Si vous ne savez que peu sur votre situation financière et vos états de dépense, alors vous vivez sous une épée de Damocles. Vous dépendez des hauts et des bas du Marché, vous n’avez aucun moyen de limiter les risques et encore moins d’en tirer avantage.
Le simple fait de vouloir et donc pouvoir planifier son budget peut changer beaucoup de choses tant dans la qualité de votre vie que dans les objectifs que vous vous eussiez fixés. Planifier c’est s’aider à atteindre ses objectifs, c’est avoir le choix, donc la liberté: règle d’or de n’importe quelle entreprise.

First of all  you have to find and organise all your filings according to your life style. Your  close family or your friend have to know where to find your documents in case of emergency.

Then, you have to know what are your priorities and prepare your goals. Do not be shy to discuss about this with your family or the people you share your life with. It is important for them to understand the way you think and the way you want to manage your life. They may give you good advices and maybe help you to establish your goals.

Now you know where your want to go (what are your goals), make your budget plan. List all your variable, fixed and discretionary monthly expenditures and class them into categories and according to what you need to reach your goals. Do not forget that you have to care about savings and secure your life in case of emergency. Establishing a budget plan in a logical way helps to optimise your time and your money.

Finally, your financial roadmap is almost completed. Working on pourcentages that you have calculated in your budget plan can help your spendings to become more acceptable and balanced.

This entry is a Submission of Assignment 1, Unit 3 of WBB101 for the LLP

After having analysed and studied financial goals and standing budget we are able to see clearer and we have an idea about our overall status. Now, we will probably care a lot about our future expenses. Especially when they are not included in our goals. Since this week, we will think twice before spending our money or, at worst we can always reestimate our goals.

Maybe your small pocket budget can help to limit to alterate your financial goals.
You know how difficult it is to resist to the temptation to spend, then remember that small savings can help to have better future spending.

Quick calculus: If you save one pack of cigarettes a week (lets say 6 euros) you will probably  save  around 25 euros a month. Its almost the price of a monthly phone bill!

This entry is a Submission of Assignment 1, Unit 2 of WBB101 for the LLP

Learning about money management techniques may support your Vision Statement by having a better overview of  you financial situation (and optionally of others situation) and by planning  your budget more efficiently, using financial standards. It helps to build a safer future for you and for people you live with.
I highly recommend this LLP course to you.

This entry is a Submission of Assignment 1, Unit 1 of WBB101 for the LLP

1. What have I learnt? I have learnt a lot about :
   • eLearning: how to be efficient, how to use it in a useful way.
   • Blogging : sharing ideas, using tags ( I already knew about blogging but it is always good to “re-learn”)
   • Life of other participants of this program. They come from all over the world and share their ideas and feelings in an open minded way…
2. Why is it useful? It is useful :
   • For having the habit to keep learning
   • To work in an international (virtual) place
   • To have one more way to search for knowledge
3. What will I do differently as a result?
   • I will think differently.
   • Read differently
   • Learn differently
4. What courses might I now take?
   • ALL (one by one & as much as possible)
5. Anything else…?
   • I would thank the facilitators for the great work they have done and the time they have spent on LLP so far.
   • Then, I congratulate all participants for having attended the courses with serious, thus keeping a high level.
   • Finally, I invite Ismailis who care about knowledge to be part of this program which gives a high quality content.

This entry is a Submission of Assignment 2, Section 6 of OOL101 for LLP

I chosed this quote because it is the best one fitting easily into the title field…

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