Post
Topic
Board Economics
Re: Ignore Financial accountability to your detriment
by
Samlucky O
on 22/03/2024, 07:23:18 UTC
If we are interested in making the best use of our earnings and investments, the place of financial accountability can't be overemphasized. It is one of the major reasons why some people will have lots of money in their account this month and the next month you see them struggling with finance.
Financial instability is caused by lack of proper management of finance due to one reason or the other. Most time spend extravagantly because they have multiple stream of income forgetting that the stream may dey up some day, and the amount generated from the stream would have become a bed Rock by investing from it. Many also want to start enjoying the fruit of there labour while the fruit needs to be planted. After eating the fruit which would have been planted to bear doth fruit they end up not having a fruit or a tree that will bear a fruit to eat. That's is what makes many people go broke. Because of not knowing the right time to strike.

When you see a rich man who suddenly becomes poor or an average man who never grew above his current financial state, it's basically because they possibly weren't accountable for the money that was coming into their hands.
Yes. any money that comes to a man's hand should supposed to be a slave to work out another money. Money is like a stranger, if not properly handle with care in the first visit, next time it will not come any close.