Are You A SPENDTHRIFT? Then Read This👇

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(Edited)

Today we are gonna be dealing with HOW to cut off that habit of spending money prodigiously. Some people are gifted with spending their money recklessly while others sincerely want to save but lack the ability to manage their funds. No matter how you view it, it has earned you a title spendthrift. The title is no achievement as it will drained you financially, while leaving you bankrupt and depressed. So what are those magical ways that will help you cultivate the habit of saving

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Never spend your money before you have it... Thomas Jefferson

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Set Your Priorities

Money is valuable commodity that can be used in solving tons of issues. If you don't budget you money, it will budget itself and leave you in no time. Proverb 23:5 supports this (In the blink of an eye wealth disappears, for it will sprout wings and fly away like an eagle.). Wisdom is when you are able to cage it, so it won't fly away. How can I cage money? Set your priorities, don't go spending money on liabilities. Make sure that if you must spend your money on something, it has to be extremely necessary. We were taught since high school that we have NEEDs and WANTs. If the wants is not pressing, let it go.

Tell me where your priorities are. Show me where you spend your money and I will tell you what they are

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Invest in Assests not liabities

A lot of people spend their money on liabilities that will yield no profits in the long run. If we are to check the ponzi scheme groups now, you are in all of those groups. Looking for a way to make quick money... Haha. When you hear quick money schemes, run and never look back. It will only drain you. Why not buy bitcoin, ethereumn or any of those inflatable Assets and lock up. You know for sure these ones are likely to pump more profits in the long run, apart from that you can't loose your money, well except you loose your private keys... And I know you ain't that careless.

Do not save what is left after spending, but spend what is left after saving.

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Use Investment Apps

We have tons of apps and websites that helps you save your money with ease and no stress. The highly recommended ones are piggyvest and cowrywise. With these digital banks you can save from the comfort of your home, make more money for referals (about $3) and get massive interests upto 10% - 15.5% on the go. They will help you achieve financial freedom by enabling you save responsibly. What esle can you possibly ask for?? 🤪

Extracted from ma blog
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