Steem4nigeria Weekly Contest :- My Financial Recap for the last 7 Days |#burnsteem25 by @sikan-eyen
Needs and man are inseperable, as long as we are living, these needs must always arise...
So basically, i try to cut my suit according to my size in management and keep track of my spending for review purposes.
I have chosen 7 days for a recap of my finances starting from the 27th day May to 2nd June, 2022.
The things i spent on during this 7 days was :
Toiletries
Hair products, &
Feed items
For clarity sake, i have made these items more practical using the table below, it includes items, price in Nigerian currency (Naira),and the estimated worth in STEEM:
ITEM/EXPENSES | PRICE IN NAIRA | WORTH IN STEEM |
---|---|---|
![]() | 150 | 0.966 STEEM |
![]() | 220 | 1.416 STEEM |
![]() | 350 | 2.3 STEEM |
![]() | 800 | 5.14 STEEM |
![]() | 450 | 2.9 STEEM |
![]() | 1,200 | 7.8 STEEM |
![]() | 250 | 1.6 STEEM |
![]() | 1,700 | 11 STEEM |
![]() | 1, 000 | 6.5 STEEM |
Airtime recharge | 1,000 | 6.5 STEEM |
TOTAL | 5,120 | 43.822 STEEM |
I got these items during these period just within my neighbourhood, there are a thousand stores within trekkable distances so i didn't use transportation and i have been indoors too.
Unfortunately, i have regrets as i went pass my budget, this was the initial list for the week i wrote out:
But as the days rolled out i had to spend on other products too i didn't actually budget for, like the hair products and handcream.
I have learned and think it is wise to always stick to my budget so that i do not lack later on because as it is right now i am short of money because of my out-of-the-line spending.
So it a positive one for me, in the future i will do better by managing my finances more effectively.
I hope you learnt a thing or two too.
25% has been set to @null to burn steem
😀 It's funny how you write your budget on paper, but in the end, you still went beyond it. In a case like this what I do is I take the exact amount to spend to avoid interest in other goods which were not budgeted
Hahaha, i know right? I see that is a wise method, i should adopt, thank you.
I love that method of Writing your budget on the sheet of paper dear, to it's the best ooooh, because it's help you to focus when ever you are at the market.
Best of luck.
I wrote it down o but still lost focus, it is well, thanks for reading.
You are welcome 😊
Wonderful post my friend keep it up
What a beautiful write up you have made. I have explained your financial recap in detail, and i really have enjoyed reading every bit of it. I encourage you to continue posting beautiful articles like this. Goodluck.
It is my utmost pleasure my dear, i try to do my best and learning from others too, thank you so much, i do appreciate your feedback.
You are welcome