FINANCIAL LESSONS YOU MUST MASTER

August 16, 2025

wilst re arranging my closet, i came across a binder of mine with some old documents. among them was an old "book" i had written. about 100 words max, terrrible punctuation and no context. the title of the book? " i love my parents and family very much " , yah i know... given the know how on literature that i posses today it would score a -3 / 10 but this was from 2013 back in primary school when i thought i was an author and a business mogul. the contents of that "book" are what stood out for me and compelled me to write this months piece ( i miss you guys btw ) in the book i wrote of the bank i thought i owned back then during play time and it triggered discussions on finances and how i have always been curious on the matter. finances are a very delicate issue that we all must come to contact with bringing about terms like savings, budgets, investments and the like . and today i would love to share a few tips that help me stay afloat on the above mentioned.

📍budgets : not my best aspect but one i keep close due to fear. the fear that i could spend what i do not have leaving me hanging by the tread. its important that you try as much as possible to fomulate budgets for your income to help direct funds to the various aspects of your life. you will be surprised by how much more money you will have left at the end of a said period after you start allocating specific funds to specific aspects. good budget templates can be foung on canva , google excel or even just your note book a quick tip is to allocate different percentages to different aspects and trying to stick to it.

📍savings: " now we have arrived in my realm , take a sit" there are various sources from financial professionals telling you how much of your pay check should be allocated to savings and as much as i agree different people have different life situations. two people earning the same could have different responsibilities each affecting how much they finally get to save making the conversation redundant for me. i will say ,however,it is important that you save and also know why you save. this opens the discussion for ideas such as saving for investment, saving for an emergency fund and just saving for future use ie retirement. these are all very important and should all be fully addressed. the problem with most of us is that we just group everything into saving and that creates a discripancy once one of the reasons for savings happens. my suggestion is to have separate accounts for the separate forms of savings. also pass by your bank and schedule a meeting with your banker.... that is why they exist. keep them busy

.📍 investments; something i am still learning as i go, this is a very important part of managing finances but sadly can almost not be achieved unless one budgets hence setting aside money for saving part of which are used for the above. various investments fit various budgets and wants. its important for one to do their research before injecting any money into any business format. because one thing about businesses, there are profits and losses and the margin between the two is usually a decision away. its important that you reach out to certified professionals to share your dream and goals and ofcourse once again your bank is your first and most affordable choice. disclaimer: non of the above is replacement for financial advice, all views expressed are mine and pictures belong to their owners. cheers.