My 2021 Budget: In Steem, USD and Local Currency || @fredquantum (100% POWERED UP)

Good day, everyone here. I am glad to be part of this again and special thanks to @steemalive for this great privilege. It's nice to be present on this platform.

INTRODUCTION

I will like to sieze this moment to say a very big thank you to @steemalive for organizing this great piece, it means a lot to the members.

Without no further delay, I will like to pen down my 2021 budget in Steem, USD and my local currency. Join me as I take you on a swift ride of my budget.

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MY OVERALL BUDGET

My overall budget for the year 2021 is #3,000,000 (three million naira) in local currency and below I will do a breakdown in value for my budget in local currency, steem and USD.

1. Budget value in local currency (NGN) = #3,000,000.
2. Budget value in Steem at the rate of #84.6/steem = 35,461.
3. Budget value in USD at the rate of #500/USD = 6,000.

How to Distribute my 2021 Budget

Here, I will give a list in 5 categories how I will maximize the usage of the budget effectively.

1. Steem Investment

I will invest a total of 25% (#750,000), seven hundred and fifty thousand naira, of the overall budget back to steemit which I believe will enhance the development of steemit and make it a better place the more for everyone, the members and even those that are yet to join thereby creating more channel of blessing for humankind. And also, the profits from the investment will be used to get a few things like a new smartphone, household electronics, a new laptop, normal upkeeps and further reinvestment.

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2. Education

After a successful first step, I will use 20% (#600,000), six hundred thousand naira, of the total budget to invest in my Masters Degree education. As a bachelor's degree holder of B.Tech Agricultural Engineering, I love to grow in the field and in that case it is important that I step up my game to gain more knowledge and become solid in the field as I prepare to practice Agricultural Engineering in the nearest future.

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3. Rent

And I will like to secure a new apartment for myself and the family I am building sooner. So, 8.3% (#250,000), two hundred and fifty thousand naira, of the total budget will be used to cover a year rent that runs through the whole of 2021.

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4. Marriage

Also, I plan to get married sooner. 8.3% (#250,000), two hundred and fifty thousand naira, of the total budget will be used to cover my wedding arrangement as we look forward to build a wonderful family sooner.

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5. Business

Lastly, I will give 11.7% (#350,000), three hundred and fifty thousand naira, to my parent to enlarge to their business while I hold on to the remaining 26.7% (#800, 000), eight hundred and fifty thousand naira, to practice agriculture and a buy a printer to enhance my graphics designing profession,which will enable me provide for my family and also give more to my parent.

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In conclusion, above is the detailed breakdown of my budget 2021. Thanks for sparing some your precious time to read this piece. Thank you as always.

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