TAKE CHARGE OF YOUR FINANCES
In choosing a wealth heart, you have made a pledge to take charge of your finances. One factor that stagnates your financial journey and constantly puts you on the financial treadmill is cash flow.
We allow money to control us instead of controlling it!
Picture this; Upon finishing high school, at age 18, most of us are at our ideal weight and physical fitness level in life. With youthful optimism, we don’t consider our weight and physical condition ever being an issue or challenge in the future. You assume that you will continue staying active like you have always and be in great shape, by age 30 everything slows down without you noticing and there; you have gained more weight and you count as unfit.
The analogy applies to our financial lives. Unfortunately, we are adding expenses and liabilities each year at a faster rate than we’re adding general body mass. Most personal bankruptcies are a result of an individual or family experiencing a negative cash flow in the amount of only a hundred thousand Kenyan shillings or more monthly . Each month they are going backwards financially by spending between three or four hundred dollars more than they are earning. Compounded by years of interest, bankruptcy is just a matter of time.
Here are 3 Habits that will help you take charge of your finances.
- INVESTING IN GOOD FINANCIAL LITERACY EDUCATION PROGRAMS.
Enroll in Financially Fit Africa’s Wealth Awakening program to become part of the fast growing financially fit tribe, here you will get one on one mentorship on fixing those pilferages with world class wealth coaches who are entrepreneurs running diverse enterprises.
2. CONTROL
By now, you should have realized the essence of planning, budgeting and tracking your expenses.
The Financial Warm up exercises highlight where the loop holes to be sealed are.
https://financiallyfit-africa.medium.com/your-financial-warm-up-5f7e28b4f92b
3. ELIMINATION
Eliminate unnecessary expenditure by tracking your expenses to a minimum.
