Everyone wants to get that WOW! feeling.
Everyone want a family, better job,good house and worth investments.
To achieve all this you need to work out plans towards all this, such as:
Steps to follow to come up with each plan and implement it:
Step 1: Analyse the need
Step 2:Get the alternative solutions for every need
Step 3:Get the infromation related to each solution
Step 4: Establish the best solution through cost benefit analysis.
Step 5:Implement the best solution above
Step 6:Review/Monitor the results.
For example if you want to buy a vehicle do as follows (It works 99%)
Establish whether you need a vehicle.
Describe the use of the vehicle if needed( maybe for business or a family vehicle
Determine the type of vehicle you need( either a small saloon car,pick up,lorry etc)
Determine the car model you need(whether Mercedes,Nissan,Mitsubishi) analyze this in terms of fit for use,maintenance,fuel use,availability of spare parts,manual or automatic)
Determine the amount of money available and the mode of financing the asset( whether personal savings,bank loan,Sacco or Chama loan or Staff car loan scheme)
Do your cost benefit analysis by estimating the expected income/savings against the initial money injected to purchase the car)
If the project is feasible execute it if not go back to the drawing board (Step 1) #ALL THE BEST
You can use this process for both individual or group projects.
N/B: ALWAYS SEEK PROFESSIONAL ADVICE WHERE NEED BE!
Everyone want a family, better job,good house and worth investments.
To achieve all this you need to work out plans towards all this, such as:
- Family holiday and bonding plan
- Job search plan
- Career enhancement plan
- Mortgage or Own House plan
- Savings & Investment plan
- Asset acquiring plans
Steps to follow to come up with each plan and implement it:
Step 1: Analyse the need
Step 2:Get the alternative solutions for every need
Step 3:Get the infromation related to each solution
Step 4: Establish the best solution through cost benefit analysis.
Step 5:Implement the best solution above
Step 6:Review/Monitor the results.
For example if you want to buy a vehicle do as follows (It works 99%)
Establish whether you need a vehicle.
Describe the use of the vehicle if needed( maybe for business or a family vehicle
Determine the type of vehicle you need( either a small saloon car,pick up,lorry etc)
Determine the car model you need(whether Mercedes,Nissan,Mitsubishi) analyze this in terms of fit for use,maintenance,fuel use,availability of spare parts,manual or automatic)
Determine the amount of money available and the mode of financing the asset( whether personal savings,bank loan,Sacco or Chama loan or Staff car loan scheme)
Do your cost benefit analysis by estimating the expected income/savings against the initial money injected to purchase the car)
If the project is feasible execute it if not go back to the drawing board (Step 1) #ALL THE BEST
You can use this process for both individual or group projects.
N/B: ALWAYS SEEK PROFESSIONAL ADVICE WHERE NEED BE!
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