LifeStyle Magazine

Basically there are three ways to manage money: 1. Spend it  2. Save it 3. Give it away  A Family Budget How can you plan a budget?  “All family members,” says the book Budgeting, by Patience, “Should be included in drawing up the plan so that all have a commitment to the family budget.” Periodically, all should get together to see how their budget is working. Creating a successful budget can become a rewarding family project as each one finds ways to live within the family’s income. To work out a budget, some people use a computer program. Others simply use a pencil and a sheet of paper, which they divide into two columns. One column is for income, and the other for expenditures. It is also important to include in the budget a monthly amount to cover once-a-year expenses, such as income tax and perhaps a vacation. A time-tested method of budgeting is based on the use of envelopes or folders labeled “Food,” “Rent,” “Transportation,” “Electricity,” “Medical Bills,” and s...

IT WAS 2020, in Nigeria. Another session was over and professional IT Consultant Dr. Emmanuel Binitie, who had been an Engineer from the age of 17years old with educational background in Accounting. He was surrounded by eight boys has he left Nigeria. “I just figured they wanted my autograph,” says Emmanuel. He was wrong. They were begging for food. Distraught, Emmanuel bought the boys, most of them shirtless and shoeless, grilled chicken from a woman selling food on the street corner. It’s a moment that changed Emmanuel’s life. And as a result, it changed the lives of thousands of women and children in the poverty – torn Nigeria. “My wife and I made a commitment that night,” Emmanuel says. “If we ever had the ability to do something, we’d come back and help.” After searching methods that would provide the most impact, in 2021 Emmanuel and his partner established Springs Finance Offshore, a micro- finance and offshore banking that gives small loans to the poorest of the poor in Nige...