Skip to main content

Balancing the budget is like going to heaven. Everybody wants to do it, but nobody wants to do what you have to do to get there.– Phil Gramm.

Every budget is a test of your capability to balance your expenses and your income.


It's a tough test that many of us fail. The reason is simple, most of us are never prepared to live within our means.


Most of us when we have a little, we want to prove to those who don't really care about us that we have arrived 

and when we're sent packing from the heaven the people built for us, we go outside our means to buy mansions in the hottest part of hell in attempt to prove to the world that we are still in heaven.


Who really cares about where you're , what you have and how you are at any time of your life?

Maybe your loved ones, outside them you're alone.


So, if you want to balance your budget and achieve financial freedom,

you've to die to what people think of your lifestyle, how they live without fiscal discipline and live within your means.

Comments

Popular posts from this blog

9 High yield savings accounts in Nigeria.

High yield savings account in Nigeria Here are nine Nigerian banks known for offering high-yield savings accounts, as of the latest available data.  The interest rates can vary, so it’s always a good idea to check with the banks directly for the most up-to-date offers. 1. GTBank (Guaranty Trust Bank)    Known for competitive interest rates on savings accounts, including specialized savings products like the GTSave savings account. The GTSave offers a competitive interest rates at 8.175%. 2. Access Bank     Offers a variety of savings products with attractive interest rates, especially on their Access Bank High Interest Savings account. Access bank premier savings accounts attracts interest rate of  8.175%p.a paid monthly. 3. Zenith Bank    Provides various savings products with good returns, including the Zenith Bank High Yield Savings account. Zenith bank has an account called Save4Me. Save4Me  is a savings account with a higher interes...

24 Exchange gets set to offer 23-hour trading in 2025.

Security exchange. In a press release on November 27, 2024, 24 Exchange announced it has received approval from the U.S. Securities and Exchange Commission to operate 24X National Exchange as the first national securities exchange in the U.S. that allows trading of U.S. securities 23 hours each workday. The extended hour trading is subject to Equity Data Plans making changes that would facilitate overnight trading hours and 24X National Exchange making an additional rule filing with the SEC confirming the changes and the Exchange's ability to comply with the Securities Exchange Act. 24 Exchange CEO and Founder Dmitri Galinov said: "The SEC's approval of our new exchange is a thrilling development that the 24X Team has been working toward for many years. Traders are most at-risk when the market is closed in their geographic location. 24X National Exchange will seek to alleviate this problem by facilitating around-the-clock U.S. equities trading for broker-dealers and their...

Reasons Quick Ratio Is Important To Investors.

Quick Ratio What do investors look out for when assessing a potential investment opportunity in a company? When investors consider a business to invest in, they are mostly interested in the profitability of that business. But they are also interested in the solvency , efficiency and capital structure of the business. Why would investors be interested in the solvency or liquidity of a business they desire to invest in? Because it’s important to know if the business under consideration would have the financial capacity to meet its current maturing liabilities. It’s worthy of note that businesses carry out transactions on both credit and cash bases. The quick ratio (or acid test ratio) is used to test the solvency or liquidity of a business through the ratio analysis of its financial statements. What is quick ratio or acid test ratio? The quick ratio is a solvency test that compares the total current assets of a business excluding stock, to its total current liabilities. The goal of quick...