There are times in our lives when we hit a financial stump; we can’t seem to get a proper hold of our expenses or our savings are slowly dwindling and we don’t know why. But, the good news is that you can still get out of that stump and turn things around
In case you missed this #EllanaLifestyle session aboutSustainable Finance in Time of Crisis, here are some tips to gain financial wellness from FINbassadorRynah Ventura:
A statement of income shows you sources of your income (inflow) and where you use it on (outflow). You have to be diligent in recording what came in and what went out, and in computing the difference. The result, which can be a deficit (negative), a breakeven (somehow positive), or surplus (positive), should help you assess better.
When we hit a financial crisis, keep in mind these goals: survive, sustain, and succeed. Remember these tips to help you achieve those goals:
Want to learn more about managing your finances better? Watch our entire #EllanaLifestyle session with Rynah Ventura below:
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