HERE IS WHAT YOU NEED TO KNOW TO START GROWING FINANCIALLY.

One of the lessons that everyone think it ought to have been taught is school is financial management.  In today’s world, unlike the ancient times where men survived for butter trades, amongst other mechanism, you need finances.

Almost every aspect of your life requires finance to move. Finance plays a very crucial and unalienable role in our day to day lives. From the very basic that we utilize on a day-to -day basis, food, medicare, transport, clothing, school… revolves around our finances.

Having established that, we are all interndem that finance plays a very crucial, extremely significant and unalienable aspect of us. Financial know how is there a very important intricate aspect of us, to be able to manage our finances. Nobody likes when they lack. You all agree with me that lacking the every essencials just because you can’t finance them can send you to the deepest and most unattractive emotional trauma, a sense of torture that see most of us on the streets. Now, How do we avoid such circumstances? How do we make sure that we enrich ourselves with financial know how and grow financially?

While theses lessons were never taught in school, high school or college, financial lessons are very important. How then is something that affects every aspect of your life not important to you? No doubt financial knowledge is very crucial to all of us. And, since we missed the classes in college and high school, the we ought to learn them in everyday of our lives.

Here are a few tips that will give you a sense of financial freedom

1. In matters finance, you need a coach.Just like generally in life you need someone that you really look up to, even in finances, you need that person. Who someone who will guide you on where to put or invest your money wisely, or where to spend what and when. These investiment decisions faces us on a day- to -day basis, and they look super easy until one is broke and they start recounting the poor financial decisions they made about they finances. Don’t be that person. Get yourself a financial coach, someone with a knowledge about finances and investiment. You will see yourself grow over time.

2. You need a financial manager. A part from having someone who advise you where to invest where your finances and where not to, you also need someone who decides your expenditures. If you can afford Someone who will help you plan and manage for what you earn, these will come in handy in solving your financial puzzle. Remember, man is wired to give the bests of advises, but not to himself. So that means even when you are a good financial manager, you also need to have a financial manager to manage your finances.
3. Invest your money. Part of what people run broke is because they haven’t realized the difference between investment and expenditure. Here is the very reason you need a coach. Money that is invested is bound to multiply, whereas money that is spent is gone. Investment is the simple act of transitioning your finances in assets. Having a finance coach will help you realize where and how best to transition your finances or what assets will give you the best return per capital investment.
4. Leave within your means as you grow. Most people are always in denial of their personal income. Not accepting what you really earn at a particular time can really haunt your financial growth because in most cases you will end up spending what you don’t have and many cases you will be forced into depts to finance the denial. It is prudent to accept one position in life, them start working from that point. Spend small and invest the surplus. Here, the 50/30/20 rule may come in handy. Check you incomes, then plan your expenditures accordingly. Never ever spend what you do not have. Additionally, always avoid spending all what you have in anticipation that you will get more later, without properly planning and investing.