Financial Discipline
Your success does not depend on how much you have, but how much can you can utilizes.
We all have the basic needs.Our salaries and income are measured against the inflation.
The Employers depend on the inflation.
The other factors are the profits, expenditure as labour is classified of non- profit.There are no
external rules or percents which stipulate how much the labour should receive.
The Governments measure the salary against
(1) Qualifications (2) Experience (3)The Weight or the Volume of the work which includes the rank.
Moreover the private sector looks at how much you bring to the company.They also look at your past performance and the contributi to the production which is measured by the outcome.
In the past most companies paid their workers weekly,but as the time went on they opted for the monthly payments.
The Financial Discipline will mean to utilizes your
salary and save what remains.
What I have seen.,the financial flow is disturbed by:
-Demands
-Wants
-Financial ill-discipline
-Friends
-It responsible Family members
-Demands
The Demands can be divided into two main categories.The immediate ones are like Bread and
Gasoline.The Payment of Demands which accumulated are Electricity and Soap
-Wants
The Wants are not important.
The good example is the Unlimited drink of Liqour.
Financial ill-discipline
Buying for everybody.
It is when someone wants something,you just buy with no question.The money is Free.There are no loans.Anything advertised is bought.
Friends
It is when someone meets friends, the money is pumped out.
Irresponsible Family Members
There are family members who keep on demanding money because they are always in serious trouble.They exploit your good heart.
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