Steemit Engagement Challenge - S12W1 | "Finance and Me"

Greetings everyone and welcome to my entry for the Finance and Me contest by the steem4nigeria community. In life, there is Finance and then there is all of us so I hope you get to enjoy what you see.

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How do you view finance

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Finance is a compound term that encloses several fields relating to various aspects of money such as assets, liabilities, and investments. However, in my perspective of things, I see finance as the creation and management of wealth ranging from money, investments, and assets.

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Do you have all you need or are you facing difficulties, What are you not able to accomplish due to finance Mention 3 of them.

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In life, I have come to learn that human needs are limitless, that is, it's insatiable. We always want better in every aspect of it, hence, when we achieve one need, we create another. But as much as life itself is insatiable as it's not a constant phenomenon, I can say I have the basic amenities I need to live and carry out my day-to-day activities which is a plus to me.

Edited using Pixellab

Financially, I have been restricted to making a lot of difficult decisions, but in all, I would say I live my life based on the philosophy of Contentment. Knowing fully well I don't have everything but happy I have what I need to survive the day.

However, due to these financial restrictions, I've been faced with a few underachieved goals, such as;

1. Completing my apartment project which I started a year ago.
2. Furthering my education in Chemistry abroad as chemistry is not very much appreciated in this part of the world.
3. Being a beacon of hope to my immediate family, that is someone they can count on for help in times of need.

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What can you do to be able to wisely manage what you have in the meantime?

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To manage my limited finances effectively, I try to live a life of contentment within my income limits. Of course, you can't be spending above what you earn if you want to grow your finances or even manage the ones you have.

In doing so, I've learned to spend on my basic needs rather than my wants, putting a scale of preference in all my spending, which helps me cut down my wishful spending. Yes, I may need new clothes, but then I need to be alive to wear them so food comes first, this is the idea of the scale of preference.

Again, the most effective way to manage finances is by having a good investment that brings you good returns, and if that's not possible, there is saving a little out of whatever you are earning, which I also try to do the latter.

I indulge in the habit of saving a percentage of all my monthly income, to be effective at it, I joined a cooperative which helps me deduce and save the required percentage of my income even before I receive the remaining balance.

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Who do you run to for help in times of financial need?

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I am someone who has lived an independent life for as long as I can remember, hence I have come to learn to survive and strive on my own be it financially or in life generally.

Edited using Pixellab

This means I try not to run to anyone for anything in any case, I feel like a burden to the ones I run to, however, there are those people who are always welcoming to run to which we all know as Family. To this effect, if things get out of hand, I go to my family (my Dad, Mum and Big sister) for support.

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I would like to invite @ruthjoe, @ninapenda, @ikwal, and @suboohi.

Thank You for your Time

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NOTE: Always have a smile on your face, as you are never fully dressed without one.