Finances play a pivotal role in our lives and relationships. From owning a home to raising children and planning for our future, finances color almost every aspect of our lives. The fact that we can’t clearly predict how the future will look like, we need to plan and save to reduce the risk of a personal financial crisis. For instance, we may not know when we’ll get laid off; when our car will break down or something in our house will go off; when we will get sick and get a fat medical bill. All these often times are out of our control. What’s on our control, though, is how we use what we earn.
Unfortunately, some of us have some habits that can be detrimental to our financial health, and we need help. For instance, gambling, shopaholism, frequent eating out, taking debt to have fun, unnecessary service purchases, etc. Honestly, there are things which we just can’t do on our own. We need someone to help us be financially healthy - the same way we go to a medical doctor to help us get better physically.
To be financially healthy means having the awareness of our financial situation, needs and wants, and develop plans and goals to reach the financial potential we deserve. We can’t be financially healthy out of the blue, though. We need to work for it. We need to do something. Everything has a principle. For instance, to be physically healthy, we need to eat right, sleep, and exercise. Similarly, to be financially healthy, we need to create a budget and save, set goals, practice discipline to stick to the budget and follow the rules. As a result, when we waste less, we will stress less about finances, save or save more for retirement, invest or invest more, and meet our financial responsibilities better.
It is in this idea, BUMIC Consulting devotes itself to help you develop and maintain your financial health by identifying your financial position, needs, and putting a smart goal together to help you reach your full potential.
Our finances are one of the most vital elements in our day-to-day activities. Like almost everything else, if we do not learn how to manage our finances correctly, it will manage us... and this is not fun. We can help!