Secrets to Financial Wellness and Wealth Creation

Secrets To Financial Wellness And Wealth Creation

Financial empowerment and wellness is what everyone desires to be on top of their finances and become financially stable to be able to meet and cater needs that are always ballooning.

A financial consultant training members during  a past education day forum

So beneficial is financial wellness that Imarisha Sacco has over time unveiled series of educational tours in its catchment areas through the month of March to May.

Below are some of the highlights of training sessions in the past foras.

Plant several  financial wealth trees that brings steady supply of income.

This way you will be able to get income from several sources and remain a float in terms of finances. You will also be prepared for unforeseen emergencies that can arise. The same also will be able to cater for your needs to avoid sinking into debts that could be disastrous to manage.

Budget your resources well to avoid debts.

A member registers for education  day forum

Managing debts can be a problem if you don’t budget your resources well. You will end up buying things you don’t need and leave out the things you need or are important.

Save and Invest for your future

The best way to earn money is through saving and investing. This is the only you will pay yourself and, meet your financial needs easily as you climb the ladder of financial independence. Remember a penny saved is a penny earned.

Manage your debts very well to avoid financial crisis.

Write down the debts and loans you have borrowed and prioritize when repaying them. Start by repaying those loans that have shorter repayment period so at to be on the save side and avoid being blacklisted from accessing more loans.

Take a loan after identifying a project you want to undertake.

Do not take a loan after repaying the previous or because your friend or relative has taken. This is way you will be able to be financially well.