"Your money can be gone in a flash, as if it had grown wings and flown away like an eagle"-Prov.23:5 |
Have you ever made it to the end of the month and wondered, "Where did all my money go?". Ignorance of your financial condition plus easy credit equals disaster. You've heard that phrase, "Money Talks". It does not. It's just walks away quietly and it doesn't tell you where it's going. If you don't know where your money is going, it's going to fly away like an eagle. And you don't have anybody to blame but yourself. So you have to keep good records so you know where your money is going. Tracking your daily expenses and writing it down in the slightest details helps you track your spending habits, thus improves your finances. Here are the four things you need to keep good records of: what you own(asset), what you owe (liabilities), what you earn (income), and where it's going(needs or wants). Buy only what you need and not what you wished to have. There are several ways to budget and you need to figure out which one is best for you. Your money is your responsibility. Plan carefully and you have plenty. Because not having a financial plan is a plan--just a really bad one.
Be financially wise.
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