STREAM 26: SOCIAL RE-ENGINEERING PROJECT (S.R.P)

STREAM 26: SOCIAL RE-ENGINEERING PROJECT (S.R.P)

04:32

 Copyright © 2013, Marketplace Strategist. All rights reserved.

The problem does not lies in getting finance but managing it according to dictates of our life's assignment. We often feel the urge to always buy even if it does not fall to our needs list.
Financial accountability is at best knowing source of your finance and how you spend it. Before spending you must identify asset versus liability, need versus want. Your asset is anything that create value for you or which you place value on. So asset could be liquid, tangible or intangible.

While your needs are the basic essentiality for daily living. Once you can diversify your asset, needs then you are properly position to know where you channel your finance on. Notice, not everything that daily calls for your attention is what you give thought of purchasing. Some are just want which may end up being junks, some are need and some does not belong to either.

Do yourself good by counting the cost because human want are insatiable but human need can be satiable when you classify them into primary -those urgently needed which most of the time are physiological need and secondary, those that range from social security, self esteem and affiliation.

- EMMANUEL Abiona
#PROFILING YOUR FINANCE#

 NB: S.R.P is social responsibility initiative of WEALTHBROOK Brand (Human Development Firm) and is Live daily on this blog, www.facebook.com/eschoolofentrepreneurship and www.twitter.com/emmnuel_abiona from October 1st - 31st, 2013. Make it a date with us.
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