Pulse.com.gh logo

Savings Tips 5 ways to achieve your business dream with a small budget

No matter where you're from, your dreams are valid - Lupita Nyong'o

  • Published:
Pulse woman play

Pulse woman

A dream doesn't become reality through magic; it takes sweat, determination, and hard work.” Colin Powell

Define what you want

Take some time to define what you want in as much detail as possible, so your dream becomes something real that you can begin to work towards.

READ ALSO: 5 ways to save more money on rent

  • Calculate the Cost

How much will it cost you to make your dream a reality? Get an expert in that field to give an estimate of the numbers and ideas on how to get funds for the project. Prices may change over time, but this will at least give you a jumping off point.

  • Give yourself a deadline

Don't let the price tags intimidate you. Set a time frame to realize your dream, so you can start formulating your plan of attack.

READ ALSO: 5 dangerous habits that could make you broke

  • Set savings goals for yourself

Create a realistic budget and stick to it. Find creative ways to save more on food, clothes, fuel and medical bills. Find new ways to earn extra money. Working hard will just make you appreciate your dream even more.

  • Maintain your motivation

Review your progress regularly to maintain your enthusiasm. Do research on your project to be fully equipped when you start operations. Attend seminars and interact with people in the same field. Hearing their success stories will motivate you to work hard towards your dream.

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos

Top Articles

1 Money 10 legal ways to become rich in Ghanabullet
2 Money 5 ways to make money online as a Ghanaian studentbullet
3 Savings Here are things you'll probably go through if you don't save...bullet
4 Money How to survive on GHC 500 monthly salary in Accrabullet
5 Life Hacks 6 things you need to let go to become successfulbullet
6 Money 5 types of jobs Junior High School leavers can do to...bullet
7 Work environment 7 Clear signs that your boss hates youbullet
8 Money 6 things you are wasting your money onbullet
9 Money Management 5 practical ways you can avoid running...bullet
10 Roommates 7 important things to consider when choosing...bullet

Top Videos

1 Business Tips 5 Habits of Great Entrepreneurs You Need to Adopt Nowbullet
2 Entrepreneurship Ways to invest in your brand and careerbullet
3 Entrepreneurship Ways to achieve your business dream with a small budgetbullet
4 Savings Tips 5 ways to save more money on rentbullet