HOW TO MONITOR YOUR CASH FLOW IN 2016!

Many of us have resolutions that we aim to achieve before the end of
the year! They may vary from individual to individual. Some may want
to own a car, start a business, finding employment, owning a piece of
land etcetra.

Today my main focus will be about keeping track of our cash flows.
Financial issues are very sensitive and need to be handled with care.
You may find some people spending all their earnings without even
saving a single cent. While others punishing themselves by saving very
big percentage of their earnings and spending very little.

We must find a balance when dealing with our finances, we should save
while we enjoy ourselves on the other hand. There is no point of
spending all your salary and later start borrowing to meet your daily
needs! I'm not saying that borrowing is bad, all am saying is that borrowing for consumption of is poisonous! Know what goal you are saving for, do you want it badly enough  you can sacrifice for? Determine the timeline you want to achieve that goal. Do your math and know what percentage you should save towards it. Before you start spending your salary, you must save first.

On the other hand, one needs also to enjoy himself/herself. There is no point of working very hard yet you don't appreciate your body! One must enjoy the fruits of his or her labour.

I pray that in 2016 we know how to deal with our finances. We should invest as we enjoy ourselves!