2 AGRIBUSINESS - 2.36 – FINANCIAL PLANNING MYTHS

 
ORGANIC FARMING COURSE AGRO-ECONOMY
2 AGRIBUSINESS - 2.36 – FINANCIAL PLANNING MYTHS







From Mwaba Mupinde-Ngenda
  · 
𝑭𝒊𝒏𝒂𝒏𝒄𝒊𝒂𝒍 𝑷𝒍𝒂𝒏𝒏𝒊𝒏𝒈 𝑴𝒚𝒕𝒉𝒔 𝒀𝒐𝒖 𝑵𝒆𝒆𝒅 𝑻𝒐 𝑺𝒕𝒐𝒑 𝑳𝒊𝒔𝒕𝒆𝒏𝒊𝒏𝒈 𝑻𝒐
 
𝑴𝒚𝒕𝒉 𝟏: Financial Planning is only for the wealthy.
𝑻𝒓𝒖𝒕𝒉: One of the ways to a higher net worth is through financial planning. Financial planning is for everyone. If you earn an income, manage expenses, have future financial goals or objectives then financial planning is a must.
 
𝑴𝒚𝒕𝒉 𝟐: Financial Planning is only investing.
𝑻𝒓𝒖𝒕𝒉: Investing is a component of your financial plan. A financial plan is a comprehensive picture of your financial position, your financial goals and strategies to meet those goals.
 
𝑴𝒚𝒕𝒉 𝟑: Financial Planning is a once off activity.
𝑻𝒓𝒖𝒕𝒉: It’d be great to simply write one financial plan and then follow it to success throughout life. However, it’s highly unlikely that your personal and financial circumstances will remain the same throughout your life.
Your income may increase or decrease, your financial responsibilities or obligations may change, your financial goals may change, and your risk tolerance may change over time as well, etc.
Once you create your financial plan, it is important that you take the next steps to work the plan by taking action and also reviewing the plan on a regular basis to ensure you are on track with your goals and that it still aligns with your current circumstances.
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I hope this information helps you make better or confident financial decisions✨
#financialplanning #financialliteracy #financialadvisor #educator
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KOZI YA KILIMO HAI KILIMO-UCHUMI
2 KILIMO - 2.36 – HADITHI ZA MIPANGO YA FEDHA
Kutoka Mwaba Mupinde-Ngenda
 ·
𝑭𝒊𝒏𝒂𝒏𝒄𝒊𝒂𝒍 𝑷𝒍𝒂𝒏𝒏𝒊𝒏𝒈 𝑴𝒚𝒕𝒉𝒝 𝑴 𝑵𝒆𝒆𝒅 𝑻𝒐 𝑺𝒕𝒐𝒑 𝑳𝒊𝒔𝒕𝒆𝒏𝒊𝒏𝒈 𝑻𝒐
 
𝑴𝒚𝒕𝒉 𝟏: Mipango ya Fedha ni ya matajiri pekee.
𝑻𝒓𝒖𝒕𝒉: Njia mojawapo ya kupata faida kubwa ni kupitia mipango ya kifedha. Mpango wa kifedha ni kwa kila mtu. Ikiwa unapata mapato, unasimamia gharama, una malengo au malengo ya kifedha ya siku zijazo basi upangaji wa kifedha ni lazima.
 
𝑴𝒚𝒕𝒉 𝟐: Upangaji wa Fedha ni kuwekeza pekee.
𝑻𝒓𝒖𝒕𝒉: Uwekezaji ni sehemu ya mpango wako wa kifedha. Mpango wa kifedha ni picha kamili ya hali yako ya kifedha, malengo yako ya kifedha na mikakati ya kufikia malengo hayo.
 
𝑴𝒚𝒕𝒉 𝟑: Upangaji wa Fedha ni shughuli ya mara moja tu.
𝑻𝒓𝒖𝒕𝒉: Itakuwa vyema kuandika mpango mmoja wa kifedha na kisha kuufuata ili ufanikiwe maishani. Walakini, kuna uwezekano mkubwa kwamba hali yako ya kibinafsi na ya kifedha itabaki sawa katika maisha yako yote.
Mapato yako yanaweza kuongezeka au kupungua, majukumu yako ya kifedha au majukumu yanaweza kubadilika, malengo yako ya kifedha yanaweza kubadilika, na uvumilivu wako wa hatari unaweza kubadilika kwa muda pia, nk.
Mara baada ya kuunda mpango wako wa kifedha, ni muhimu kuchukua hatua zinazofuata ili kufanyia kazi mpango huo kwa kuchukua hatua na pia kupitia upya mpango huo mara kwa mara ili kuhakikisha kuwa uko kwenye mstari wa malengo yako na kwamba bado unaendana na hali yako ya sasa. .
_
Natumai maelezo haya yatakusaidia kufanya maamuzi bora au ya uhakika ya kifedha
#financialplanning #financialliteracy #financialadvisor #educator



 


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