Steemit Engagement Challenge (SEC)| S12W1- "Finance and Me" || 25% to null

How do you view finance

Do you have all you need or are you facing financial difficulties? What are you not able to accomplish due to finance? Mention 3 of them

What can you do to be able to wisely manage what you have in the meantime?

Who do you run to for help in times of financial need?

Source

Good day friends, i am really glad bouncing on this episode of steem engagement, before i continue I must really complement the team for such an amazing contest 👏. The contest topic seems very interesting.

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>How do you view finance

In our current generation the importance and influence of finance can never be avoided because, the whole world is currently held by this finance idea, to those that still don't understand I going to give a brief of information about finance.

When talking about finance we are talking about money, assets, and liabilities or any stuff that holds physical value. It centers on the distribution, saving, and use of financial resources in order to achieve particular goal and maximize wealth. Trading, personal, business, and governmental actions all include a important component of finance, which affects economic growth and stability.

finances are managed in order to achieve both short- and long-term financial goals, such as buying food, buying clothes, purchasing properties, paying for education, or retiring comfortably. It includes planning for investments, stalking, earnings, budgeting, and risk management.

Decision-making in the whole world is heavily influenced by finance, Even in our local homes decisions are all influenced
wealth. The goals of corporate finance are to increase shareholder value through capital raising, investment selection, and risk management etc. When determining the best financing options, financial managers study data, evaluate project profitability, and make these assessments.

Government receipts and outlays are the focus of public finance. With a focus on preserving fiscal discipline, it seeks to guarantee effective resource allocation for public goods and services. Taxation, spending, and debt management are all aspects of this discipline.

Funds are moved across the economy more easily thanks to online exchanges, mobile banking, financial markets and institutions. They include the fiat, crypto, stock and bond markets as well as the banks and insurance firms that offer vital services like risk transfer, liquidity provision, and capital allocation etc.

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Do you have all you need or are you facing financial difficulties? What are you not able to accomplish due to finance? Mention 3 of them

I doubt there is anyone totally satisfied with all the have, even richest still hustle hard for more money, according to a famous Nigerian musician known as burna boy. In on of his music he said

even Dangote (Africa richest man) still dey find money, who I be not to find money.

If the richest still need money, who am I not to need money in this bad economy, the things I need money for are so many but I would be listing the three most important needs.

Source

The First on my list is helping my brother buy a more efficient and lighter artificial leg 🦵, in the year 2016 my brother was diagnosed with serious diabetics. This diabetic caused him very painful injuries on his leg and this injuries rares get healed, due to several pains the doctor said my brother right leg was be amputated.

Since the amputation my brother was managing a cheaper and very heavy artificial 🦵 leg due to so much money was spent for the treatment and operation. Due of the weight of the leg he rarely do things or move when he wants to do and I also feel his pain.

If I have financial assistance or have enough money I would surprise him with a new and lighter artificial leg and I know he will never forget it.

I actually deleted all the operation photo, there were so sorrowful to look at.

My second would be supporting my parents in training my younger siblings, I am so so desperate to make my parents proud and relief them from all sorts of stress. If I have enough money, I would tell my parents to go on year holiday then I would carry all their responsibility on my shoulder and fight all the battle.

The third of them would be investing so much in steemit, steemit really helped me out in so many ways and I am really would gladly invest Millons if I have my way and take steem price to the sky

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What can you do to be able to wisely manage what you have in the meantime?

I do three things to manage my condition, I earn, invest and save. To me this are the best strategies to mange financial condition, some people only save without investing or earning but this is wrong because condition and experience has thought me not to hope on savings.

Only saving might still lead to brokeness, in life needs always arise and as we grow older this needs grow bigger and more expensive, so the only way to survive is try multiply what you have

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Who do you run to for help in times of financial need?

To be sincere, I rarely have anyone except steemit or my centralized account because, in this world no one would give a guy anything for free. That's why I am trying my best to work harder,in other words I work harder if I need something urgently.

I have parents that I could run to but I believe at this stage I should provide for them so I don't ever bother them with financial needs, although as parents the always try their best to convince me to run to them if I need anything.

Conclusion

In conclusion I would say finance is a very vital aspect of our lives, without finance the world would not be stable. As long as profit and loss is involved I would say finance involved.

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Thanks for going through, always remember starrchris cares ❤️.

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