Financial freedom is something we can achieve through a series of hard work,self control and determination.It takes all these for an individual to achieve this freedom.The price of this freedom has been paid with the blood of Jesus.It's your divine right to function in that freedom.Maybe you don't know that it's a SIN to be poor.This is because by being poor me make mockery of the death of Jesus, 'cause He was poor,so that through His poverty we all might be rich.
As i always, "it's easier to make money than managing it".Our problem lies in our inability to manage well our resources.You many not believe this,every family,no matter it's financial level,at one point in their existence has gotten the opportunity to be rich.This theory holds true for all human families,no matter what it does for living.Yet, why are there still many poor families,finance management deficiency.
A family that refuses to have a flexible budget,with 100% implementation is still immature to be financially free and can never have this freedom.A family running with a budget is cutting cost and expenses by atleast 35% than when it has none.
Finance freedom begins with building ur cash flow above your expenses by atleast 5%.
Budget implementation is the greatest challenge in financial freedom exercise.K.K can help u with the tips and advise on how to plan and implement functional a budget.
Family budget system help predicts the family's financial future and direction,it help u build your finance reserve and gives your into ur investment capability.
There is only one road to financial freedom,and that is financial management.Financial freedom is the state of comfortably living above your expenses.
This can be achieved through a functional budgetting system.It is a common saying that he who fails to plan,has plan to fail.That is,he who fails to plan his finance has plan to be poor.
There are three types of budget:
* Short Term Budget
* Medium Term Budget
* Long Term Budget
Short term budgetting system is very good for rapid economic developement and financial planning.It is the most suitable budgetting system for those seeking financial freedom.This is because,this system gives room for financial expansion and finance expansion projects.This is the system K.K recommends and it is flexible and less complex.
A good budgetting system should have this features:
* A system that allocates the family's resources to all the sections of the family's need.
* A system with a well defined and flexible implementation system.
* A system that makes provision for debts and emergencies servicing.
* A system that sets expenditures atleast 5% below the family's income.
* A system that is structured towards financial freedom within a maximum of 5 years.
* A system that made provision for future economic uncertainities.
* A system that made provision for reserve account.
A good system should be able to lift u comfortably to another financial level within a limit of 5 years and again aspire for another level.It's your divine right and it's in you.
As stated above,KORPORATE KONSULT can help you develope the best implemenation system that suits your family. We are experienced in both corporate and personal budget implementation consultancy services.
Financial management has to do with financial planning,which is a delibrate act of allocating the family's resources in their right proportions and to areas where they are needed to achieve a judicious use of the resources for financial freedom and the deliberate arrangement made towards debts servicing,as expressed in a functional budget.
Financial management equally has to do with financial intelligence,which is the ability to see way and opportunity where ordinary eyes cannot see,the ability to develope a functional budget system,the ability to read the future and understand the workings of WEALTH TRANSFER and the ability to invest at the right time and into the right sector and the ability to understand the importance of professionals and using them achieve your financial freedom.Every one cannot be one and in cases of this deficiency KORPORATE KONSULT,is at your service.
Financial discipline is another important aspect of finance management.As i always say, "it takes a measure of discipline to be rich".In order to be financially free,you must be disciplined.Obey your budget strictly and don't go for anything that is not covered by the budget.
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