I’ve been thinking a lot recently about how to make more money. This is not new to anyone, we all want more money.
I stumbled on a Forbes report that says wealthy people have a savings habit (amongst other things). I have tried (and failed sometimes) to build this habit. 30% savings is really difficult (but possible).
But as I do my regular expense review I always notice there is so much funds uncounted for – money I can’t say where it went, most of us can relate to these miscellaneous expenses.
So I thought, how about creating miscellaneous savings! But make it a deliberate action. Hence the invention of the Obaro’s MS Model i.e Obaro’s Multi-Savings Model.
This is simply creating an additional savings stream fueled by an addiction or habit.
Practical Example; I play Candy Crush on my phone almost everyday (don’t judge me! And yeah I know it’s 2017 but that’s the only mobile game I have and I need it to relax sometimes). After I noticed it had become a habit, I decided to tie something positive to the habit. So for everyday I play Candy Crush, I put into a piggy bank a fixed amount of money – something so small I won’t realize it’s gone.
This screen shot from Candy Crush implies I’ve played the game for 14 straight days. With the OMS model, I have saved X amount × 14 days from miscellaneous.
This is exciting for me because at the end of the year, if I saved 200 naira everyday, I would have 73,000 naira of miscellaneous savings (this is excluding normal monthly savings and other forms of revenue), I think this should be exciting for you too!
Remember, everything we do needs discipline to be accomplished especially when money is a topic.
So find your addiction/habit, tie your OMS to it… Make money!
It’s really ironic that with the advancement of technology at our disposal, the loads of information available to us with a click of a button, the scheduling applications and lectures we have listened to over the years, TIME IS STILL NOT ENOUGH.
You know why? because everything you knew about time management is wrong! (or at least obsolete). Continue reading “Time Management”
One thing is certain; no one can accurately predict the specifics of the future. Regardless of the multiple theories we conjure and create, the analysis and mathematical projections, we would still be wrong or not, the only thing that we can say is that 13 years from now the world would not be how it is right now. Change is inevitable. Continue reading “School & Work in 2030”
There’s no “one formula fits us all” for education – I dare to say no one universal formula exists for any problem on earth.
One duty of a teacher is to impact knowledge to all their students, (keyword: ALL) so when a teacher makes a comment like “if half of the class passes then I’m justified“, it is a sign negligence of duty on the teacher’s part. Every student can understand anything – depends on how you explain it. Continue reading “Diversity in Teaching Techniques”
But don’t just listen to God’s word. You must do what it says. Otherwise, you are only fooling yourselves. – James 1:22
I know what you are thinking… not to worry; here is one from someone not sooo distant in history.
Infuse your life with action. Don’t wait for it to happen. Make it happen. Make your own future. Make your own hope. Make your own love. And whatever your beliefs, honor your creator, not by passively waiting for grace to come down from upon high, but by doing what you can to make grace happen… yourself, right now, right down here on Earth. – Bradley Whitford
Well done is better than well said. – Benjamin Franklin
Continue reading “wisDOm”