MACC Tutorials
math and accounting school for the benefit of high scholars and primary students, ACCA students who
17/10/2022
KITCHEN TIPS From Africa
1. Never store Onions and Potatoes together because both produce a gas that causes either of them to spoil quickly.
2. Put two or three orange leaves in your hot palm oil on the fire. Let the leaves turn black before removing it. By then your palm oil becomes pure groundnut oil also giving your food a nice taste.
3. To avoid feeling a peppering hotness on your hands after cutting pepper with bare hand scrub your hand with salt and red oil then wash it.
4. If you happen to over salt a pot of soup, just drop in a peeled potato. The potato will absorb the excess salt.
5. If your Soup or Stew goes sour while warming it, add little piece of Charcoal and remove after warming, the taste will come back.
6. Never put citrus fruits (oranges, lemon, lime, etc) or tomatoes in the fridge. The low temperature degrades the aroma and flavor of these fruits.
7. When storing empty airtight containers, throw in a pinch of salt to keep them from getting stinky.
8. If your salt is becoming lumpy, put a few grains of rice in with it to absorb excess moisture.
9. To reuse cooking oil without tasting whatever was cooked in the oil previously, cook a 1/4" piece of ginger in the oil. It will remove any remaining flavors and odors.
Credit to owner. Hope you learnt something
17/10/2022
10 LESSONS FROM RICH DAD, POOR DAD
1. Manage your money:
Many people are able to make money, but not everyone learns how to manage it properly.
Financial intelligence starts with learning the difference between assets and liabilities.
ensure that you have more money coming in than going out, which is what will make you richer.
2. Pay Yourself First:
Most people earn and spend their salary paying bills.
A rich person always pays himself.
Invest in
- Courses
- Books
- Experiences
3. Saving and investing are different:
Saving is considered a must and a good habit.
You need to invest your money instead where it grows at a higher rate than inflation.
Saving weaken the purchasing power while investment will increase the value of your money.
4. Learn taxes:
If you are rich and lack financial literacy, you will end up paying a lot of taxes.
The rich have their investments often in learning, so they have to pay fewer taxes.
You need to have financial IQ in different areas like accounting, investing, market forces, and the law.
5. Do not rely on a single source of income:
Most people rely on a single source of income.
You can never become rich and financially secure if you are one of those.
You should have 2 to 3 streams from where you earn money.
You will be in better position even if you face some financial crisis if you multiple income streams.
6. you become smarter by taking risk:
Unless you take a risk, you cannot grow, grow as in grow really big.
You should take a risk because some opportunities in life have the potential to change the course of your life.
7. Everyone needs to be a financially literate:
Intelligence solves problems and produces money.
Money without financial intelligence is money soon gone.
The sad part about the education system around the world is that it teaches to work for money.
The system never teaches how to make, manage, and keep the money.
You should learn how to create wealth and make a plan to achieve financial freedom.
8. Mindset is everything:
Poor dad always used to say” we can’t afford this “whereas rich dad teaches him to replace it with “how you can afford it?”.
In This way, replace your negative attitude into positive and you will definitely find ways to do achieve that target.
Your attitude and mindset matters the most.
The first and foremost thing to do anything is that you must believe in yourself.
9. Surround yourself with people smarter than you:
There is a very popular saying ‘If you are the smartest person in the room, then you are in the wrong room.’
If you want to be smart, surround yourself with people smarter than you.
10. Control emotions:
The situation only gets worse for you when you are not able to control your emotions.
The statement holds good for both personal and professional life situations.
You should learn to control your emotional balance and be focused on accomplishing your financial goals.
26/09/2022
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