When you receive that monthly cheque you become excited that you spend it on everything you have been craving to get.
No sooner you had received your salary than you got broke;
some of the things we spend money on are not as important.
Different people define success differently; there are times one gets so broke that they are unable to provide for themselves.
The habits that we adopt in life are a hindrance to our success; if you avoid these particular points there is a chance that you will be successful.
We will break down the reasons why you may be broke; here is a list ;
• Who are your friends
The people you hang around and keep as friends will say much about your future.
When you have friends that aren't aware of what they want to achieve in life or have any plans will mess you up.
Get friends who know how to manage their money; if your friends don't inspire you to be the best version of yourself, just leave!
• Who is your husband/wife?
The person that you plan to spend the rest of your life with should be someone that has the same financial goals as you.
If you are religious, the bible says that you should be careful who you marry as they should be the person who shows how you will invest your money wisely.
Pick your partner carefully and ensure that they have the same vision as you.
• Divorce
When you get married to the wrong person chances are that you are better off without one another.
One thing about divorce is you'll be happy and contented finally but the cost is very expensive; to pay a lawyer and split half of your fortune with them
Ensure to marry someone that you hope to see yourself with for the rest of your life.
• No plan
Ensure to have a plan on how to spend your money; financial literacy is important.
If you want to be successful, having a plan written down will enable you to have financial freedom.
Most people have no clue about how they spend their money; this is due to a lack of a plan; having a good plan will assure you financial freedom.
• Lack of balance
When you lack the balance of what is a basic need to you and spend money as you feel, it will make you go broke.
One should have a rough idea of what they would like to spend their money on.
If your expenses are high you will need to live within your means to survive or rather not go broke.
Why street model Lupita NyaKisumo has left Nairobians mesmerized