Prosperous Couple:How to Enjoy Plenty

– Bisi Adewale

As a couple, discipline is not negotiable if you must have financial independence, just learn how to postpone pleasure and gratification and put the money into a better use thereby employing the money.

(A). Adjust your priorities- Most of the time we spend on things we don’t really need. We also spend to

show-off, to please people or to demonstrate our generosity. What can you afford not to have? Do you need two

cars? Must you carry two phones? Must your children attend the most expensive school in town? Must you

frown that party? Must you have twenty pairs of shoes? Do you need that expensive earring?

It takes a little more time to develop on management attitude that allows you to be in charge and get control of your spending.

(B). Buy in Bulk: Buying in bulk will save you a lot of money, make it your habit. Buy rice in bags, pepper in baskets, etc.

(C). Avoid eating out- You can spend 50% higher, eating out than the amount you would have spent if you

prepare the same food at home. Discipline yourself to eat at home and save the balance you could have spent eating-out.

(D). Know the difference between necessities and luxury- Go for necessities; avoid luxury as much as possible.

(E). Avoid impulse buying- Plan your buying, have a budget, don’t just buy because people are buying.

Have a vision for the future, most families do not have vision for their future, that explains why most just spend anyhow. If you want liberty then develop a vision for your future.

• Picture how you want to live in retirement

• When you want to move into your own house.

• Legacies you want to leave for your children

• How much you want to worth in investment at 50

• How much you want to worth in investment at 70

• What you want to live behind for your children.

• How you want to live at old age, whether you want to rely on your children or on income from your

investment. MAKING MONEY IS GOOD; SAVING MONEY IS BETTER, INVESTING MONEY IS

THE BEST.