MY REGRETS ON POOR FINACIAL DECISIONS.
(picture from me)
Good Evening Everyone. It's my first time engaging in #hivenaija and also my first time engaging in #hivenaijaweeklyprompt. This week's prompt is really interesting because i can fully relate with it hence my reason for participating.
There are many times in my life i have regretted making poor financial decisions. Mostly everyone is a victim of this. We spend more than we invest and most times we tend to invest wrongly and i have been a great victim.
Making poor financial decisions leads to restlessness and worries which could affect one's health leading to high blood pressure. Many people who would have gone far in life have been brought to the lowest because of poor financial decision and as such it will lead to worries, discomfort and running into debt.
Spending wisely is good and helpful and also investing wisely will help you maintain healthy financial decisions.
I was a victim of Poor Financial decisions when i had access to money from my workplace. I was opportuned to work in one of the biggest Diagnostic centre as at 2019 and we had prominent people as our client and Tips were given at each services and patronage which gave me access to good cash. But instead of using the money to invest or spending it wisely, i was always spending my money majorly on food: Always visiting Eateries daily, giving out money without even thinking twice. When i finally left the Job i was sad and unhappy that i had nothing with me. I was regretting and even having much ideas on things i would have invested the money on or should have spent on but it was too late.
Also in the aspect of investing wisely, it is paramount to ask questions before investing. Get to talk to financially minded people so they can influence your decisions. Do not just jump on investing, Sit down learn about the investment before indulging into it.
I was opportuned to venture into a business just to invest my money. I didnt sit to learn about the rudiments of the business i only ventured into it by what i heard about the business that was another regret because two months into the business i have suffered Great losses that has cost me ill health, Worries, discomforts and all that.
So i would say Before spending make sure you sit, make a budget so as to enable you choose wisely the things to spend on also helps you to keep records on your expenditure. In Investing, self control is crucial. Do not invest because you have the money to invest, seek financial counsel from financially -minded people. Ask Questions before you invest.
These are a few of my finacial recklessness which has kept me stunted till now. However,with the experiences i have accumulated, i believe that whenever i have the finances to invest i will never be a victim of financial recklessness.
I also believe that other people can learn from my mistakes.
Thanks for stopping by my Blog.
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You made the decision yourself, so you can't say you were victim of poor financial decisions. You were victim of your own self.