See reasons why your debts keep growing, and helpful solutions

Nigeria Money, Nigeria Banks and Banking, Stocks and Forex, Nigerian Stock Market, Currencies, Loans And Related Topics
Comment
User avatar
Jegz
Senior
Location: Naija
 

January 15th, 2022, 9:53 am

debt free.jpg
We all owe sometimes. College credit, credit card, et cetera. But we all yearn to get out of debt. Debts have impacts. They cost more, also, bad credit score has negative impacts. And owing has a way of affecting reputation, peace of mind and financial sanity.

Below are 6 possible reasons why your debts are not going away contrary to your desires, and some simple suggestions to get them resolved.

You keep owing more and more maybe because...

1. They're larger than you thought
One critical step needed for getting out of debt is to really ascertain how exposed you are in real numbers. If you don't know how bad it is, then there's high likelihood your approach will not be well suited and all efforts may fail. So, you must really work with pen and paper and list out how much you really owe and to whom! And also state out the normal monthly rentals and interest rates. With accurate knowledge of these, you can then have idea if your strategy is well suited for this scenario or you need to restrategize.

2. You have not changed
Some factors or lifestyles brought you this far in the debt cage. A popular saying is:
Its only a fool who would continue doing the same thing the same way and with same attitude but expect a different result!
If your attitude and lifestyles that threw you into debt are still ongoing, then don't expect differently. Some things need to change so that results or outcomes can also change. In effect, you need to change many things about your life so that positive impacts can be expected in your financial status.

Be more prudent, avoid ostentatious lifestyle and much more other ideas.

3. You're still not earning more
Thing is, everything is getting costly more and more. Inflation has made money worth less. So, if you are still stuck with only one source of income that keeps paying you same thing for a long time, then you're into the debt cage for a long time.

Fact: You need to earn more. And there are many ways to achieve this - alternative streams of income, asking for pay raise, or renegotiating salary, changing job for better, and more. Please tailor these suggestions to your specific circumstance.

4. You still can't tell assets from liabilities
If you still don't know the difference, then you still need come more financial education. At this stage when you need to get out of debt, vital is the knowledge to tell assets from liabilities. Assets will earn you more value while liabilities will cost you more fortune. Now is the critical time to not only know what assets are, but to focus on accumulating them over liabilities.

5. You still don't budget before spending
If by now you still don't plan your spending with tight budgeting, then you are the architect of your own misfortune. Being in debt shows clearly you don't earn enough, thats is you have limited money to cater for your obligations.

Now honestly is not the time to spend mindlessly without proper planning. Every penny you earn now needs to be applied most wisely. You need to plan with a budget how each penny will be used. Failure to do this will lead you to owe more because your little means will be misapplied and your debts will keep growing. PLAN! BUDGET!

6. You developed, or still have, bad habits
Some outrightly financially bad habits may have even contributed to your current debt woes. Or, in a bid to get out of your current situations, you have developed or gotten involved in some financially bad habits that instead of helping have worsened your situation. Now is the time to take caution. Here are a few: gambling, drunkenness, drugs, more borrowings and very risky investments. :thumbdown:

All these will most likely worsen the situation. Now is the time to clear your head and know what you are doing.

CONCLUSION
Anyone can owe. But when you're owing too much, you'll know. Working on the above 6 areas alone will lighten your burden big time! Pay greater attention to EARNING MORE and GETTING RID OF BAD MONEY HABITS. These will help in your current predicament.

Good luck! :peaceout:

(c) eBanka.ng

Please share...

"Many of us are not living our dreams simply because we are busy living our fears" - Les Brown
User avatar
Sally
Senior
Location: Kaduna
 

January 21st, 2022, 11:34 am

Nice thanks
http://www.facebook.com/eddiong.cletus chat me on fb
Zeruzandah
Junior
 

February 6th, 2022, 4:52 pm

*¶¶¶+2348034806218¶¶¶ Welcome to the home of wealth and fame.*



Many have seek for wealth and it’s quiet a thing of pity [+2348034806218] that some do so in wrong places which made it doubtful of the true source and it is at this juncture that i approach you with the right source of wealth which you have really seek for. ZERUZANDAH BROTHERHOOD OCCULT is an association of those that has been blessed by Lord Lucifer zeruzandah the great and have decided to educate the masses on the possible ways of acquiring the wealth, power,protection fame and every other thing you could think of without human sacrifice. Gone are the days when human blood are required for sacrifice here at zeruzandah Brotherhood, human blood sacrifice has been abolished because the money you are seeking for should be used to help and sponsor your loved ones but you have to have it at the back of your mind that there is a very great sacrifice which you must pay to pierce the heart of the spiritual world so that you can be blessed here on human Earth and that sacrifice will be according to what zeruzandah wants you to do which the Grandmaster of this temple will tell you when you’ve been in contact with him. Here at zeruzandah Brotherhood we only demand some sacrificial items and some special animal blood for sacrifice in order to please the Lord Lucifer to bless you here on Earth. If anyone from anywhere tells you that we accept anything money from you in order for you to be initiated into this Brotherhood, inform the TEMPLE GRANDMASTER +2348034806218 zeruzandah Brotherhood do not accept any money from you except you are the one to fund your sacrificial items. Contact the temple Grandmaster at +2348034806218

Spiritual grandmaster of ZERUZANDAH BROTHERHOOD +2348034806218

I WANT TO JOIN SECRET OCCULT FOR MONEY RITUALS IN NIGERIA OR GHANA TO BE RICH AND TO MAKE MONEY, WITH NO HUMAN SACRIFICE OR BLOODSHED CALL +2348034806218 FOR YOUR BUSINESS SUCCESS TO WIN ELECTIONS TO BE FAMOUS AND POWERFUL,

The ZERUZANDAH Brotherhood is a spiritual fraternal society whose aims are the cultivation of Inner Power through the study and practice of esoteric arts for the improvement of body, mind and spirit.

It unites its members in brotherhood and in the quest for wisdom, successful living and finding one’s purpose in life. It has no secret agenda .While it is a deeply spiritual organization, it promote a particular religion or belief.

The Brotherhood transmits an esoteric tradition spanning thousands of years, with a universal vision born in the East and embracing the best of the West in the quest to return to the ancient and original Tao or Source of all wisdom.

WELCOME TO ZERUZANDAH BROTHERHOOD,

The Club of the Rich and Famous; is the world oldest and largest fraternity made up of 3 Millions Members. We are one Family under one father who is the Supreme Being. In ZERUZANDAH OCCULT Brotherhood we believe that we were born in paradise and no member should struggle in this world. Hence all our new members are given Money, Wealth,Fame , Power ETC.

Fear and anxiety has drawn so many people back to unfulfilled dreams and make their quest for wealth and power shambled, it is thing of fact that money ritual Occult is not and can never be a sin because Occult is still a religion despite what ever others are thinking and zeruzandah Brotherhood is here to give life to that dead hope of acquiring your desired wealth,fame and power without human sacrifice. Contact the Spiritual Grandmaster of ZERUZANDAH Brotherhood now at +2348034806218.

The wealth of this life goes to those who deserve and desire it by their decision of breaking the wicked chain of poverty. It is actually a thing of fact that poverty is real and it’s not your fault that it exists but however will be your fault and greatest mistake if you allow poverty to exist in your life because of fear. Only the brave makes the move to liberate himself from humiliating nature of poverty…

+2348034806218

You can be rich, wealthy, famous etc without human blood@ZERUZANDAH BROTHERHOOD contact the Spiritual Grandmaster now +2348034806218

The desire to remove the garment of poverty rest on your shoulder and I will advise you do so now by being an initiated member of zeruzandah Brotherhood.

For enquires, contact the Spiritual Grandmaster now@ +2348034806218.

The men of the world can only see within the limit of the eye and the things of the spirit are meant for the spirit to see. You can never be that wealthy,rich and famous without controlling the Spiritual wealth and fame that Lucifer the Great Spiritual father offers to those who are humble to him. You have been admiring the wealthy people around you and wish to be so wealthy or more than they do but you are yet to discover the Secret of WEALTH. There so many things known by the rich and the wealthy which the poor don’t know and don’t want to know because of their unnecessary fear. The secret to what you seek is to join a secret occult society.

Call now for enquiries +2348034806218.
dominique14
Newbie
 

July 24th, 2022, 2:31 pm

We provide tracking numbers as soon
as delivery is in progress. Face-to-face meetings for bulk and regular clients. We supply
counterfeit pounds at the best rates ever. Our Fake Euros are top quality. The best currency to
counterfeit by us is the GBP, EUR, and USA dollars. We put all the security features like holograms, lifted
prints, and watermarks on all our counterfeit banknotes.

Website ... www.fastcounterfeitssdhome.com
Whatsapp ... +4915213086893
sammyhayyy
Newbie
 

October 17th, 2022, 1:20 pm

Have you heard about the Best nigeria entertainment website for valid news, entertainment and gists with forum
best nigeria forum for valid discussions in Nigeria
Free nigeria whatsapp group link

There is also this place where you can download movies for free and upload your video to make money per video views
larrykinkin
Newbie
 

October 19th, 2022, 9:25 am

https://collectablewhiski.com/product/m ... edition-1/

Macallan Edition 1 is the debut expression in the Edition Series. It celebrates The Macallan’s unparalleled oak cask management policy that oversees the entire process from wood sourcing to finished, seasoned, cask. Showcasing the influence of The Macallan’s exceptional oak casks in the flavor of the whisky, the result is a bold single malt drawn from eight of the finest European and American oak cask styles and sizes. Macallan Edition Sherry-seasoned and aged to perfection before being combined to create this rich and multidimensional whisky, the character of each cask style lives within the whisky itself.

Bottled at 48%, Macallan Edition No. 1 Made from a mix of sherry and bourbon oak-matured whisky, the luxurious dram is equal parts sweet and spicy, with hints of coffee beans, cocoa, and dried fruit. Nectarean in every regard.
Comment
  • See also...
    Comments
    Views
    Last post
  • Information
  • Online

    Users browsing this section: No members and 0 guests