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Guides on making an effective daily financial plan
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[QUOTE="Carpon, post: 291943, member: 86701"] Planning is regarded as a pivotal part of life and your ability to plan determines your success and that's why they will say that he who fails to plan, plans to fail meaning, when you fail to plan, you are certainly planning to fail. In financial planning, there are many schedules that can be used and you can make your plans based on an annual, quarterly, monthly, weekly or daily schedule and in this thread I will be dropping some useful hints on how you can come up with the best weekly financial plans. ✓ First know what your needs are. You must know what you need on a daily basis and the how much they cost. This is the first important knowledge you need because it helps you in budgeting. ✓ Secondly you will have to make an estimate of what your weekly income is and how much you can be able to spend on such needs ✓ Then you will scrutinize your list. After coming up with a list of your needs and how much is needed to take care of them, then you will look at what you earn and how to make sure what you earn and what you spend are in a financial balanced. ✓ The the last thing to do is make sure you have made reservations for your savings and all the rest before coming up with a final list that will guide your weekly spending. [/QUOTE]
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