“It Is Possible To Turn Your Financial Life Around” – Learn From Finance Expert, Nimi Akinkugbe, Founder and CEO of Bestman Games

Nimi Akinkugbe the Founder and CEO of Bestman Games, who is a personal finance expert, states possible reasons which may be affecting your finance, managing your money problems and debt challenges.

Read the write-up that she posted on her Instagram page below:

“D is for Debt - "Are you facing money problems?
The early warning signs are usually very clear and include the following:
You are completely broke long before payday.
You are regularly having to borrow from friends and relations to make ends meet.
You are consistently missing debt payments.
You are coming under pressure from lenders.
Your money worries are keeping you awake at night.
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So how did you get to this point?
Was it your lifestyle?
Are you extravagant?
Did you make poor spending decisions?
Were you trying to 'keep up with the Jones'?
Perhaps you are just not earning enough to fund your current lifestyle and obligations.
_______________
There are so many reasons for money problems, but the good news is that it is possible to turn your financial life around. By recognizing and acknowledging the fact that there is indeed a problem, you can start to take the deliberate and necessary steps to address it.
_______________
Your attitude to your debt problems can hinder your financial recovery. If your way of dealing with it is to wish it away, remember that inaction will only make things worse. With interest, late payment penalty charges, and the attendant fees and charges you will find that almost all your money goes towards debt service.

It is important to get your debt under control and aim to clear or at least reduce it significantly." (Excerpt from "A-Z of Personal Finance" by Nimi Akinkugbe)

Visit www.moneymatterswithnimi.comfor stockists.”

Source: Instagram/mmwithnimi