Sapa Budgeting
Hello folks. I hope you had a good rest during the holidays and are back to work refreshed. Congratulations to all our Muslim brethren on the completion of a successful fast. I also hope that 'Sapa' didn't hamper your celebrations too much.
We are still on the topic of budget and budgeting. Last time we looked at certain preparations that are needed to make your budgeting journey easier. Today, we will look at a few more things before we delve into the last part of Sapa: Budget and Budgeting.
To successfully budget, you need to:
Know your figures - This means you must know your income, profit, investment, debt, expense, bills and other figures necessary for your budget planning
Know your figures - This means you must know your income, profit, investment, debt, expense, bills and other figures necessary for your budget planning
Also, you must be willing to be flexible and have the ability to adjust and make changes
You must be willing to carry out regular evaluation and be amendable to change where need be
Finally, you must remain on track. To do this, one must strategise, review, replan, be ready to make changes in keeping with economic realities and take necessary steps to implement action points
