TEENAGERS AND YOUTHS DAILY TIPS FOR LIVING:

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To understand is to acquire knowledge and have the ability to stand on what you already know to effect the impact you desire for your generation. 


This is possible when you have an encounter with light that is beyond human ideology or perception, as a youth; create an atmosphere for yourself that the world will reckoned with you per time. 


Therefore, today we shall explore on an aspect of becoming physically rich or wealth by your daily earnings and savings too, this secrets you are about to be exposed to is one of the ways you can become financially free. 


We shall look at the life of a taxi driver who has his car on heir purchase. For instance, he is to pay a total of ₦1,500, 000.00 (one million five hundred thousand naira) we are using Nigeria currency for our illustration today, the owner of the said vehicle wants the above as his balance and carry refund and income too.


More so, as the driver you make at least ₦15,000.00 (Fifteen thousand naira) each day. Let's assume you balance ₦5,000.00 (five thousand naira) everyday i.e five working days in a week, meaning you pay ₦25,000.00 (Twenty five thousand naira only) to the owner of the vehicle on a weekly basis depending on your agreement of payment.


Interestingly, you start your personal savings for at least ₦4,000.00 (Four thousand naira) everyday in a week adding Saturdays and Sundays to yours because in most cases taxi do more weekends.


So, for seven days in a week, if you have your calculator there just type ₦4,000.00×7= ₦28,000.00 the above is your savings for just the first week.


Remember, you still have a balance of ₦6,000.00 after daily removal of both your savings and the amount your savings balance the owner. The six thousand naira can be used as seen in the break down below:


A. Car maintenance: ₦2,000.00


B. Food/Provisions at home: ₦2,500.00


C. Savings for house rent: ₦500.00


D. Logistics: ₦500.00


E. Pocket money: ₦500


Totaling six thousand naira you have.


Importantly, if you can discipline and caution yourself as a taxi man or woman then in one year for just your savings you must have gathered as much as you least expect. See the analysis below for promote knowledge.


1. In one year to the owner of the car you are currently using, if you consistently follow my financial prescriptions here you must have paid the sum of ₦1,825,000.00 this means before one year you have balance the ₦1,500,000.00 already with you have an extra for your savings. Meaning you have a balance of ₦325,000.00 for yourself after completely balancing for the taxi.


2. Your personal savings on the other hand will amount to ₦1,460,000.00 i.e ₦4,000×365days. 


Finally, in less than one year, you would have made ₦1,785,000.00 (one million, seven hundred and eighty five thousand naira only) all this you achieve in less than one year, so imagine doing this financial principles for five years, which means you will get even more. 


We shall stop here today. Please ensure you carefully go through the teaching for your financial explosions to happen.


You are next in line for excellence and prominence with the needed knowledge applied in this season. 


ASSIGNMENT:


A. Learn to save your income on a daily basis.


B. Discipline and consistency makes you wealthy and helps you to sustain or maintain the wealth acquired.


C. You can't be rich or wealthy if you are not financially disciplined. Take practical step now. 


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