Financial Inequalities - Is it All Your Fault?

The goal of every financial manger is to create value to the providers of finance. Value is represented by the general well-off of an individual which, in turn, is a function of the individuals' Investment, Financing and Personal reward decisions taken. What is your goal? Are you creating value for your provider if finance (you)? Many people always look for what I call "the whooping object" to lay all their financial blames on. They think it is the responsibility of the government or the company they work for to take care of their finances. I am here today to tell you that the financial imbalances/inequalities you are experiencing is all your fault.

Below are some of the reasons you are struggling financially and tips on how to overcome them.

(1) Breaking of natural Law: Investment is one natural law that is so powerful that God Himself could not ignore it. Oh come on; He invested His breath in you before you came into existence. You see, you cannot expect result when you have not made any form of investment. As important as this is, many people especially those that has phobia for figures. Accounting or some figure crunching discipline has nothing to do with your investment decision. You have to first of all make up your mind to invest then look for an investment analyst to do the investment appraisal for you. In our world of today, you don't need to know anything about anything before you can get the benefits that accrues to it. Simply look for a person that has the expertise and you are there. Again, the most important thing is to have a strong desire to do whatever you want to do in the first place. Do you want a fulfilled and bright tomorrow, then make INVESTMENT TODAY, CALL that financial/investment analyst that live on your street today.

(2) Cheap advice: Talk is cheap but only on casual basis; quality talk is not cheap nor free, in fact, there must be a price attached to it. can you take legal advice from someone with Engineering background and into some legal problems? If no is your answer, how then do you take financial advice from people who are not experts in regard. Formal training in any TECHNICAL and SPECIALISED area cannot be substituted with intuition or hunch. This is one of the reasons that people who are supposed to be doing well financially always struggle to make ends meet. Listening to quarks on financial (or any specialised) matters is like letting a blind man lead you when you have problem with your sight. Check out all the successful people in our society, you will discover they all have one thing in common; they hire the best financial expert they can lay their hands on (they also do same on all other facets of life, but our focus here is on finance)

(3) Unnecessary Delay in taking action:This can kill even the soundest idea. In fact, this is another reason why many people go unfulfilled in life when they would have been better-off if they had taken action. For instance, Many people postpone the date to start saving and investing to the extent that they eventually don't do anything about it. That will perfectly introduce us to the next reason why their is so much financial inequalities in our society.

(4) Lack of saving culture: I know you will be wondering why i have left out this point till now, well, the answer is simply that "good financial advice from your financial analyst will guide you through fund raising even when you don't have. Yes! you heard me right, "as important as saving culture is, one can still invest in sand project without having to save a dime towards the project".

In conclusion, investment based on good financial advice will surely kick out financial inequalities our society.

Author
Okwuduche Chinweike is an accountant who found joy in helping people come out of the shackles of demotivation. This he does at http://www.accountantnextdoor.com

You can also meet him at http://www.motivationmotive.com for the right kind of motivation needed to acheive desired results.

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