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Nairaland Forum / Nairaland / General / Business / Financial Mistakes That Almost Wasted My First Five Years Of Work! (41424 Views)
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Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by macino1(m): 12:18pm On Jul 03, 2015 |
Nice one! The TRUTH is: Most people buy THINGS they DON'T NEED with the MONEY they DON'T HAVE to IMPRESS people they DONT LIKE. Just living for others unknowingly. Meanwhile, having money and the wisdom to manage it hadly goes together. Some have money but lack the management skills. Others have the management skills but have limited opportunity of making money. Only few are favoured to have both (the rich). Finally, na God get power. 3 Likes 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 12:19pm On Jul 03, 2015 |
ideykwum: God bless you, sir. You've always be my brother. God bless Seun! 1 Like 2 Shares |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by LEXYCOM: 12:19pm On Jul 03, 2015 |
jaybee3:I too know they worry u.........na oxford university u suppose dey teach....... |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 12:21pm On Jul 03, 2015 |
GOD bless the OP. This is one of the most brilliant and down -to -earth posts I've ever read on NL. Kudos to you. I particularly like the part where you wrote "Not involving your wife " - that is the mistake most men make, not knowing that women are naturally blessed with the unction to function excellently in financial matters (save for a few extravagant ones). 4 Likes 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by ideykwum: 12:23pm On Jul 03, 2015 |
God bless you too! Without your thread, we wouldn't have highlighted this issue...Your contributions and leadership made the difference! dearpreye: 1 Like 2 Shares |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by INDESTRUCTABLEX(m): 12:23pm On Jul 03, 2015 |
Alphafrank: I don't read a lot of books. I focus more on short articles. However, I recommend "Think and Grow Rich" by Napoleon hill, Laws of Success by the same author. Richest man in Babylon by George Clason (I am reading this for the forth time, it inspires me. Highly recommended). I just started Business Stripped Bare by Richard Branson I hope this helps. 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by ideykwum: 12:24pm On Jul 03, 2015 |
Good recommendations! I may have soft copies of them. Will check! INDESTRUCTABLEX: |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 12:24pm On Jul 03, 2015 |
Woreva: Was there any financial mess I got us in that she didn't foresee and warn me against? No! My stupid and weak ego simply be clouded my judgment from receiving the FREE financial adviser staying next to me! The worst is, I took the decision alone; WE bore the ugly consequences TOGETHER. 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 12:26pm On Jul 03, 2015 |
ideykwum: With people like you by my side, I can risk failing!!!! Thank you! 1 Like 2 Shares |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Alphafrank: 12:26pm On Jul 03, 2015 |
ideykwum:Thank you sire......i already sent u a mail dnt knw how long it would take to get delivered......let me howeva drop my email so u can take if from here.....plz quote me once u've taken the mail so i can modify it.....tnks a lot.... wisdomfrnk@gmail.com |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 12:27pm On Jul 03, 2015 |
@OP my your intellect and wisdom continue to increase exponentially as you grow old and wise. This is good advice. I also have one more advise to give.. There is something called Herd-Mentality and it often prevents you from thinking creatively or out of the box. because many people live under the same environment, they are far more likely to make similar investment decisions regardless of what obtains outside that environment. 1 Like 2 Shares |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Alphafrank: 12:28pm On Jul 03, 2015 |
INDESTRUCTABLEX:I am with the richest man in babylon now,already read it wil stil read it,tnks 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 12:29pm On Jul 03, 2015 |
Alphafrank: It seems I have to study it once again. I've not read it in years. Thank you! |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by athorello(m): 12:30pm On Jul 03, 2015 |
Thanks OP....This thread is actually for me.... I'm really going through a not too good time right now because I didn't say NO within the last two months though I had my doubts then. Some humans just have lack of understanding and are desperately wicked. 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by INDESTRUCTABLEX(m): 12:31pm On Jul 03, 2015 |
dBard: Exactly, cooperatives are a great way to save. In some companies, it is integrated into the accounts dept. such that the money is deducted once salary is paid. This way, there is no temptation of spending. 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 12:32pm On Jul 03, 2015 |
athorello: It is well. You're not alone. I'm still bearing the consequences of that weakness TODAY. You're not alone. You will soon get out of it. The most important thing is that we learn our lessons and improve our decision making process. God will see you through! Shalom. 1 Like |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by apolonius(m): 12:32pm On Jul 03, 2015 |
Thanks to the op and all the wise contributors.I read every comment and I am blessed and better from them all. I have been guilty of all the financial sins in the last 6 years or so.From avoiding 'unshiny' earning opportunities in London to heavy spending on wants and pleasures:clubbing excessively during my law school days in Abuja,dinning in exotic places and rooms in the name of fun,being a father Christmas to some,and saving nothing. Yes,I have lacked amid the plenty I got through the years and decided early last 2 years to prioritize financial education.Of course,I found love,realizing that our time here is shorter than we are conscious of,and wedded awhile back.I have since read autobiographies of the wealthy and great like Ted Turner's Call me Ted,Total Recall by Arnold Schwerzeneger,Boone PIckens First billion is the Hardest among others-started and completed Duncan Bannatyne's Anyone Can Do It last nite. My point?I am wiser and doing far greater from seeking financial knowledge.I live on budget and priorities.Of course,like I shared with my wife 2 days ago while pondering the agonies of the years of waste,if I knew what I now know in 2009 when I stepped into the UK,I would have been a multi-millionaire in pounds today. It is life;never too late to learn and always better to learn and live these lessons and principles. God bless everyone who contributed;and all who read! 4 Likes 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by samuelson06(m): 12:32pm On Jul 03, 2015 |
dearpreye: Can you throw more light here please? How does money work? What rules does money have? |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Specialist900(m): 12:35pm On Jul 03, 2015 |
Dearpreye, from your epistle I saw the handiwork of mizmycoli in your life. Thanks for the eye opener, I'm adopting it ASAP. 2wks after salary person go don broke. Other people dey plan their lives on your salary 5 Likes 2 Shares |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by apolonius(m): 12:35pm On Jul 03, 2015 |
dearpreye: Get Arnold Schwarzenegger's Total Recall,Ted Turner's Call me Ted,Boone Picken's First Billion is the Hardest,and Duncan Bannatyne's Anyone can Do It. All or anyone of these autobiographies will change your life and teach you wealth creation than anything else. 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by BABSIN(m): 12:35pm On Jul 03, 2015 |
dearpreye: Thanks 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 12:36pm On Jul 03, 2015 |
apolonius: What a poignant story there. We can take solace in our having learned the bitter lessons that accompany financial ignorance and waste! Good you now involve your woman. I'm happy. Women are great when you open up and accept total responsibility for your actions and inactions. I'll try to read those books you've read. Knowledge liberates. |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Alphafrank: 12:37pm On Jul 03, 2015 |
dearpreye:Hope u've seen my mail sire .......,..if nt herz my email...... wisdomfrnk@gmail.com........tnks a lot 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 12:39pm On Jul 03, 2015 |
Alphafrank: Not yet sir. Over there NOW. I'm grateful. |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by apolonius(m): 12:39pm On Jul 03, 2015 |
dearpreye: Thank you.Yes,as Francis Bacon once said,knowledge is power. 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by 400billionman: 12:41pm On Jul 03, 2015 |
INDESTRUCTABLEX: You have read a lot. I just read one of these books. |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by ihedinobi2: 12:41pm On Jul 03, 2015 |
Finance abi. Lol. Trial and error is how we tend to learn sha. I think there's only one law where money is concerned: spend it wisely. Money cannot be saved, in a manner of speaking. You must put it somewhere. You should be smart about where. About how much you can save when you make so little, the simple truth is that there really is such a thing as too little. For luxury. There are basic things one must have to just survive. Beyond that, don't waste money if you have too little. Instead cultivate relationships where you can exchange non-monetary value. Nice one, OP. 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 12:42pm On Jul 03, 2015 |
Specialist900: I must confess you stared strong emotions in me when you mentioned her name! I confess. I don't know why! I'm happy you found this thread somewhat meaningful. We can't continue to be human ATMs to others in the name of being a GOOD MAN. I'm also struggling financially at the moment, no little thanks to the above killer mistakes. But soon I shall be liberated and will soar like an eagle to the mountaintop of abundance, never to experience lack anymore. Thank you!!! 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 12:44pm On Jul 03, 2015 |
ihedinobi2: Very deep. Totally true. Thank you! |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by jossymife: 12:45pm On Jul 03, 2015 |
[dearpreye Trying To Impress Others: Sometimes we do it even without knowing. I've done this a few times. It's a terrible habit. We need to live realistic lives. And we must live within our means. It's stupid to live an exaggerated life so as to impress some people. It's epic foolishness. Oftentimes those we intend to impress hard notice us. Why the bother? It another habit of the poor to try to give people a false sense of their financial status. Now, I don't give a hoot. I simply live MY life. Anyone can make their conclusions; it's their business.] [You are on point] 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 12:48pm On Jul 03, 2015 |
jossymife: You took what you don't have. Bought something you don't need. To impress people who don't really care. Epic foolishness. The end is depression. |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 12:50pm On Jul 03, 2015 |
Intrepid01: I want you to do something crazy. If four salary doesnt come, you will not die. You said,you have about N40k left? That is some peoples monthly salary. Since you are not married. Do something crazy this month. Spend only 40k or50k. Damn the consequences. 2 Likes 1 Share |
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