Short Lessons in Savings from my Dad
Financial talks with my Dad was always educative ( He wasn't poor nor was he rich too ) yet he was and still is the best father to exist on earth.
When i was younger my dad would say son learn to set a budget . An adage says cut your cloth according to your cloth . But in today's world its quite easy to go over your head . I always tell Dad its hard to stick to a budget , he will say you will never be rich if you don't learn this open secret .
According to www.dailyworth.com, putting your budget in writing is one of the basic foundations in ones path to financial freedom . If you never set parameters for yourself financially and your are not yet with the likes of Aliko Dangote you need to re-access yourself and take an inventory of your income , expenditure and savings goal . These parameters include knowing what you are buying why you are buying it and can easily help you judge if it that purchase was right or wrong .
I never really got to understand what Dad meant until years later . I am not yet rich and i know i have a long way to go but my life is in a better shape because of this 1 advice .