What would you say are some of the best financial decisions you’ve made in your life?
I have made a resolution to be in a comfortable financial standing by 1st January 2020.
I learnt some of this the hard way and others are just common financial principles I would say …
1.Don’t borrow money for purely
Entertainment purposes. This is stupid. Very stupid.
2.Don’t live in a rented house ya 3 bedroom and above when you’re single. Kama unajenga that’s a different story.
3.Usijaribu kufuga Kunguru.I usually jerk off when going on dates. This gives my brain a little head start on decesion making.
4.Don’t buy a car on loan. Don’t buy a car you can’t afford to drive i. e maintenance, gas.
5.Sportpesa is not an investment. Have a monthly cap and do it for pure entertainment purposes.
6.Never spend more than your income in a month. This can put you in a very vicious cycle of debt. Try cutting out on things you can survive without till you break even.
7…
Wazito continue the list we uplift each other’s financial education
Attain a skill or start a business that can earn you money.
It’s not enough to focus purely on budgeting, increasing your earning capacity is equally as important.
I knew you were a wanker. I am not surprised. Sportpesa toa yote. There is a very thin invisible line between gambling for entertainment and having a gambling problem. Kusema gambling for entertainment ni kujienjoy
One more thing. Focus on increasing your income instead of reducing spending. You will never get rich cutting spending or saving. You have to invest in a business etc.