The Important of Financial Management

in #financial6 years ago (edited)


Source

Preface

Actually not all of people can handled this matters, when we talked about financial it means we talked about the great reason that everybody fighting for life. Indeed, life provided a thousand reason to living but the most countable reason one is financial aspects which force everybody to fighting for their life, survived, wealth, searching the profitability and etc.

It is indeed not everyone in the world was a richest people, but there are some who stays different, such as a poor, middle homely family, and there are even the worst more which is stays as beggar. These varieties of background was not the new issues since hundred years ago, all this cause could be by their self-effort in working, or may be lack of abilities, or could be another effects.

We know beside the world show the real but all these matter was arranged by God which is mean we are already gifted by the Good Mind to Choose/Decide/Consider (Ikhtiar), as it also our self-effort needed to deals with it.

The story line above described that what kind of people in the world is, and why it has to be, by a thousand reason which is didn’t mentioned here, I think all of us fight for one thing in this life beside surviving, loving, working, and etc. as the sub-mission above the real mission, it is by Financial Aspects as the real mission that always made people around the world come in chaos, debated, war, killing, and etc. This issues wasn’t joking or kidding but this is seriously one which is need people should considered about it in understanding of how, what, where, why and who they going to do or work with it (Financial).

Discussion

image
Source

Every single manner need management as it come as guide lines to make it saved and secured then stick on the rules. Based on the concept above, we can see financial management laid on 4 circle which is connected to each others.

As it from the beginning step, we can see all of us try to make mapping plan or identify how much their budget is to put on the work/target mean. In this part, all we need to do is seriously understood about our power and considered about the loss if it didn't come as a plan. In the other words, we need to make a plan B instead also plan A.

As the following Resource Allocation defines about your supported to what you will going to put on your money as it investment, etc. In this step, you need to learn deeply about the resources.

Operating/observing as the best ways to monitor you finances overflow, how its procedure and rules. You have to follow the work of your involved. Ar the end, Evaluation and Reporting became as the final point which is determined whether you make it worked or succeed.

Final Point.

In concerning about financial management, the most important thing we should considered is about understanding our budget mapping plan. So then, we will understood how and what will suit to make it worked out.

Actually, I'm the financial expert but in this point I just wanna provided a good information as it now financial became as crucial thing in our life.

Thanks,
@jarmen

Sort:  

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by jarmen from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Coin Marketplace

STEEM 0.23
TRX 0.21
JST 0.035
BTC 98664.10
ETH 3346.86
USDT 1.00
SBD 3.16