Take Control of your Financial Future.

Tuesday, 16 February 2016

Money Basics

Money, Money, Money, one word that carries weight in our every day lives. Hardly can you go all day without talking about money or somebody talking about it. We are all economic agents cause we deal with money transactions. Money is an important resource in our daily lives.

The need for money cannot be over emphasised cause it's a medium of exchange for products/services offered. Every one, wants it, work for it, dream it. Like they say, money makes the world go round. I think it does. We all need it to put food on the table, pay children's school fees, go for vacation, household expenses.......we just can't shy away from our need for "money". 

Our wants are unlimited even though all cannot be satisfied at once but then we worry about paying bills, have a feeling of inadequacy over our income, feel guilty at spending. Polls frequently show money to be a leading source of worry, and one of the main causes of disputes between couples.
Money is a representation of Value

 It's really funny how even the rich aren't immune to this money worry, thinking of how their wealthy lifestyle will be maintained to whether their inheritance will not be  mismanaged.

We have all made money mistakes at some point in our lives. We have developed various mind sets, attitude and behaviours about money while growing up which are even unhealthy and needs to be excoriated.

Money is a subject that provokes strong emotions but we rarely discuss it even with our friends and family. Perhaps, financial therapy just offers a much-needed platform to discuss these feelings with someone who won't judge or criticise us.

In these times of economic recession, when there is decline in global oil prices, high rise in forex rate, dwindling foreign reserves, unemployment, increased cost of living and increased cost of goods and services. We must not lose faith. This is the time to take responsibility for our finances.

I seek to empower people regarding their finances. I hope to inspire kids, teens, men, women to attain financial security and independence. 

Let's journey on this ride together.......

We will succeed! 

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