providing everyone everywhere with
Fundall is providing everyone everywhere
with an e
find cosystem necessary for building wealth, growing businesses and living
sustainable lifestyles.
There is a disturbing trend about the rising
number of
house Nigerians especially among young entrepreneurs/youths that are
classified as bankrupt or broke.
It may interest you to know
that most of these people are earning income in form of transfer payments such
as pocket monies, gifts, direct/ indirect labour income regardless of how
little this
business amount might be.
The basic reason for this trend can be
easily linked to impulse buying (buying what you don’t need) which is often
caused by peer pressures, celebrity influence and the bandwagon effect.
These social trends have made many youths
bite more than they can chew and has resulted in many of them suffering
financial depressions and setbacks.
However, creating a budget as a millennial
can help you reach your personal goals such as studying abroad, writing
professional exams, vacations and even remain better prepared for emergencies,
stay out of debt, keep accurate and up-to-date records of your finances,
prepare to begin thinking about longer-term financial planning and above all
pool much more money in savings and investment towards achieving financial
freedom.
Here are some recommended
Budgeting Categories & Percentages:
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