3 REASONS WHY YOU ARE STILL BROKE.

Follow
Listen to Article Listen to this article read aloud

Audio uses the voice available in your browser or device.

Everyday, life throws challenges at us. Most of which are financial. Life doesn't care whether you are capable of meeting them or not. Sometimes you wonder why you are still broke even though what you earn is capable of footing all your bills. 

Below are some reasons:

ONE, you have one source of income. Why would you not go broke when all you have is multiple streams of spending and not multiple streams of income? You will need to balance the two.

TWO, you try to impress others. Everyone's journey is different, so don't be moved by other people's timeline. Impress no one! Do the best you can to spend less than what you earn monthly or as the case may be. Impressing others will only invite "Sapa" because you will be under pressure to gain approval from them. 

THREE, you have no budget or money plan. A scale of preference can save you some money. Important things (needs before wants) should come first. Avoid impulsive buying. That you can afford something doesn't mean you should buy it. 

Was this helpful? Like and comment.

More Articles by This Writer

Support the Writer

Enjoyed this article? You can support the writer with a voluntary donation.

Your donation supports Faith .C.

Minimum donation: $2.00   •   90% of the donation is allocated to the writer after the LodPost commission.

Comments

You must be logged in to post a comment.

About Author

3 Followers
0 Following
16 Articles
15 Likes