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Financial Management Skills

“It is not how much you make that counts but how much money you keep” – Robert Kiyosaki, investor, businessman, and author of best-seller Rich Dad Poor Dad

Money management is the wall upon which your personal management skills sit lopsidedly like humpty dumpty. On one side, through the disciplines of successful financial management comes successful personal management as well. There is no need for all the king’s horses to put anything back together. On the other side, humpty falls to the ground and the rest of his personal management skills shatter into the pieces of a broken shell. The reason being is the discipline required for successful financial management is powerful enough to bleed its way into just about every aspect of your life. When you can assert yourself over your financial situation, you can assert yourself to the realization of your goals. Personal management becomes an even greater aspect of your life.

A 27 year old woman once stated that she was going to become a millionaire. You might scoff at such a remark but after ten years, she had earned ten million dollars and had given 3 million dollars away to charities. The woman was determined to manage her financial status in a way that brought great wealth. She used personal management skills to achieve her goal.

You can perfect your financial management skills by trying a few of the following:

• Create a budget and tailor your spending to meet its requirements.
• Save every receipt from every purchase that you make in one month and find out how much money you’re really spending. You might be surprised to find out where your money is actually going.
• Create income and expense reports that allow you to see the bigger picture of your financial situation.
• Manage your personal finances as if you were managing a business’s finances.

When you are on the road to successfully managing your financial situation, you are growing exponentially towards becoming awesome.

http://workawesome.com/management/personal-management-skills/