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Financial Management !

Now a days every person is worry about how to meet daily expenses and how to increase earning at maximum level. Our educational system is design to deliver degree and little bit education to perform jobs instead of developing student for business. After getting the degree, student goes for getting the jobs and they are stuck with limited way of earning.

 

There need to understand first that what are areas where more chance of earning are available, as per “The Cashflow Quadrant” there are 4 areas of earning. E & I are on left side and B & I on the right side. The diagram below better explain it. You can be in all Quadrant but most people are not. The goal is the progress through the arrows and become more on the right side of the table.

 

  • Employee (E) – known as job
  • Self- Employee (S) – Small business man or self-employed (Doctors & Lawyers)
  • Business Owner (B) – Big business
  • Investor (I) – People invest the Cash

Rich persons always make assets first (those assets which create money) and then get assets for accessories & luxuries.

 

There need to develop the skill to earn more without or with low investment. Online earning is the best tool to come over these issues. There are money way of online earning which will be mention in detail in other post.

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