Monday 3 July 2017

Monday Money with angel - What have I done with my money?

When you talk of finance people think more of Government and firms. People don't often pay much attention to Personal finance. We are always keen with when will Government sign Appropriation bill into law. Hope you are that keen with your finances too? We are always interested in accountability and transparency of public fund. Are you that interested in your personal finances too?

Then you are about to ask whether it matters for you to be accountable and transparent to yourself   after all it is your money not mine. Really, it is your money and you owe yourself accountability and transparency. Hence, in a little while you will be asking yourself what have I done with my money? Just like you would have suggested for erring public officers who couldn't account for public funds; drag yourself to EFCC too.

If you really take yourself through a personal probe panel often time you would have probably convicted yourself without trial for misappropriation and reckless spending. Hences, you do personal plea bargain and release yourself on bail. This continue day in - day out and reckless spending becomes part of you. Instead of double checking your financial templates, you then take solace in loan and other credit facilities.

In a long run you would have had a status which is not self-sustained and you will want to maintain it at all cost. So, you take more loans and instead of paying your debts you end up financing your debts. Instead of you to be ashamed of being a debtor you will become proud of yourself for being a patriotic citizen whose nation is indebted to International lenders.


Hence, can you please manage your finances as you would have advised our public office holders?

.angel
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