By Malisa Pure
Gone are days where the youths are counted out from the risk and dividends of financial management and mismanagement.
It becomes very pertinent as parents, to also train their children to grow up to be responsible as a adult can never exhibit character he or she does not posses.
The bible also made reference to that, “Train up a child in the way he should go: and when he is old, he will not depart from it.”– Proverb 26:6
Therefore, expectations are that responsible adult exhibit the trainings of their youth so this prompt our move to check up on the opinion of the youths of this century as what you sow, you will surely reap.
Follow us as we interact with our first youth, Favour Dubon from River state who found financial management as a very key point in every youth’s life, let’s hear him out.
What can you say about the state of your finances last year; mismanaged with losses or increased with profit…
Thank you so much for this great privilege, I would say that mine increased greatly with profit as a result of special measures I put in place to sponsor sustainability as far as financial prosperity is concerned.
Do you have any better option in building your income this year to avoid losses…
Yes, in the aspect of financial management I would say that setting up a monthly budget and discipline myself to stick to it will go a long way to avert financial mismanagement and very adjustable to suit emergencies that may arise.
Then in terms of pursuit for more income, the plan is to know my niche build it and look out for strategies on how to meet it effectively and this will sponsor an amazing flow as a youth this year.
What are your plans concerning financial development and management
as a youth this year…
Concerning my financial development and management, my plan is to be able to sensitize my fellow youths on the importance of financial development and management as finances are quite important to run diverse affairs in this our time.
What will be your advice to other youths on the benefit of finance management to youths…
Alright, my advice to all youths would be to get a monthly budget that works for them in order for them not to over spend, secondly they should read vastly books on finance management which will open their eyes to strategies that will help them to be free from financial brokenness and lastly, they shouldn’t ignore God factor as He is the one who giveth the power to make wealth and sustaineth it.
Thank you so much for this great privilege, God bless you.
Godwin Joseph Charlie
Still on the matter of Youth Financial Management, let’s hear Godwin Joseph Charlie from Akwa Ibom state who believe in making profit as core financial management style.
What can you say about the state of your finances last year; mismanaged with losses or increased with profit…
I would say, increased in profit
Do you have a better option to build your income instead of losses this year…
Oh yes! I do.
What are your plans concerning financial development and management for youths this year… None actually
What will be your advice to other youths on the benefit finance management to youths…
I don’t think I have any.
Abishai Daniel
It is not all youths that actually understand the need for financial management but let’s listen to this youth on his view about Financial Management.
Here is Abishai Daniel from Akwa-Ibom
What can you say about the state of your finances last year; mismanaged with losses or increased with profit…
It has been same as ever, no profit nor loss.
Apart from your initial plan, do you have a better option to build your income instead of losses this year… Yes I do.
What will be your advice to other youths on the benefit finance management to youths…
We do not live our lives for ourselves only. Our well managed Finance gives us the luxury of helping others.
Adetutu Rachael Ajayi
However, Adetutu Rachael Ajayi from Osun state maintained that last year was successful for her finance
What can you say about the state of your finances last year… Well managed with great profits.
Do you have a better option build your income instead of losses this year…
Yes I have! I have decided to start saving again because I tried it last year and it worked for me.
What are your plans concerning financial development and management for youths this year…
My plan is just to cultivate the habit of saving, though it might not be that easy but if I can be diligent enough with it then I see how significant saving of cash into either a piggy bank or savings account will be at the end of the year.
What will be your advice to other youths on the benefits of financial management to youths…
I will advice my fellow youths to learn how to be financially prudent because we are never too young to start a business or investment with our savings, and it’s good to start early.
Infact, we should make it a challenge to start this February and we will be amazed at how much we have saved at the end of the year.
Ehas Goody
We decided to check up on Ehas Goody who hail from Edo State and his opinion will give you a waoh!, follow us as we interact with him
What can you say about the state of your finances last year; mismanaged with losses or increased with profit…
My finance last year was very flexible. I’m Elon Musk one day and the next day I’m empty. I wouldn’t say I made much profit but I am pretty sure I saved lots of money. Money enough to keep me on line for the coming months.
Apart from your initial plan, do you have a better option to build your income to avoid losses this year… This year, I definitely have some good idea of profiting.
What are your suggestions concerning financial development and management as a youth this year…
My suggestion this year concerning financial development and management is simply for the youths to be involved in investments, jobs creation and savings system.
For financial development, these three strategies are best. Imagine a state were jobs creation is so much emphasized. More companies, industries, schools and hospitals are built not just for the products but for employments. Imagine a nation were investments are made strategic not just in this country but outside countries too. Imagine a country were there are systems set up for savings. Youths will surely grow in finance because thats a surety that the finance of youth will double and be well managed.
As for the management of the finance, I will start with this saying, “whatever starts the process can sustain it.” Yes, if we use the same three strategies we can yet manage the finance. Good training of leaders and workers is key for management and sustainence. It promotes good leaders and effective workers that allows for better management.
What will be your advice to other youths on the benefit finance management to youths…
I will advise the youths that, nothing is easy to get, yet everything is here. Money is here, finance is here. Management brings them to us.
My advice will be that finance management is key for financial development and success.
Seek self growth for management, we dont need to be chasing finance all we need is to grow in knowledge and skills.
Gift Ntuk
On a final note, Gift Ntuk from Akwaibom decided pour out her heart as her finances got sour last year, hear her side of the story.
What can you say about the state of your finances last year…It was not managed well and had losses.
Do you have a better option on how to build your income instead of losses this year, 2021… Yes I do! I am going to utilize investment platforms and save more.
What are your plans concerning financial development and management as a youth this year 2022…
Well! I will try to save up one tenth of every income recieved and Invest my savings into businesses that would in turn up more income and try to pay your my tithe often.
What will be your advice to other youths on the benefits of finance management...
As we already know, healthy finance gives one the confidence to live your life the way you wish. Infact, Intentional/constructive financial management is the very key to securing financial freedom and a good future for you and yours.