Financial expert, Obeng Darko has expressed the need for budgeting in order to build up financial strength.
According to him, many have become poor and left with a heavy burden due to their inability to budget their finances.
Speaking in an exclusive interview with Max Morning Show in Accra on Monday, Darko explained that budgeting finances would go a long way to help in building financial independence and freedom.
”A budget can also set you on the right path to achieving your financial goals, spending within your means, saving for retirement, building an emergency fund, and analyzing your spending habits,” he said.
Darko observed that 90 per cent of Ghanaians who were heavily burdened had to do with financial problems.
He therefore expressed the need for Ghanaians to budget their money at the early stage to alleviate poverty to gain financial confidence and control.
”You need to budget and save to help you become peaceful. This will even make you gain financial strength and confidence. You need to practice overtime to gain that financial control,” Darko added.
