Home / Financial Success / 5 Things You Must Do to have Financial Success

5 Things You Must Do to have Financial Success

Each time I see people suffering, my heart bleeds. I wish I had a superpower that can make everyone rich and happy. Guess what, even if I do, some people will still end up poorer.
This is not a curse but the reality because no matter what good intentions you have if you put a 5-storey building on a 1-storey foundation, the house will collapse. So what I propose is #GettingSmarterWithMoney.
Getting Smarter with Money is a continuous journey as daily new things evolve that we adjust to. Imagine you have a car but don’t know how to drive. Every day you’re compelled to take the car out. What will happen to the car? It will come back with dents every day until it ultimately crashes and kills you.
What you’re expected to do therefore is to learn how to drive.
Your income is like a car, it is supposed to transport you daily to a better life and you are the driver. If you don’t know how to manage money effectively, you will continue on a daily basis to spend it wastefully.
Money is too hard to get to mismanage or waste it. So in this piece, I’ll suggest some strategies for #MoneyBliss Managment.
Let’s get started, shall we?

1. Financial Planning

If you really want to be successful, you must plan your Financial Life. You must know how much you want to earn, spend and keep. Most people leave from month to month without any clear-cut plan on finances. They just earn and spend without planning for the now or future.
Let me ask you this, how much do you intend to earn this year? On the average, I recommend, 3 times your annual expenditure. This is because what you earn today is for today and tomorrow’s expenditure.
Therefore, you must save and invest for tomorrow. To know how much you should earn, add all your projected expenses for the year and multiply it by three.
But there is one problem, how do you know how much you spend in a given year? That brings us to the second point which is budgeting.

2. Always Have & Live on a Budget.

At the heart of financial planning is budgeting which is a projection of your expected income and expenditures. If you don’t have a budget nor live by one, you’re like someone who goes on a sail without a compass.
Your money will just come and go without a trace. When was the last time you planned a budget and lived by it?
A budget is a guide to effective utilization of your money. Budgeting puts you in charge of your finances moreover it is one of the easiest things to do.
You spell out your income sources, projected expenditures, as well as the amount they will cost. So, as the month or year goes by, you send your money on specific errands as stated on the budget.
If you don’t know how to make one, start today by learning how to prepare it. There are numerous tools that can help you do this like the Money Bliss Budget Planning Course and template. Here’s a link to take the course; https://m.me/roborbliss1

3. Keep Financial Records

Budgeting is the beginning of the process and record keeping is the driver. Even if you have a budget, without proper records, you won’t achieve much. Record keeping helps you monitor the budget and know if it’s being followed and also helps you determine where to make adjustments.
Let’s say you budgeted N10,000 for feeding for the month, how would you know if you spent it on food or not? You must then record all your expenses as simple as writing the item purchased and cost. At the end of the month, you will have a clear picture of where your hard earned money truly goes.
The day I discovered that daily suya on my way from work was taking up to 10% of the household budget, I had an emergency financial meeting with myself and stopped it. Try it for one month, record every kobo you spend daily, your financial life will never remain the same.
If you take the budgeting course, you will get a free budget Planner and Petty Cash template to plan and record your daily expenses. Also, you can download the Money Bliss App on PlayStore for free and take the course.

4. Have Emergency Savings

Last year, I wrote a book called Money Bliss. In this book, I talked about 4 types of Savings anyone who wants to have Financial Success should have. Emergency Savings is one of them.
See people run into all kinds of financial mishaps because they don’t plan ahead. You need to have emergency funds for the unfortunate events of life. If you don’t have this you will find yourself taking loans here and there to meet up.
I recommend that you keep at least 10% of your income for this. Having this alone will save you so much financial stress and burden in the long run.

5. Never depend on one source of Income.

Growing up with parents who were teachers and were owed salaries for months, I learned this valuable lesson. To my greatest surprise, we never lacked basic livelihood requirements.
This is because we were also farmers and traders. I used to sell broom when I was 12yrs old. This was how I started entrepreneurship as a little boy. See, life has given us so many resources to use to create the life we desire. The big question is are you maximizing them?
Can you truly afford the life you desire on your current salary? If you can, congratulations. But to those who can’t, please strive to get alternative sources of income. Learn a new skill, look for something to retail or produce one yourself. With current technological advancement, there are no longer excuses for not being, doing and having more than you have today.
I hope these few tips will help you be more intentional and effective with your financial life.
Till I come your way again,
Remember that #iValueYou
#StayFinanciallySmart and
iAM Robor-Bliss Owisi, the financial Strategist that helps individuals plan their finances to enjoy today and have a secured tomorrow.

About Robor Bliss

Welcome to my world. I am Robor Bliss, son of Owisi. I hail from Akiewhe-Owhe in Isoko North LGA of Delta State. Having grown up without a silver spoon, I learnt financial management the hard way and have dedicated my life to learning and teaching simple strategies to financial success because I believe the next Generation must not experience same.I am the founder and principal of Ultra-Pace Solutions Ltd., an ICT company with international affiliations, headquartered in Ibadan, Nigeria.I studied Mass Communication at the Institute of Management Technology, Enugu, and Broadcasting at the FRCN Training School, Lagos.In 2012, I was employed at Persianas Retail as a Sales Executive and rose to the position of a Store Manager within two years. I started one of Persianas Retail Stores (Max Fashion) in Ilorin before I was posted to Ibadan to head a new branch. My success in Persianas Retail could easily be traced to my creativity, leadership and management skills and the trust I enjoyed from my superiors.I am married to Ayomide Oluwatosin and blessed with Chloe Efemena Olamide, an amazing daughter we fondly call ‘THE CEO’.


  1. I visit daily a few web sites and sites to read content, but
    this weblog offers quality based posts.

Leave a Reply

Your email address will not be published. Required fields are marked *

Warning: call_user_func_array() expects parameter 1 to be a valid callback, function 'wp_link_theme' not found or invalid function name in /home/roborbli/public_html/wp-includes/class-wp-hook.php on line 286