Pay day is great day to look forward to. Having money you worked for at your disposal is fulfilling. However, take note, if you find yourself broke before every month end, chances are you financial habits are very poor.

It could be as a result of the following:

1. You don’t have a budget

How else would you know what you need and is important to what is a, want? You have to set a limit for what you will be spending monthly and how you will spend it.

2. You never track your expenses Knowing how much is going out  and on what is important. When you track your expenses you become more accountable.

3. You don’t have financial goals

Be specific and goal oriented. You are more likely to use your money well when you have goals to achieve e. g buy a house, pay school fees, travel e.t.c

4. You live beyond your means

You don’t need to impress anybody. Cut your coat according to your size.