Shock Absorbers.
Dear Young Man, learn financial management from women. Women are very protective of their resources and you should be too.
There is a reason “Your money is our money and my money is my money” is their mantra.
As a man, you are judged by everyone by your ability to provide. And a lot about this is tied to your bank account, your skillset and your potentials.
If you are starting out in life with limited resources, the best way to avoid going broke is to spend less than you earn.
Women know this. And that is why most of them seem to have inexhaustible resources, compared to men.
While you are ordering food online and booking Uber for your girlfriends and talking stages, women are cooking their own meals, collecting transport fares and generally spending less and less.
While you are gambling away your salary, hoping to hit the jackpot, women know this is wastage and stay away.
They put aside money, regularly. Many have monies sitting in the bank, untouched.
Learn from them.
Cook your own meals. It is healthier and will save you tons of money.
Don’t gamble, no matter under which guise or guarantees.
Remember, money is hard to make.
Guard it like you will guard your life because many have died just because they couldn’t come up with resources to attend to a medical emergency.
When you are able to consistently put aside money, you can educate yourself on safe ways of investing.
There are tons of free resources out there on YouTube. Learn about stocks, mutual funds and compounding your resources over time.
Keep working on increasing your skillset and earning power.
Earning more should not translate to having more money to womanise or lavish.
Earning more should mean having more disposable income you can put away and invest for the rough times, because they will come.
People fall sick. People get laid off. Loved ones die and you are faced with a burial and extra responsibility.
Build a financial shock absorber, when the going is good, to ensure that you are not crushed by any of these life happenings.
Don’t spend money in a bid to impress strangers.
The people that matter in your life — your family and close friends — know you and love you. They are already impressed by you.
Start saving money like a woman today.
Your future self will thank you for it.