When it comes to making your financial goals for 2021, do not make the mistakes of the past, because most likely you may not make them. Clear goals and motivation are keys. We all have purposes for the new year and we all want to fulfill them, but from the saying to the fact, there are roughly 12 months of stretch and many obstacles. Information guides Nigeria

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First, I hope you have met your money goals in 2020. If you succeeded, it means that you did everything correctly, from defining your goal to structuring your strategy to achieve it. If not, you certainly committed some of the mistakes that most financial purposes fail. Financial Purposes That Fail

Creating your money goals with any of these features is pretty much a prediction that you will not meet them. Avoid it in 2021 and tell a better story next December. dollar to naira rate

1.  Purposes without clear goals 

“Next year I want to save ” is a purpose too vague, while something like “I want to save a million dollars” sounds more like a dream than a target when your income does not allow it in any way. The best financial goals are clear, that is, they have a why; Are measurable or have a how much, and are attainable, that is, have a realistic how. If at the time of decrementing your purpose, you do not respond to the three, your goal is not well done and you will surely fall in the way to fulfill it. jamb result

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2.  Purposes without direct debit

Unlike new year goals like “losing weight” or “learning something new”, almost all financial purposes (saving, paying your debts, paying insurance, etc.) have a best friend that forces you to fulfill them: The domiciliation . In other words, the possibility that the bank, the insurance company or the financial institution with which you have a relationship will take the money before it reaches your hands. Thus, your purpose is met with the least effort. MU Post UTME Past Questions and Answers in PDF Format

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3.  Purposes that do not motivate you 

Maybe buying a home is a motivation for your brother, but it is more important for you to travel. I have said it before: your money goes (and must go) to the things that interest you. Knowing that your efforts or sacrifices are directed to a greater good for you will be the gasoline that will keep your purposes alive and effective. Top 15 Easy Ways to Get Job to Make Money in Nigeria

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4.  Purposes you do not understand 

A very common financial purpose is to invest, but if you do not understand what it means, you will not do it correctly. First, learn as much as you can about the topic and then start with the simplest. The same thing if your goal is to get a credit card, learn what the interests are, the dates of payment, compare your options, check your ability to pay and then ask for one. FRSC recruitment

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5. Purposes that do not have the right plan

Another key to meeting your financial goals (and, in fact, for any goal you have) is to exercise the law of least effort. Look for strategies or plans that do not involve a sacrifice or a constant decision. For example, if you think you can save, you can start with a saving challenge (such as 10 pesos or 52 weeks); Turn your finances into a game if it is what you like; As it is, experience and find the best plan to meet your 2021 financial purposes. WAEC timetable

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