A large part of your 2024 will depend on how effectively you plan your finances. Financial planning is not done out of the blue. In other words, your finances (incomes, expenses, and investments) do not shape out well themselves.
Rather, it requires a deliberate, step-by-step effort to understand one’s personal situation and tune one’s efforts to those situations.
Despite the above, there are general, tried-and-tested rules that, if strictly followed, can help you achieve your financial goals in this new year.
I explore some in this brief write-up.
Financially speaking:
✅ Nothing will drag you down faster than a pile of debt. Make 2024 the year that you finally get all those bad debts paid off.
✅ A better financial year starts with a better budget. Don’t go into 2024 without a budget!
✅ You can’t spend money on things that are important to you if you don’t know what those things are. In 2024, get all your financial goals on paper, so you can start spending more purposefully.
✅ No economy, no matter how bad, can hold down a goal that is followed by enough action. In 2024, be more diligent!
✅ Nothing can take the place of knowledge. No man can ever rise beyond the level of his knowledge. In 2024, seek to be knowledgeable, financially competent, and financially literate.
✅In 2024, I want to be your ideal financial planning partner. Reach out and let’s work together to map out your personal finance, business, and wealth creation strategic plan! Till then, have a #PKANified New Year experience!
#DareToBeAChangeMaker
#PositivePossibilities
#JourneyToFinancialFreedom
#MoneyMasteryMasterclass2024
By: Peter Kwadwo Asare Nyarko
Peter is the Executive Director of the Centre for Financial Literacy Education (CFLE) Africa. a not-for-profit founded to empower Africans to make sound financial decisions for themselves. He is also the founder and CEO of PKAN Capital Consulting, a personal and business financial planning firm. Peter has published several books on financial literacy, including Journey to Financial Freedom, Mastering Personal Finance, Dare to Be a Changemaker, and a host of others. As a Certified Financial Fitness Coach (FFC), Financial Literacy, Business, and Entrepreneurial Consultant, Peter continues to consult and work with global brands, especially in the financial literacy, education, and inclusion spaces.