nigeria blues

As an employee, one will always have some avoidable experience when it comes to money matters. Most employees dont have a good culture whe it comes to money. Their hard earned cash is wasted or spent on frivolities or other peoples responsibilities. Not even wind falls are spared the trend. A lot of employees are always in competition with their colleagues on either the latest toys in town or some new rave of the moment. Most lack focus, even with money matters. Veteran employees have a timeless saying." My take Home Pay cannot take me home". My question to such people is " why did you last long on this job'?".

From my experience and interactions with associates, these tips can help you live better and healthier on a shoe string paycheck.

LIVE ON A BUDGET

To many people, this act is mission impossible. Every penny should be carefully planned and allocated for various purposes from foodstuff to foot mat.

DONT LEAVE OUT INVESTMENTS

Investments in equities and other business avenues such as investment clubs and real estate and even business should not be ruled out. Some bad investments you can avoid are bars and clubs.

KEEP MUCH IN CASH

Always keep a large percentage of your earnings in cash. Some opportunities will surely present themselves at will and cash should not be a problem fro those of you who are big savers.

SPEND LESS

Do not be tempted for those ten percent off bargains. In most cases they might be out dated or out moded product that the manufacturers want to phase off the market like the old Moris Minor or Volkswagen Beetle. When you do the cash never comes back.

DEVELOP YOURSELF

The best way to do that is to read good books on finance to know the essence and use of money in our society. Attend seminars that has to do with finance or even motivation as an addition.

Join or form an investment investment clubs where you encounter new ideas about money.

CARRY YOUR SPOUSE ALONG IN YOUR PLANS.

That famous saying that behind every succesul man is a succesful woman should have been besides every succesful man is a succesful woman. Your spouse is your greatest partner in progress and you must bare your plans and implement together. If you are lucky to have a business person as a spouse, you mght learn some better practical tips on savings from them as an employee.