Stats: 3,191,066 members, 7,942,858 topics. Date: Saturday, 07 September 2024 at 06:31 PM |
Nairaland Forum / Nairaland / General / Business / Financial Mistakes That Almost Wasted My First Five Years Of Work! (41284 Views)
Oscar Ekponimo Develops An App 'Chowberry', Brings Wasted Food To The Hungry / 5 Financial Mistakes New Business Owners Should Avoid / Nigerians In Diaspora Remit N23.5tr To Economy In Five Years (2) (3) (4)
(1) (2) (3) ... (6) (7) (8) (9) (10) (11) (12) ... (14) (Reply) (Go Down)
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 5:33pm On Jul 03, 2015 |
tobiaboG: Bless you too. And may God increase your wisdom.... |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 5:34pm On Jul 03, 2015 |
dearpreye: Well, no be only you dey do so, Oga, it's quite common with men to be touchy and edgy anytime they are down to their last dime... and na we the wives dey always bear the brunt. That is why we are always quick to advise and point out loopholes when they whip up crazy and unrealistic notions on how to go about any particular expenditure that might end up in flames in the long run. 2 Likes 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 5:36pm On Jul 03, 2015 |
Woreva: I can't agree more. It's a case of you people seeing the end from the beginning ![]() I pray to listen more. The rich listen more. 1 Like |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 5:40pm On Jul 03, 2015 |
dearpreye: Yes ooo! I call it the "Third Eye"! 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by harveyspec: 5:57pm On Jul 03, 2015 |
blessingee: Pls what's a sinking fund? Can you give examples |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Whynotthetruth(m): 5:59pm On Jul 03, 2015 |
dearpreye: @forget the bolded...I have people I look up to in every aspect of my life...I don't joke with them and can't trade such relationships for anything... For the rest of your comment...thanks...I am grateful boss 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by harveyspec: 6:01pm On Jul 03, 2015 |
ideykwum: Pls am interested also Harveyspecter511@gmail.com 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by blessingee: 6:08pm On Jul 03, 2015 |
harveyspec: [b]A sinking fund is a fund established by an economic entity by setting aside revenue over a period of time to fund a future capital expense, or repayment of a long-term debt. [/b]Insurance companies here practice it more with varying policies e.g children's education, 5 year personal plan, all you do is drop an amount monthly, and you wont access it within a stipulated time frame, lets say 5 years and upon expiration of the period, you get your total sum plus interest. It takes a lot of discipline and determination....but it is achievable...whenever am invited to speak on financial issues, i always cite this example because a friend did it conveniently and i have one myself currently in its 3rd year... 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 6:15pm On Jul 03, 2015 |
blessingee: Never knew anything about SINKING FUND hitherto! |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by harveyspec: 6:24pm On Jul 03, 2015 |
blessingee: can you recommend a trusted company that has the personal plan option |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Specialist900(m): 6:30pm On Jul 03, 2015 |
MizMyColi:funny you. I no go just stop to work ni. 2 months too much o |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by therealMcCain: 6:36pm On Jul 03, 2015 |
https://www.nairaland.com/1435870/how-advice-spend-salary-150k pls house any advice for me cc:ideykwum dearpreye INDESTRUCTABLEX Whynotthetruth blessingee MizMyColi Noblezone thanks, you can post your reply on this current thread 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 6:46pm On Jul 03, 2015 |
Whynotthetruth: @whynotthetruth I totally get your points! The major reason for suggesting that was to encourage him to 'save'....despite how little the interest might be its still a bit attractive.....and why would you let the money mature for just '30 days' ![]() ![]() @shares shares aren't of value like they used to be.....I remember when my parent bought me shares when I was in primary school for #500,000.....for the past two years I've been getting #249.48k and less ![]() @micro-finance banks....the issue I have with micro-finance banks these days is the amount they start with...the highest most micro-finance banks start with is 50k or 60k.The ones that give higher ask/request for really hight deposit.this isn't always favourable for market women way no too dey loaded that's why you see them jumping from one micro finance to another....then they start to have issues with the weekly or monthly payment......I don't even want to get started on how rigorous the process is...you have to 1)Pay for form 2)Pay for issurance 3)Pay deposit 4)Bring two or more guarantors 5) You have to wait for weeks to have your loan processed 6) Most times you have to have collateral (na everybody get property ni ![]() On top 60k ooo ![]() Let me share one of the businesses my mom ventured into My mum bought an okada the for like 80k or so and the man paid back with 120k or so (hire purchase)...my mum added money to it....bought two more put it up for hire purchase.My mum did this till she bought two buses and put them up for hire purchase and got like twice the money she bought them for.she then bought a car and did the same.....and it went on and on. The purpose of my epistle is ![]() ![]() 4 Likes 2 Shares |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by blessingee: 7:23pm On Jul 03, 2015 |
harveyspec: MANSARD or AIICO 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by blessingee: 7:25pm On Jul 03, 2015 |
Woreva: Women are really blessed with the "third eye" Their vision is unparalleled... 2 Likes 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 7:26pm On Jul 03, 2015 |
blessingee: I've neglected the one close to me, and have paid very painfully for that foolish snob! |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 7:29pm On Jul 03, 2015 |
SarahBabyxx: Thanks for going out of the way to drop those lines of personal/family experience. Many of us are too reluctant to start small.....We kinda believe since we have wasted years doing nothing, it's now to late to even start, let alone starting small. We only cheat ourselves. Let's start small - as small as we can. We can end up big... 2 Likes 2 Shares |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 7:36pm On Jul 03, 2015 |
dearpreye: Preye you're very welcome ![]() That shows we're only human....it takes a lot of strength and determination to make it in this life.....even bible talk say who no work make e no chop. 2 Likes 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 7:39pm On Jul 03, 2015 |
SarahBabyxx: I totally agree. Infact, I rate discipline and determination higher intelligence. An averagely intelligent person, with loads of determination, can achieve all they set out to. 1 Like 2 Shares |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Tex42(m): 7:43pm On Jul 03, 2015 |
dearpreye:I just feel lucky this thread made front page and I bumped on it. Contributions her have been master pieces. ... God bless you too Preye 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Whynotthetruth(m): 7:43pm On Jul 03, 2015 |
SarahBabyxx: I was also trying to reinforce your point in that place using my life experience... @30day was an example... even if you do it for ten years...it is still what you will get in 30day duration multiplied by that period...that's how it works... @Shares for most companies are just picking up now... @What i mean by mentioning microfinance is that they were lending money to people. so they were just like small banks by the way they lend money to people with interests... not for people to go to microfinance as you thought or said... 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Fem60(m): 7:48pm On Jul 03, 2015 |
Make $50 Daily on FIVERR without Doing Nothing. You don't need to be master on any Thing before you can make money on fiverr. I will teach you how you can get the work done and make your money without spend 5 minute. Check here: www.nairaland.com/2361224/hurry-now-fiverr-online-2weeks 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 7:48pm On Jul 03, 2015 |
dearpreye: Very true....a disciplined person is focused and have self-control. Any sucessful person in this life would attribute their success to discipline....infact Intelligence comes with the territory.it covers a lot of things I tell ya 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 7:50pm On Jul 03, 2015 |
Whynotthetruth: I guess we're both saying the same thing then ![]() 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 7:53pm On Jul 03, 2015 |
Tex42: I'm so grateful a few lives have been touched by words I penned at what I'll tag as INSPIRATION. The idea sprang up and I hurriedly dropped them. U can see some typos. It's making front page is thanks to the amiable Ishilove. I'm sure she made it possible. Most importantly, God bless you for making this thread a success. 3 Likes 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by ideykwum: 8:43pm On Jul 03, 2015 |
You are very correct! Sometimes, small is the best way to go!!! Especially, if you haven't really gotten a grasp of the business! SarahBabyxx: 2 Likes 2 Shares |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by ideykwum: 8:47pm On Jul 03, 2015 |
I have sent 20 books!! AlphaFrank, staffingx, doppleganger, MsGlobalwonder, kassanova and others, please confirm receipt! harveyspec: 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Alphafrank: 8:47pm On Jul 03, 2015 |
U've got a mail sir....
cc:dearpreye 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Alphafrank: 8:49pm On Jul 03, 2015 |
ideykwum:Waiting sir...... 1 Like 1 Share |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 8:51pm On Jul 03, 2015 |
Alphafrank: Seen. Replied sir. |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by ideykwum: 8:55pm On Jul 03, 2015 |
Re: Financial Mistakes That Almost Wasted My First Five Years Of Work! by Nobody: 9:03pm On Jul 03, 2015 |
ideykwum: Exactly! People get so caught up with starting 'big' that they don't even see the advantages of starting small. 1 Like 1 Share |
(1) (2) (3) ... (6) (7) (8) (9) (10) (11) (12) ... (14) (Reply)
40 Richest Men In Africa! New List! / Passenger Transportation Business ? / Finishing Pictures Of Owerri Mall
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 93 |