BECOMING A FINANCIALLY STABLE YOUTH.

As the only boy in a family of five, Oladapo enjoyed wholesome benefits of being the only son in the family. He had what he wanted at the snap of his fingers from his parents and even over joyous relatives far and near extended their kind hand of gestures by providing so many material things mostly money to him.

He enjoyed and had a nice time growing up even to his youthful age. Hardly did he ever think that the hands of time may change to the extent that the whole happy scene of his might be put to a halt someday. At his early 20’s, his parents began to experience hard times financially and even the relatives who exchange hands of kind gestures with him began to withdraw speedily. At a time, everything came to a standstill that he hardly was able to survive the hard times.

You see, I know you wouldn’t want to be in Oladapo’s shoes because the happy times all ended in a very ugly manner. Come to think of it, assuming Oladapo had established the art of saving, he wouldn’t have fallen into this kind of situation. You know, growing up as a child to the adolescent and up to the youthful age, you experience so many gestures ranging from material things such as money, gifts and so on. It is expected that parts and if not all of these should be saved well because you never can tell what kind of situation would warrant this act of yours.

Becoming a financially stable youth starts from the very tender age and the only key to realizing this is inculcating and establishing the art of saving in yourself. It doesn’t matter if you had age long shied from the art of saving. You could start now.

There are so many benefits attached to this act which ranges from;

Ø Living a financially stable life after a degree at the university during the period when you are in the search for a job.

Ø Living a well planned and successful future when the whole lot after years of saving is being invested in the purchase of shares and securities which could serve as a means of quarterly or yearly income for you.

Ø Earning a living by establishing a business of your own where the whole lot being saved could be added to support the capital you want to use to start.

Ø Serving as an added supplement to your financial upkeep in school in case your parent’s financial status turns poor.

Ø Making you reduce your spending habits by adopting the scale of preference approach.

Ø Helping you develop managerial skill as this would later in future contribute immensely to your financial life.

These and many more benefits can be derived only if you embrace the art of saving because those who have lived or are living a financially stable life as youths made sacrifices and the art of saving is one.