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There are some weeks you must be prepared for more outflows than usual. Maybe I should start off with how today has been and probably one of those reasons is just the billings. work time can become nap time and well along the line, the vice. When I was just planning to take a nap, I saw The General electricity coming in and I had to take advantage of ignoring and waiting for whatever cost follows later.
energy costs are very high, it wasn't too good anyway and when coupled with the oil price climbing issues courtesy of the war the matter gets more expansive. Adding to that, I TRY to reduce the use of the company generators. One is already down awaiting repairs and I don't want it to be both at a blow.
Having two generators with both roughly 3KVA is not good enough. Our industry is energy demanding. As we speak, we can't run the entire company equipment when the generator is put on. Of course, this already is another form of work delay. My plan is to swap both generators and probably add up cash to buy a new one or perhaps just one. Anyway, it will be a bargain at somewhat our loss since the buyers will be considering it already being used.
A plan I said because as we speak, prices of a higher volt generator keeps going up. My eyes were first on a lister which will cost us much so I have decided to rechannel focus to a 6KVA petrol generator (LPG convertible). That was by the way, let's head back to how it has been with expenses.
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I had to pull two transactions (one last week and the other this week). I had no choice, there were needed debts to get off the table and well, a little inconveniencing at my end. First you have to keep your integrity even when things don't end up flowing as documented in paper work and secondly, there are needed transactions that have a time frame and trust me, the cost of evading is much more punishable than current cash spent. I am also working on my tertiary education in the process, there was an inevitable school fee to pull out and the deadline was this week. You know what I mean.
So after doing some account clearing I just decided to take it easy this Saturday. money has a way of finding Wings to leap. My advice here will be, don't waste time trying to live below your means, make every possible means to expand your means; expenses are real. I am not even talking of lavish spending here, staying in an economy where inflation has become a norm, it is much better to be the money collecting hub rather than the vice.
Just your daily feeding and transportation can be huge expenses; take time and collate it after 30 days and you will know what I mean. You will be the one asking yourself this strange question; ‘do you mean I have access to such a huge amount of money and I get to keep little to nothing?. Ok, calm down, it can be that disheartening.
To conclude, let me add, my month ends have been full of outflows for a couple of months for NOW. Let's hope I get out of this outflow box soonest. This week has been the same, a left over transaction I was supposed to complete by last week; a billing week I call it.
This is an article covered by dani-EL; a broad niche writer. I write on faith, life facts and daily living, business and economics, small scale and daily businessing, cryptocurrency and technology. And yes, I do cover articles on financial education and investment updates. And note, if I happen to be a financial adviser to you, the TOP financial advice should be ‘DYOR’ (Do Your Own Research), I can't afford to break your heart.
