You\u2019re here. I can only assume that this means you\u2019ve given some thought to your money habits or you\u2019d like to give some thought to your finances. Or it could be that you\u2019re just someone who\u2019s conscious about your money habits and like to get educated\/enlightened. Whichever reason has brought you here, you\u2019re most welcome!<\/p>\n\n\n\n
We all strive to be financially independent someday soon. I\u2019ve heard it said that to know whether you can afford something, you have to be able to buy it twice over. “Financial independence<\/strong>\u00a0is the state of having sufficient personal wealth to live, without having to work actively for basic necessities. For financially independent people, their assets generate income and\/or cash flow from dipping into the assets that is at least as great as their expenses.\u201d<\/p>\n\n\n\n Financial planning is a tool to achieving financial independence. The desire for this independence is in most of us, but the actual tools to attain this state will require action rather than mere words, thoughts and hope. Like every good thing that we\u2019ve attained, we need to work conscientiously towards achieving our desired goal of financial independence. Taking one tiny step daily toward achieving your goals will take you far. This isn\u2019t a function of what you earn currently or how much you have saved up nor is it a function of how big or otherwise your dreams\/responsibilities are.<\/p>\n\n\n\n Whether you\u2019re a business owner or an employee, whether you\u2019re looking to start up something by yourself or with partners, whether you\u2019re a hoarder or a spender, your finance is essential to the very core of what you are and what you do. It also doesn\u2019t depend on age. In hindsight, a lot of people wish they had started being deliberate about their finances earlier in their lives rather than later. For instance, I started being conscious\/aware of my finances whilst I was in secondary school. I realized that to have spending power, I needed to have earning or saving power. I quickly came up with various schemes to legitimately make money (not necessarily buying and selling) but a couple of my classmates and I started what we called a \u2018bank\u2019 at the time. LOL. <\/p>\n\n\n\n Following this, I tried various other legitimate \u201cbusinesses\u201d to ensure that apart from my pocket money, I had earnings. Also of great importance was what I was then going to do with the money earned\/saved! I invested in my first Treasury Bill at age 19. I walked into the bank by myself and requested the investment options available. Now this was because I knew that it wasn\u2019t just enough to have earnings or savings, I needed to have them invested appropriately. I also knew that I wanted to have \u201ca lot\u201d of money by the time I was graduating from the University even though I didn\u2019t have any particular thing I wanted to do with the money. To achieve this, I needed to have a plan which I could be committed to and I did.<\/p>\n\n\n\n The importance and advantages of financial planning cannot be over emphasized. Sign up today to<\/p>\n\n\n\n Once again we say, you\u2019re most welcome.<\/p>\n","protected":false},"excerpt":{"rendered":" You\u2019re here. I can only assume that this means you\u2019ve given some thought to your money habits or you\u2019d like to give some thought to your finances. Or it could be that you\u2019re just someone who\u2019s conscious about your money habits and like to get educated\/enlightened. Whichever reason has brought you here, you\u2019re most welcome!Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":75,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.adashe.ng\/blog\/wp-json\/wp\/v2\/posts\/181"}],"collection":[{"href":"https:\/\/www.adashe.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.adashe.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.adashe.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.adashe.ng\/blog\/wp-json\/wp\/v2\/comments?post=181"}],"version-history":[{"count":1,"href":"https:\/\/www.adashe.ng\/blog\/wp-json\/wp\/v2\/posts\/181\/revisions"}],"predecessor-version":[{"id":183,"href":"https:\/\/www.adashe.ng\/blog\/wp-json\/wp\/v2\/posts\/181\/revisions\/183"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.adashe.ng\/blog\/wp-json\/wp\/v2\/media\/75"}],"wp:attachment":[{"href":"https:\/\/www.adashe.ng\/blog\/wp-json\/wp\/v2\/media?parent=181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.adashe.ng\/blog\/wp-json\/wp\/v2\/categories?post=181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.adashe.ng\/blog\/wp-json\/wp\/v2\/tags?post=181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}