IT DOESN'T MAKE MONEY SENSE!

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IT DOESN'T MAKE MONEY SENSE!
You are poor and you one day hope to be rich.

Or maybe you are middle class, and hope to one day become rich.

Or maybe you are even rich already, and you are just looking to properly manage your wealth.

And so you want to do the right things with money, so you don't face financial consequences.

Have you heard of 'money sense?'

Money sense is a branch of common sense that deals with using your sense in matters of money.

For instance, Micheal is a young Nigerian man, who wants to get rich.

He is currently in the middle class.

As a middle class person, he has a pretty comfortable life.

Micheal current phone gets old, and he wants to replace it with a new phone.

Micheal has 600 thousand naira, but he wants an iPhone that costs 1.1 million naira.

Since Micheal doesn't have the 1.1 million naira to buy the phone, he goes ahead to think of how to borrow the extra 500k he needs.

Michael approaches Austin his friend, to lend him the 500k so he could add it to the 600k he already has, rounding it up to 1.1 million so he can buy the desired iPhone.

Austin asks Michael if Michael would use the 1.1 million naira phone for business, or any profit generating venture.

Micheal says no, that he just wants to have the phone so he could use it to impress the people in his environment.

Please people, judge for yourself.

Does Michael have money sense?

Of course, he doesn't.

Micheal is very low on money sense, and would soon go very broke, if care is not taken.

Well, Austin finally taught Micheal about money sense, and refused to give him the loan, asking him to rather use the 600k he has to but a phone that can serve his needs.

What is money sense?

Money sense is your ability to use common sense when matters of money are being discussed.

Yes, a lot of people lack it.

When it comes to the subject of money, a lot of people are emotional.

"But how will my guys see me if I'm the only one among them that doesn't have an iPhone?"

That is a question asked by people low on money sense.

"How will all my friends have this type of wig and I won't have it?"

This is a symptom of low money sense.

You need financial education on the area of using common sense to think when making money decisions.

Use your common sense!...
My Last Counsel; If you desire wealth Then that means you want money to work for you. That means you NEED money to work for you. That means you must understand how money works. That means you need to invest your money.

Money is not a reward for spirituality, morality., giving, tithing or religious activity.

Money is a reward for the creation and delivery of value.
The cure for poverty is value creation which attracts riches.



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Money sense is a branch of common sense. New lesson learned today oooooo.

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I have been asked this question severally why am I the only one without an iPhone? but do I even care the question is no I have my common money sense. When the time is right I will definitely get one. Nice content sir

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