Steem4nigeria Accelerator Contest Week 38 || Savings and Spending

Hello friends, it's nice coming our way once again to drop this publication as I take part in the accelerator contest for week 38. I want to believe this is an ideal year to spend and save.

---

source

What Is Your Definition For Savings And Spending?

Spending and saving have constructed and contributed a great part to our lives. From my perspective, saving is a purposeful action taken to withhold or hoard a fraction of our money with the intention of future use for a stated targeted goal.

Any time we make up our minds to save money we either save in the conventional bank or change cryptocurrency and save in our wallet, most times at home we even save in a small box or piggy bank. All these means of saving are good.

Spending is a purposeful action of solving a problem or acquiring things using money, and there are lots of needs that constantly and continuously come up in our lives that make us spend money.

Things like rent, utility bills, school fees, clothing, feeding, transportation, water rates, taxes, and many others are among the several things we spend money on.

---

Presently With The State Of Inflation, Have You Been Able To Practice The Action Of Savings? If Yes, Tell Us How And If No Tell Us Why

The awful inflation in my country isn't a piece of recent news, and as a result, has increased the standard of living much higher than what it used to be.

Notwithstanding, yes, I've been able to save reason being that I have various things to engage within a short space of time. I put in all effort to save a fraction of my income as soon as it enters my hand.

Am aware of the significance and advantages of savings and therefore, regardless of meager the amount I set aside, I am obliged to save it.

---

What Is The Place Of Steemit To Your Savings Culture? Has Steemit Help In Your Spending Or Savings?

Everyday I wake up, I am usually thankful and indebted to steemit. Steemit has to a great extent contributed awesomely to spending and savings ever since I joined in 2021.

I have been greatly helped by Steemit to save and cultivate a savings culture. Although I had once initiated a power-down, I cannot forget the early days of club status, it appeared hard but when I adapted it dawned on me that my savings had improved as I subscribed to club5050 which implies saving 50% of all my income.

source

Most of my spending for purchase is actually gotten from Steemit. Honestly, Steemiy has assisted in solving way more than 60% of my financial issues and I am appreciative of that.

---

Thus Far This Year, Is Your Financial Target Been Achieved? How Have You Been Going About It.

So far, I will that 50% of my financial targets have been achieved while others are halfway achieved. I am taking up capital projects and accomplishing them one after another and one set after another.

Most financial goals that I couldn't previously accomplish have been accomplished this year through Steemit and am grateful.

---

Let me invite my friends to take part in this contest @xkool24 @onyiluvdan @chilaw

---

Adiós y nos vemos en otro momento.

I am @hisgeneral