How to develop financial discipline

PHOTO | FILE

What you need to know:

  • If you cannot manage Sh100, you will not be able to manage Sh100 million when you get it
  • Many times we spend bits and pieces of money here and there mindlessly

One of the most talked about topics in personal finance has to be financial discipline. If you don’t learn how to account for your money and manage it, nothing else will make sense. A budget is one of the tools people use to manage money, but there is more to discipline than writing down your spending plan on a piece of paper.

Welcome!

You're all set to enjoy unlimited Prime content.