The 1st criteria in financial planning is obviously INCOME.
There are many types of income. E.g. your salary, investment gains, business profits and also allowance.
When there is an inflow of income, then only financial planning as well as money management takes place. Managing your money wisely is necessary as the effort of earning money is difficult and tough. People work very hard just for the money to pay for their food, shelter and also things they need.
1 comments:
Hi Weng Fei, this seem like a very interesting blog..looking forward for the future methods you will recommend later ^^
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