METALLIC HOMEBANK: CENTONOMY 101

There are those days you walk into a store and realize you have spent each coin you had down to the last cent especially those days that you are super happy. I heard someone say do not ever spend nor make a financial decision when happy or super sad this could be tyranny which simply brings chaos in your life.

Take a case scenario when one has just had his pay cheque or ‘won a lottery’. This is the point at which one has so many ideas, one wants to do everything and anything for oneself. Now sit down and think about it, there is so much money we waste for not having a plan.

Impulse will always be there, we are only human, we desire what we see and for sure we definitely do go for it but, in the event that we were prepared to handle such a situation then we would save ourselves a fortune.Most definitely there are those of us, when young had piggy banks for the rest of us metallic home banks did the trick. And question is why not bring them back? Thing is yes, at this point in time we all own a bank account or rather are making plans to own one. Planning to not only be in a position where we are cashing out money but also cashing in money smartly is essential. 

Here is a general sketch out of the financial plan. Yes, we might be young with very little or no source of income whatsoever, but if you were to set aside a hundred shilling from your daily spending, cash it into a metallic bank, for each day for the next three hundred and sixty five days in a year, then by the end of the year you would actually have thirty six thousand five hundred. Okay; what if your budget is too tight? Good question, then why not save twenty-shilling coin, trust you me, by the end of six months you will have to get a larger metallic home bank. By the end of a year, you will be talking of seven thousand three hundred in your account.

This is money you can easily use to satisfy your short term goals, to go to Mombasa and back, you could even just use the standard gauge railway(SGR) at the VIP section then back if you are a fan of travelling, what if you aim to go to Rwanda, take a bus to enjoy the road trip and back; then increase the 100-200.Basically, start small in terms of savings and eventually you will hit it big.

Do put in mind if you cannot save the little you have, then even if you get much you will most definitely not even be able to use it efficiently. Let’s make plans, follow the financial goals and spare the dollar, in the long run we will be the ones to enjoy it. I do know at times some things are easier said than done but, those eventually done despite the weight are the sweetest.

There is nothing sweeter than making use of money specifically set aside for the particular goal. Go get yourself a metallic home bank, you will be the one smiling when you feel the weight. Repetitive actions build habits. Start saving, it could become a habit.