THREE SECRETS FOR MULTILYING YOUR INCOME IN 2026

 The question is how 2025 treated you in terms of finances ? Finances play a critical role in all our lives and if we are to ask majority of the people about their greatest challenges it is related to managing personal finances. It is the desire of most employees to increase their income so that they can achieve their set goals. The question is it an easy process?

The focus is on how can a working professional multiply their income amidst competing demands in a turbulent economy.

Secret one: Set a clear financial target. In my journey as a financial literacy trainer I have witnessed so many people who have left their financial issues to chance. In this way they are not motivated to take initiative towards their financial destiny. In 2026 we need to set clear financial targets that will drive our performance to a better outcome.


Secret two: Embrace Continuous learning . Ideas are kept in books and those who embrace continuous learning have a better chance of improving their income. The mind is our strongest weapon. Regardless of whether 2025 has been a tough year if  we are intentional in learning we can alter our income. It is said success starts in the mind.

Secret three: Seek mentorship and coaching. A mentor will accelerate your learning about professional development and how to make more money. I have interacted with so many working professionals whose lives have changed because of coaching and mentorship.


Regardless of whether 2025 has been a successful or tough year, we can make a better outcome regarding our finances if we set the right principles and stick to them. How can a market vendor who in most cases earns less than a working professional outcompete them in terms of income?

For individual and corporate financial literacy training contact :

Coach Phillip Kiryowa 

Personal Finance Coach (CPC)

Certified Master Trainer, Bank of Uganda 

Founder, Advanced Empowerment Link

0752615916

For Financial Freedom and Sustainable Enterprises.

Comments

Post a Comment

Popular posts from this blog

ACRE OF DIAMONDS

 According to Dr. Dennis Kimbro in his book Think And Grow Rich  every human being is an acre of diamonds. In simple terms we have more potential than we can imagine. With adequate self reflection this statement can change any person's life. It is Dr. Myles Munroe who noted that without knowing our purpose on earth we are likely to lead a less impactful life. The question that has been asked by many leading scholars is why are some people more successful than others? Is it family background? Is it luck? Is it the country where they were born? Unfortunately no body has a clear answer to this contradicting question. Hellen Keller was born blind but by the time of her death she was a very successful leader. Oprah Winfrey had a tough childhood but is now one of the most influential leaders in the world. Nelson Mandela was imprisoned for 27 years but became the president of South Africa. From the above case studies it is important for each one of us to learn a lesson. We have more...
Read more

A SAVINGS PLAN CAN AID IN FINANCIAL ADVANCEMENT

 I remember during the Trainer of Trainers training conducted by Bank of Uganda we were encouraged to develop a savings plan. This was a key development because without a plan we may live in financial darkness. In my years of providing financial literacy across the country especially youths I have observed that the intangible practices that may be undermined play a big role in the big picture. I have been asked a question, "how can one save yet their needs exceed their income?. It is a tough question but the best practice remains that even in the hardest of circumstances we should prioritize saving .This is because we do not know what the future holds. As humans we forget so fast. Who remembers during the lock down of Covid-19 when people were not working. Life was extremely tough. It was an opportunity to reflect about the importance of savings during good times. A savings plan enables a person to determine why they are saving. It could be for school fees, buying a plot, a car an...
Read more

WE CELEBRATE GRADUATION BUT AFTER THAT WHAT NEXT ?

 Uganda is officially dominated by young people. Over 50 %of the population are youths. With a high population the job market also shrinks yet people need to survive. It is the means of survival that create social pressure. The unemployment dilemma in the country can be dissected from different angles and each person or all stakeholders have a critical role to play.  Universities and other institutions of higher learning produce over 300,000 graduates per year. The job creation rate is about 70,000 jobs per year. This means that the job market is narrow. It is a common sight to see over 100 applicants for one job. This is a signal that something drastic must be done to change this trajectory. Development partners such as government, private sectors and donors such as Master Card Foundation are playing a critical role in addressing youth unemployment. In fact this suggests that fight against youth unemployment must be multifaceted.  During graduation season it is justifiab...
Read more