I’m always broke
Dear Auntie Nangy, I am a working man, but I struggle to manage my fi nances. When I get paid I withdraw too much in just one week. I use the money for drinking beer and eating nice food at work. What can I do to stop this bad thing? I want to help my family, but when they ask me for money, I never have any and this causes them to disrespect me.
You need to draw up a budget that you must stick to. Believe me, it takes a lot of discipline, but in the end it is worth it. Make a list of all your expenses and pay them first. Then see what you have left and save a fixed amount of money every month. Make sure that you set aside a certain amount that you can spend on yourself. Discipline yourself to only use this amount and nothing more. Looking after your money and learning to be in charge of your finances is very important. You can do it by not spending recklessly on beers on beers for ladies and your friends. In fact, stay away from shebeens and other drinking holes during the first week or two after payday. This is half the battle won already!