2023 has been a year of ups and downs for many of us, especially when it comes to financial matters. As we move into 2024, it’s important to take stock of our financial situation and make a plan for the future.
Managing money is a challenge to us all, especially when getting it is a big challenge. From my personal experience, the following ten points are important to us all as we get into 2024:
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- Follow the right accounts on social media platforms to help you achieve your money goals. Social media platforms like Twitter, Instagram, and LinkedIn are great resources for finding financial advice and inspiration. Follow accounts that provide valuable insights and practical advice on various aspects of smart money management.
- Budget the little you have. Prioritize on matters that will be KEY to your growth. Creating a budget is an essential step in managing your money effectively. Identify your income and expenses, and allocate your resources accordingly. Prioritize expenses that are essential to your growth and well-being.
- Earn. Invest. Save. Spend. Remember this 4 step aspect of managing your money. Earning money is just the first step in managing your finances. Invest your money wisely, save for the future, and spend your money on things that matter to you.
- Prayer works wonders. If you can’t pray because life is hitting you hard, recite the Lord’s prayer on repeat mode. It is a very powerful prayer.
- Learn to say NO. If you are kind, remember people to whom you give money, are not good. Pray for a spirit of discernment. Some will use witchcraft on you to destroy your source of income.
- Learn to use professionals and learn to be ready to pay for whatever expert advice you get. Money management needs dedication, commitment, and consistency. Seek out professionals who can provide expert advice on various aspects of money management. Be prepared to pay for their services.
- Read and understand what RISK is. What your RISK TOLERANCE is. How you can leverage RISK and get financial independence. Understanding risk is essential to making informed investment decisions. Identify your risk tolerance and invest accordingly.
- Mind your own business. This will enable you to focus on your own life and make better moves. Avoid getting caught up in other people’s financial affairs. Focus on your own goals and priorities.
- Honor, Value, and Respect your parents. If they are not alive, honor and value their memories. Our parents play a crucial role in shaping our financial habits and attitudes. Show them the respect and gratitude they deserve.
By following these tips, we can take control of our finances and work towards a secure and prosperous future. Remember, money management requires dedication, commitment, and consistency. Wishing you all the best for 2024! May it be a year of growth and prosperity. If you wish to interact with me, email me at: biko@sokodirectory.com
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