• Sun. Oct 17th, 2021


Business growth guide for every beginner

How to stay financially Independent


Aug 16, 2020

I have heard a lot of people saying it hard to control expenses. yes, this is quite true to some extent being that fact that unexpected event happens that can cause you to spend money you didn’t budget for.

that is quite understandable. but not when you spend money just to impress people or friends, just because Adam bought a new car doesnt mean you must buy a new car especially if you don’t have the money.

you now go and borrow money, in the name of impressing others. This act will put your personal finance on the low. now you will start the rat race of continually chasing money just to make ends meet. 

The best time to live a life of luxury is when you have now realised that money works for you. you no longer chase money instead money is now chasing you.

Another thing I have noticed is that people don’t have a budget plan for their expenses. For example, “You don’t know what’s coming in (Income) and you don’t know what’s going out (Expenses). I know very well it can be very cumbersome keeping track but you need to do it anyway.

Let me tell you what i did that worked for it takes discipline to do this.

Now if your monthly income is $1000, The best way to keep track is to divide the income into how you spend monthly.

for Example 

feeding $ 200

Transportation $300

unexpected expenses $100

other     $100

Savings $300

The above shows how you can keep a budget and stick to it, this way you will be able to save and properly track your spending habit.

Another way to stay financially Independent is to take insurance seriously. Truth is insurance goes a long way in helping us manage risk, that can lead to huge spending.


if you don’t take insurance seriously, you can lose everything you ever had. Meaning you have to start from the beginning and i believe no one wants to experience that.

The rich get richer and the poor get poorer is a true statement. poor people remain where they are because of lack of proper information about money.

My advice to anyone who wants to be financially Independent should stay WOKE. get material, read books, roll with the rich and know-how they stay on top.

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