Quote from: Egii Nna on Today at 10:24:22 PM

Quote from: Agbamoni on October 31, 2023, 02:02:56 AM

All of a sudden, everything changed. I lost one of my most loyal clients due to a car accident. I started getting fewer job opportunities. My monthly earnings were so low that I could hardly afford anything. All the friends I had left me, with only a few remaining. That's when I realized that I could do better. It's been over five months now, and things are still not completely okay for me. But I want to change and plan for myself.

That is just it. Most of the time, people that stick around you are there because of what you have, and I know if you lose it, they will definitely leave you. Although you have already encountered the situation, a wise man says that “if you want to be successful in life, you should avoid too many friends." Looking at this, having many friends can make you not think about your finances because they will show you that they are always with you and make you not calculate your expenses.

I think it is much better to say that choosing friends wisely is one of the critical factors of success in life. If we become friends with knowledgeable and successful people, their habits will influence us. Befriending with leeches will only cause us expenses.

Quote from: Egii Nna on Today at 10:24:22 PM

So the only advice I can give you is to have a budget based on your income. If possible, the budget should be lower than your income so that you can save enough to recover your former financial status so that you can plan a good life and also reduce bad friends. If not, you will still go back to your previous life.

Much better if he saved first before budgeting for expenses. This way savings are already secured and he will make the remaining funds adjusted accordingly.

Quote from: Mate2237 on Today at 10:47:18 PM

You would have put yourself in other after the demised of your client. And also you would have looked into your business capital to see if it could sustain the business and it was not them you would have changed business to another business that you would have done better. Those are so.e the business strategies. You don't have to stick to one business when you discovered it was not doing well again as the beginning.

I will advise you to divide your business idea into two so that if one side goes down then you use the other one to support it.

I think he need to expand his network of people. Maybe @OP became relaxed and stopped looking for new clients because that client had his income covered. There is no need to change business but the need to look for new client is badly needed. @OP is doing good with his business and I feel that he is comfortable executing the offered service, changing business will probably give him more negative outcome than just looking for a new client.