Proshare Foundation

Happy 64th Independence Day, Nigeria!!!

Before you think #chosen means 'anyhowness' - live by this tip.....and 'steeze' with sense!!! #FinancialWellness #Chosen #Explore #WisdomThursday

How do you spend your day? Do you know that, time management is one of the most effective skills you can have? Living a good life is beyond just being able to meet your financial commitments, rather it is about how you are able to balance what you need and want - the things that bring you joy, and the work where you are able to earn and find fulfilment. We think this rule makes good sense! Why not try it and let us know how it works for you.... #FinancialWellness #LifeTips #Wholesomeness #Balance #ProshareFoundation #WellnessRules #Explore

What do you think? The initial statement highlights a common misconception that increased income can automatically solve financial problems. It suggests that even with more money, if spending habits remain unchecked, financial difficulties can persist or even worsen. The reply reveals a much more deeper issue: the desire to maintain a certain lifestyle, regardless of its financial implications. Lets share with you some thought-provoking questions and perspectives 📌The illusion of abundance - while increased income can provide temporary relief, it does not guarantee lasting financial security. The illusion of having more money might lead to even higher spending, creating a vicious cycle. 📌The cost of indulgence - every purchase has a hidden cost, often in the form of missed opportunities or future sacrifices. Indulging in the present might limit one's ability to save for important goals like retirement, education or emergency needs. 📌The psychology of spending - understanding the underlying reasons for excessive spending can help individuals break free from unhealthy habits. Are you shopping as a form of therapy, seeking validation, or simply trying to keep up with societal expectations? 📌The importance of balance - a healthy financial life is about finding a balace between spending and saving. it is essential to prioritize needs over wants and to allocate resources wisely. 📌The Power of small changes - rather than focusing on drastic changes, individuals can make incremental improvements to their spending habits. This might involve creativing a budget, tracking expenses, or finding alternative ways to enjoy life without breaking the bank. We think ultimately, the decision to address or maintain spending habits is a personal one. However, when you consider underlying issues, and consider long-term consequences, we can make informed choices that align with our own financial goals and overall well-being. #FinancialWellness #HumansOfTwitter #Explore #WhatDoYouThink #PersonalFinance #BeliefSystem

Do you know one of the best gifts you can give yourself, is to train your mind to always see the glass as half full instead of empty? The mind is a product of what we feed it with, and while the reality of what is happening in Nigeria, bites so hard... it is the time we need to take control of our minds the most! Always remember, even in the face of all the economic challenges, there is ample room for opportunity and growth. The question is - can you spot the opportunity, and when it comes, are you prepared for it? What are you doing to help you stay in a prepared state for when opportunity comes knocking? Here are a couple of things to keep you inspired in the face of these difficulties. 📌 embrace the challenge - view this downturn as a chance to dellvelop new skills, explore alternative paths and strengthen your financial knowledge. 📌 stay informed - keep up to date with economic news and trends. Understanding the situation can help you make informed financial decisions. 📌 prioritize and budget - focus on essential expenses and create a budget that aligns with your income. Every naira saved can make a difference. 📌 invest in yourself- consider upskilliny or pursuing additional education to improve your earning potential. 📌 maintain a positive mindset. Remember, downturns are temporary. Your resilience and adaptability will help you weather this storm. Remember, you are not alone. Many Nigerians are facing similar challenges #FinancialWellness #MondayMorningMotivation #Hope #Inspiration #Resilience #ExplorePage #ProshareFoundation

Its World Charity Day!!!!!!!! What are you doing to make the world a better place? In your words and deeds, are you exhibiting kindness, empathy and compassion? The world belongs to us all, when we serve and value each, we automatically make the world a better place! Here is to a world filled with an abundance of ❤️ for each other!!! #WorldCharityDay #ProshareFoundation #Kindness #Empathy #Love #Humanity #Explore

It is a new month, with endless possibilities and opportunities. Each step we take is a choice. Each choice shapes our journey. As we ascend this staircase of life, let us always choose intention and mindfulness. It is our hope that as you put one foot in front of the other, may it lead you to your destination, filled with purpose, peace and fulfillment. Life's journey may seem daunting, but remember, your job is to take one step at a time. Whether you believe it or not, each step brings you closer to your destination. Do not be afraid to look up, to dream big, but also, don't forget to appreciate the view from where you are now. 📌 The journey is as important as the destination!!! #FinancialWellness #MondayMotivation #NewMonthGoals #PositiveVibes #ProshareFoundation #Inspiration #Explore

Still on Financial Metric Series, Go through our slides and have an intro to what Profit Margin Ratio is all about. We are all about you understanding finance in the most simplest of ways, to enable make informed decisions and understand your business better. #FinancialWellness #FinancialMetricSeries #Finance #Entrepreneur #Business #ExplorePage #ProshareFoundation #Explore

Hello fam, It is a new week, filled with exciting opportunities and possibilities! All you need do is see the positive side of things and go out there knowing everyday you show up, you are on your way to living a fulfilling, happier and healthy life! Cheers to the week! #FinancialWellness #MondayMorningMindset #MondayMotivation #ProshareFoundation #HealthyLife #HappyLife #FulfilledLife #YesYouCan #Explore #ExplorePage

It is still the Financial Metric Series. Today we are talking Gross Profit Margin Ratio. Do you know that a higher Gross Profit Margin is generally considered better, as it means the company is able to generate more profit from each naira of sales. However, it is important to consider other factors, such as operating expenses and overall profitability, when evaluating a company's financial performance. Here is how to calculate for Gross Profit Margin (Gross Profit / Net Sales ) x 100. Where - 📌 Gross Profit = Net Sales - COGS 📌 Net Sales = Total Sales Revenue - Sales Discounts, Returns and Allowances USAGE 📌 Assess Profitability - shows how much of each naira of sales revenue is left to cover operating expenses and generate profit 📌 Compare To Industry Benchmark - by comparing the ratio to industry averages, businesses can determine their competitive position. 📌 Analyse Pricing Strategy - A low ratio may indicate that the company is selling products or services at a price that too low, while a high ratio may suggest that the company is charging excessive prices. 📌 Evaluate Cost Management - A declining ratio may indicate that the business is experiencing rising cost of goods sold. Did you learn something from this? #FinancialWellness #FinancialMetricSeries #Finance #Business #Entrepreneur #KnowledgeIsPower #Explore #ProshareFoundation #ExplorePage