I welcome you all to a week of greatness/exploration, I also want to use this as a medium to salute those who are bereaved at the moment as we lay the queen to rest
Let's dive into the Hive Learners contest for the week which is focused on "BUDGETING"
As a kid I really did great with this budgeting and saving but as times evolved i found myself lagging behind in that aspect but on rare occasion do I really do great with the budgeting stuff. Case scenario of when I got my phone and that's when I got insight of what planning and budgeting can really do
If there is something you should add to the little knowledge you've gotten on budgeting, it should be "DISCIPLINE" and "CONSISTENCY" I've gotten a good knowledge from fellow Hivians on what to look out for or consider when budgeting
E.g income
Inflation
Needs etc
All are truly needed to be put in place but allot of times we find ourselves lagging behind after knowing what needs to be done and it's because of the lack of Discipline and Consistency
First of all what should you be disciplined with, you must be disciplined with wants and spending. It can be really tricky as we find ourselves longing for what we later regret buying (A short story) I was passing by Hausa quarter inside Warri today and I perceived a sweet aroma from the Bean cake (moi moi) a lady was selling by the side of the road, I wanted to come down and buy, but something called me back to order A SAVING QUESTION I ALWAYS ASK MYSELF - DO YOU NEED THIS OR YOU JUST WANT IT that's when I held myself because I wasn't really hungry
This question has done really great good for me and it can for you too... Whenever you find yourself longing for something ask yourself if YOU NEED IT OR YOU JUST WANT IT? And you'll realize you didn't really need it after all
Now on the part of being consistent, you have to be consistent with your actions. It shouldn't be a thing you'll practice for one week, month or two and then you go back to the old you. Being consistent isn't easy, but the pay is way too much for you not to be.
These are the few I can touch light on this topic, it really helps me and I do hope it meets you at the right time
Your comments, contribution and supports are welcomed ... Thanks for coming around 