Thursday, January 16, 2020

On Personal Financial Management
                    
                                   MONEYMONK WEEKLY MESSAGE 20/2019 
 On Personal Financial Management To succeed at managing personal finances well and hoping to achieve 
 Financial Freedom requires you to develop a mind set and attitude. This can be easily done, here are some
  points for you to note 
 1. Giving Importance and priority to regular savings 
 2. For savings to be regular it is important to have adequate term and health insurance and emergency fund 
 3. You need to invest in your self first by learning how to invest with minimal risk and monitoring it with 
 minimum time so that you don’t lose focus from your main job or profession. 
 4. Not procrastinating and postponing writing of daily expenditure and comparing it with monthly budgets,
  earlier you learn that some things have to be done simultaneously and not sequentially. Personal financial
  aspects is one such activity . 
 5. Time management to develop a habit of leading a balanced life. These points, point to having an integrated
 good health which has a few subsets included. These aspects are simple but not easy to practice. They are
 very important to lead a balanced and happy life. I will be highlighting on these aspects in the next few
 messages. 
My experience of last over one year has seen over 80% drop out as they don't reach the stage to start learning
 investing . One on one method adopted by me along with the freedom to give for charity whatever you want
 to per session takes a lot of my time. Elimination leaves only the serious ones whom I can give time . I have
  plans to scale up only if more of the right learners are there. Do you have it in you to achieve Financial
  Freedom ? Do refer to those who you think are suitable .
                                                        www.moneymonk.me 
 Note: Earlier messages are posted on my blog https://moneymonk-joe.blogspot.com/ _________________________________________________________________ -------------------------
 If you or any of the people you know want to receive this weekly message they need to send a request mail to learnfrommoneymonk@gmail.com ___________________________________________________________________---------

No comments: