How to Budget and Spend Your Money in A Smart Way

The Eman Effect Podcast

Mar 25 2022 • 38 mins

Did you notice the recent increasing price of commodities? It is common for people to complain about the high gas prices, but this is only the beginning since prices will continue to go up. In this situation, we need to be conscious of our spending habits and learn to create a budget based on our needs. After all, it’s not about how much you earn but it's how much money you keep, and how much money you make work for you.

In this episode, Eman and Mimi discuss investing in oneself and how to handle money. They discussed how Eman stepped out of his comfort zone, made an investment in himself to write a book, and the struggles that come with it. They explain the importance of having an education, understanding your finances, and how you can budget and manage your finances in the different areas of your life during this time of inflation and rising costs of living.

Highlights

  • What are the challenges of writing a book
  • Learning a skill and propagating that in different ways
  • How to focus on achieving your goals and obtaining a good education
  • How to master pressure from competition and use it effectively
  • Importance of setting up a budget for your household
  • How to keep more money in your pocket when things go up; and
  • Learn to be smart in saving and making money

Links

Follow Eman and Mimi on social media:

Emmanuel Asuquo

Instagram: @theemaneffectuk

Youtube: The Eman Effect

Website: www.emmanuelasuquo.com

Mariam Asuquo

Instagram: @mimitoyoucakes