Why You’re Still Broke And How to Fix It
Let’s be honest.
You work hard.
You’re not lazy.
But somehow… your bank account always looks like it's on life support.
One minute, your salary enters.
The next minute, woosh!, everything vanishes like it’s in a magic show.
And you're wondering:
“Why am I always broke???”
The answer may not be spiritual.
It might just be your habits.
Let’s break down why your wallet is always crying and how you can finally stop living from debit alert to debit alert.
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1. You Spend First and Plan Later (or Never)
You get paid, and suddenly, you feel rich.
You treat yourself.
You flex.
You "deserve it."
But by the time you remember rent, food, data, and your sibling’s school fees, your account is already breathing heavily.
Fix it:
The money is not the problem.
The plan is.
Create a monthly budget, even if you hate the word “budget.”
Tell your money where to go instead of wondering where it went.
2. You Think Small Expenses Don’t Count
₦500 here. ₦1,200 there. ₦2,500 for shawarma because “you were stressed.”
By the end of the week, you’ve spent ₦18,000 on “little things” that your bank app is now calling “serious things.”
Fix it:
Track your spending for 7 days.
You’ll be shocked how much those “small” expenses are eating your income like termites.
Use apps or simple notes.
Awareness is your first weapon.
3. You Don’t Have a Savings System (Just Vibes)
You say, “I’ll save when I have extra.”
Newsflash: You never will.
Savings must come first, not last.
Fix it:
Set up automatic transfers.
As soon as money lands, move a portion to a savings account or digital wallet you don’t touch.
Even ₦1,000 a week adds up over time.
You’re building the habit, not just the amount.
4. You're Trying to Impress People Who Don’t Even Like You
That outfit you bought?
That outing you couldn’t afford?
That "big boy/girl" spending?
Let’s be real:
most people don’t care.
You’re stressing your future self to please people who probably won’t invite you to their wedding.
Fix it:
Live below your means.
Cut out pressure spending.
Your real friends will vibe with you, rich or broke.
5. You Don’t Have an Emergency Fund
One small issue, like sickness, job loss, or a spoilt phone and boom! You're borrowing from people you ghosted in 2019.
Fix it:
Start building an emergency fund, slowly.
Even saving ₦500–₦2,000 per week matters.
Keep it separate from your main account.
Out of sight = harder to spend.
6. You're Relying on One Stream of Income
Your salary is already stressed, yet you're putting all your financial hopes on it?
Fix it:
Find small ways to increase your income:
✓ Freelance
✓ Sell a skill
✓ Teach what you know
✓ Start a mini online business
More income = more breathing room (and less panic before payday).
7. You Don’t Invest
You're saving, yes.
But you're also keeping all your money in a regular account that gives you 0.01% interest.
At this rate, your money will grow old before it grows big.
Fix it:
Start small.
Learn about mutual funds, stocks, real estate, or dollar investments.
Compound interest is the real MVP.
Just make sure you understand what you’re investing in, don’t rush.
8. You Don't Know Where Your Money Goes
You remember getting paid.
You remember buying shawarma.
The rest is a mystery.
Fix it:
Keep a simple income & expenses journal.
This one habit will open your eyes.
You’ll start making better money decisions once you see the nonsense you're spending on.
9. You Think Money Management is for “Rich People”
So you’re waiting to blow before you learn how to manage money?
That’s like saying “I’ll learn how to swim after I fall in the river.”
Fix it:
Money management is for broke people FIRST.
If you can’t manage ₦10,000, ₦1 million will just multiply your bad habits.
10. You Don’t Believe You Deserve Wealth
Deep down, you think being financially stable is for “lucky people” or “people that have connections.
So you self-sabotage.
You waste money.
You play small.
Fix it:
Start changing the way you talk to yourself about money.
You deserve stability.
You deserve growth.
You deserve peace.
But it starts with believing and behaving like it’s possible.
Now listen up
Being broke isn’t just about low income.
It’s about habits, mindset, and decisions.
If you want to fix your money life:
✅ Budget like you mean it.
✅ Save before you spend.
✅ Invest even if it’s small.
✅ Cut pressure spending.
✅ Build more income streams.
And stop buying things to impress people you don’t even like.
Money peace is possible.
You just need to stop digging the hole you’re standing in.
Question for you:
Which of these broke habits do you need to break ASAP?
Be honest, we’re all learning here.
Drop it in the comments
And share this post with someone who’s always broke... but still ordering Uber everywhere .
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