FINANCIAL MANAGEMENT IS KEY AS 2025 ENDS...
It's been a while that I shared something about finances. When I was reflecting on what to share, after a pool of different opinions that resonated from my heart boom I heard the word financial management.
I had the privilege to counsel so many young people that had high expectations in achieving life goals after such conservation one of the astonishing things that came up was in the aspect of finance. I have heard of so many relationships that ended as a result of poor financial skills.
Many organizations have sacked most of their staff due to financial misconduct from the staff.
I want to say that financial management ought to be a vital course that everyone under the surface of the deliberately learn from it. When you get the right financial skill life would be beautiful for you. There are many that ended up in prison because of the huge amount of money they borrowed and couldn't repaid whereas there are many that even left the organization without legit notification due to por financial management culture.
In this post, I would like to share some experiences and few strategies how one could master the act of finances to avoid repeat of several other people's failures. Financial management to my best of understanding is the act of guiding or being a steward over resources either money or in kind for maximum satisfaction. Financial management entails the use of good control of money to achieve greater and bigger things.
I would like to share the story of an individual that struggled with finances. This young can spend whatever is his body especially when there are other persons. He never had tangible plans and project that he wanted to execute. Whatever that enters his hands goes out easily without being accountable. He can finish his salary before the release of the subsequent month's own. After working with the government for considerably number of years, he checked his stock or achievement and noticed that he had the money but couldn't do something viable.
Some strategies that help one to manage resources very well is to have a financial target or goal life. So people set life purpose without the life of a missionary. Your financial goal is very important because it appears it would require huge amount.
Haven set goals the next thing is to have a scale of preferences. Chose the ones that would you gibe you fulfillment. It's not the isse.
Identify what are your distractions financially as an idea. Clearly design eliminate them to avoid the community crises.
Another strategy is to develop skills for better output financially. For instance Make good use of opportunity. Save no matter how little it might be.
Thanks
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My financial distraction is shopping. Once money lands, I’m out shopping.😂😂
But I’m working on that now. Thanks for sharing.
Eya..
It's well. May God help you to start saving deliberately