In the 21st century, it is imperative to be in-the-know when it comes to matters of monetary management. It will be detrimental for anyone to be financially ignorant in these times. There are many ways to source for income nowadays, gone are the days that having a white collar job is the only hope for people to have a steady inflow of funds. Whatever maybe your source of income, how you manage and deal with your money shows how financially intelligent you are. First lesson: You look for money, money doesn’t look for you.
I spent my days in the university digging and researching about how to be financially stable, I was tired of being penniless. I began to gather books on business and finances, I made sure to read and practice what I read. It was easier said than done. When I read, I’d see how the things they did changed their lives, but I always felt as though nothing was changing for me. It was after sometime I realized that it was a process. Second lesson: Do not ever expect instant and overnight changes, Rome wasn’t built in a day.
As the books advised, I began to invest, I started to track my spending. I was able to distinguish between my wants and my need and I did away with the temptation of procuring my wants instead of my needs. Slowly I became self sufficient, I had a budget and I stuck religiously to it. Most importantly I learned how to save. Third lesson: Grow your money like you’d grow your vegetables.
Before long people began to ask me how I did it. The first step in my journey to financial stability was getting tired of being broke, the second was taking an active step to make a change. The journey of a thousand miles starts with a step. I was able to visualize where I wanted to be in some years time and I worked towards it. Fourth lesson: Understand the bigger picture.