Introducing SpartanMoneyNG

Money seems to be the one topic loaded with plenty baggage and obscurity for a long time. Sadly our parents and the educational system don't help much, owing to constant fixation of making ends meet for the family or just churning out graduates with little or no background on financial literacy.

Ever wondered why so many men & women are uncomfortable discussing money? Yet we seem more open and readily available to talk about our feelings or even details of our relationships with friends but balk at the idea of talking money.

To create wealth - choosing to live a financially independent life–forging ambitious career paths, providing a roof over our heads, traveling the world – then it’s time we got comfortable with the language of money and get acquainted with money basics.

Know your money or wealth terminologies: Knowing the meanings of money terms such as accrued interest, active income, asset, passive income, net-worth, mutual fund, liability, capital appreciation, barren money, cash flows, budget, equity, compound interest, round tripping, financial freedom figure etc will liberate you from poverty and lead you towards financial freedom.Take time to learn and understand money terms it would enhance your financial literacy acumen, equipping you in taking advantage of better savings and investments opportunities.


Know your numbers: Knowing your numbers entails knowing your monthly income and expenses. Money spent now is money lost forever, so determining how your hard earned cash is spent is a sure proven foundation towards financial freedom. Set aside some time weekly or monthly to chill with your money ... getting to know how you have dealt with your money gives you the confidence to make better decisions over it going forward.

Know when to ask for help: Managing money can be very simple or challenging depending on te level of control one has over it. From time to time seek help from knowledgeable people which would imply your sincerity and determination to be financially free. Take little steps to educate yourself on financial literacy and money will become your slave.


Know your net-worth: Knowing your net-worth entails determining real assets you own over liabilities you don't own. In other words, your net worth is the value of everything you own, minus all your debts. Knowing your net worth provides a good measure of what you are really worth financially, therefore, reducing your liabilities or debts helps to reduce exposures [dependence or reduction] of your assets thereby allowing you grow your assets by way of savings and investments.

Practice Makes Perfect: The more you educate yourself and talk about money & its associated terminologies, the more fluent you will become in understanding and applying money basics [The Langauge of Money].