LOH #134 // How can I be financially secure
Hello my beautiful People @ladiesofhive community, how are you all doing, I hope your are all doing great in your various places. It took me a while before participating in this week contest because there are many ups and downs which have been going on with me. I'm sure everybody have there own share of ups and downs and we are all dealing with it in different ways. This week questions are sensible ones, thanks to @justclickindiva for this great questions.
Some individuals are excellent planners when it comes to money matters. Others are not. If you are financially secure, how and when did you become so? If not, how do you plan to become secure in your finances?
Financial security to my little knowledge is to have enough financial asset which can cover whatever expenses without the fear of going financially unstable been in time of emergency fund or during the retirement.
I'm not yet financially secure but I'm trying to be. They said it is good to start saving early it you have capability to do so. I've been trying to start saving but the income is not yet flowing properly and that is why I'm trying to minimize my spending habits in order to fit in the with the savings plan that I have.
And also diversification can also make it easy to be financially secure and I've been thinking for a while on how I can go about it and diversify my little business. Thinking about what other things that I can do in order to increase my income rate.
Facing one side of a business is not the best in this our current economy status so that is why I'm planning is diversify my business. It might not be now but it is certain that I will be financially secure in the not so far future. Maintaining the little I have now is my priority since I don't have another means.
Thanks for checking on my blog and have a wonderful day
diversification is a good strategy I wish you good luck in your business
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Thank you
That is good, being intentional about saving and are doing things to make it work. I wish you the best on your endeavors.
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Thank you for your great comment I really appreciate it.
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