Finance

This word has been on the lips of virtually every person who has reached the age he or she is expected to take up certain responsibilities in the family or environment where such person finds himself or her self,before I go I would love us to know the meaning of finance.

Finance is defined as the management of money and other assets,it could again be defined as a system of obtaining funds for carrying out some transactions.Every thing that has to do with finance centers on money,Money I would assume is finance itself.

So let's move back to the topic of the day.So many people have not been able to bring into existence their ideas as a result of finance, equally some who did but encountered difficulty or shortage of it in the long run are now back to square one so the issue is one to be taken into a deep research so that one can be able to maximize his or her goal along the line.Here are some laid down tools on how to get finance or I would call it money

1) Borrowing from one's family members or even from one's relations .

2)The money lending institutions such as microfinance banks and some institutions that offer credit facilities.

3)One could still go ahead and save part of his salary inorder to kick off a very good business.

Now achieving a goal or one's target depends on the decision made by such a person,negative decisions definitely would lead to the collapse of the business in most situation while it could even throw the person behind the business into unimaginable debts which leads to some health related problems. Now all of these then means that one must be very careful inorder not go the wrong way.

One of the mistakes that most people make all the time is Borrowing money from these financial institutions to fund their way of life,some borrow not because they want to invest but because they want to taste the life that they are not yet ready to fight for or willing to make sacrifices for ,u could imagine one going to borrow money inorder to burial a loved one which will inturn take a sharp cut on the borrower so is equally going to borrow money inorder to finance an ostentatious wedding ceremony and so on as the list is endless .Before one goes about borrowing money the reason or motive should be well ironed out and it shouldn't head in any other direction apart from using it to make money which along the line would be the best result for it.In the case of not having a well mapped out plan on how to invest the money,the person who happens to be in control of it should employ the work of a financial advisors who would go a long way in Making him cautious of how to manage his money inorder to miximize profit in the long or short run as the case maybe.

Though that so many people are equally afraid of Borrowing money due superstitious belief and others due to lack of credit facilities or unimaginable interest accrued to this money by the lending institutions.All of these would not deter a person whose passion and will to succeed is extremely high though we ve seen or come across so many articles where people claim that you don't need money to make money but the truth is that sometime somehow somewhere there would arise a need to borrow money inorder to build that empire u ve always dreamed about.