THREE SECRETS THAT CAN CAUSE A REVAMP IN A WORKING PROFESSIONAL'S FINANCES IN 2026

 Money is the currency of life. Many dreams have been shattered simply because of absence of money. Many marriages have collapsed because of financial stress. So we have to do something about the financial circumstances. A few months back a young working professional approached me for guidance on how he could revamp his finances and let me take the opportunity to share with you the secrets that i shared with him.

Secret 1 : Raise your financial expectations. It is surprising yet true that every great activity should start in the mind. All great companies started as ideas in the mind of a great entrepreneur and today they are employing thousands of individuals. A case in point is Coca Cola which was an idea that was developed and today it is a global enterprise. It is the case with Equity Bank which started as a small building society in Kenya and today it is a financial conglomerate serving over 20 million customers in Africa. In the same way dear working professional you can alter your finances by altering your expectations. Since the mind plays a critical role in the decisions that we make, it is wise to ask ourselves an important question, how can we raise our finances given the current circumstances. When we ask ourselves tough questions in relation to our current financial circumstances we are bound to make better financial choices and it is very possible because it starts in the mind. 

Secret 2: Save as you earn. In most cases without financial awareness a working professional will first spend and save the little that is left. This dangerous because the cost of living is high and if we do not master the principle of saving immediately after earning we are jeopardizing our financial future.  I have seen graduates on government scholarship receive funds and spend it immediately on luxuries. It is critical that as we head into a new year we put a lot of emphasis on saving as soon as we earn. Saving should be a consistent practice rather than an occasional one. 

Secret 3: Save your money in a regulated financial institution. I witnessed a working professional who lost their money to a company that promised him abnormal returns if he invested with it. It is very important that we value our hard earned money by keeping it is a safe institution. Just like we do research on the places where we hang out, its is critical that we adequately research where we keep our money. What is the quality of governance of the financial institution?. What is the quality of customer service? What is the foot print of the institution? What are the charges and benefits that are provided by the financial institution to the customer?

Ultimately every working professional desires financial freedom. Unfortunately that financial freedom can not come by chance. It requires hard work and concerted effort. The above principles if implemented have the capacity to make a difference in the lives of any working professional in 2026.

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 

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