Upholding the following pillars of Financial Coordination is the ultimate step to forestalling financial crises. We all find ourselves trying to cut loose from the sackles or prevent anticipated financial mess, at a particular point in time, and I guarantee that the following are what we really need.......
PLANNING
BUDGETTING
SAVINGS
INVESTMENT and
BALANCE
We need to carefully plan our time, considering what we got to do to achieve what we need for future use. Planning ahead is a wonderful tool of Financial Management. We shouldn't give room for procastination 'cos tomorrow is right at the door.
Budget your income by knowing what you have then spend less than what you earn. Learn the differece between need and the wants.
A good budget can give you a sense of where your money goes.
Savings should be of top priority. As soon as you get paid, deposit the amount you wish to save in a bank. This will help fight any temptation to spend unwisely.
Invest in yourself, reliable ventures and people by acquiring skills, the money spent would be an investment that appreciates as time goes by. So, by improving yourself you improve your pockets.
Balance your life by keeping money in its place. HOW? Do not let money be your Lord. Satisfy your basic needs and do not let greed throw your off.
