Investment and Financial Consultant, Harrison Ahorgba, argues one does not need to earn huge sums of money before they start building their investment portfolios.
He insists with the right plan and objectives, one can turn drops of water into an ocean.
For personal finance, one must have a personal objective and not follow the path of others.
“Your objectives must be divided into short term, medium term and long term and this will guide you in how much to spend and save. Your objective is your plan. If you want to buy a car, that influences how much you invest and how you plan and go about everything,” he added.
On his accord, sound and consistent investment comes with discipline and the sacrificing of non essential lifestyle.
“For finance and investment you decide what you want to achieve and the path you want to use in attaining these goals. Personal finance is an important way of managing your finances and making it big. So if you want to invest, then start with any little amount you have. You don’t need your salary to be increased before you start investing,” he told Samuel Eshun on the Happy Morning Show.
According to him, the first point of order to invest in 2023 “is to fit in with your salary.” To him, lifestyle change and change in friendship is the way to go if one desires to build their investments.
He explained budgeting, planning and investment go hand in hand, advising all Ghanaians to cut expenses, and save and investment the little they earn regardless of the existing economic situation in the country.
By: Joel Sanco
