The Importance of a Financial Healthy Situation
The current economic and financial state of the world is not exactly sustainable. In fact, it’s quite the opposite. With the depletion of resources and the ever-increasing cost of living, it’s more important than ever to find ways to improve your financial situation.
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In addition, it’s important to take care of your finances in order to not only provide for your own needs but also to be able to provide for others in your life. The most important thing that you can do to improve your financial situation is to create a budget and stick to it.
A healthy financial situation is essential to living a happy and healthy life. Without one, it is hard to focus on the positive and have a good time. This is because you are always worried about what is going to happen next.
You need to know that you have the money to pay your bills, the money to save, and the money to pursue your dreams. Not having a healthy financial situation can cause a lot of stress and anxiety which can even lead to depression as well.
There are a lot of ways to have a healthy financial situation. It starts with having a budget and saving money. You should also make sure that you are taking advantage of all the opportunities that are available to you.
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Check out the last post from @hivebuzz:
...and save money, nice. But my bro would always say, ''na who get money dey save''.
Now, its not like I want to contradict you(your post is great by the way). However, I have a conflicting thoughts about savings that I would your opinion on.
A friend once told me that, I shouldn't try to save, when I am barely getting enough. His point was just that, as students that mostly get all our fundings from our parents(on a rare basis by the way), can't see shishi to save. And me that is trying to follow the ''healthy financial rule'', would now begin to save the little I get(because the money is definitely not enough), abandoning the important stuffs(like sch's handout) I budgeted to use the money for.
So @Emeka4, how do you advice someone to balance this equation?
The idea of saving when barely having an income would be difficult because there's no source of income to rely on. The idea of saving requires planning for the future which means it is important to do so for things needed to be solved financially and this can be possible when you have an income steady to rely on.
Students lifestyle is a different scenario because they are not working and would definitely need money all d time.
Smiles, your points are making sense. Grácias!