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FREEING YOURSELF FROM FINANCIAL INCAPABILITY by mayorkeys

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· @mayorkeys ·
$0.31
FREEING YOURSELF FROM FINANCIAL INCAPABILITY
There are lot of things which can be done in other to be free from financial incapability and once this is done there is a high possiblity of hitting it big. So most venture into business not knowing what they are to do in other to keep the business running and also having the money to sustain the business without facing much problem. Once there is a capital for one to start a business, the next thing to think of is how the money which one pour into the business won't be a waste so in other to keep it running.
![image.png](https://i.imgur.com/2EEMe6M.png)
[Source](https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcSZlEzItjuc7o6_2ATsGGH-MT67947VJVvkCA&usqp=CAU)
# some of the things to take note in other to be free from financial incapability

# 1. SETTING OF BUDGET
This is one of the things which must be considered if one wants a busines to continue running normally, you set the amount what you want to be spending on a daily basis or the total amount of money you are going to spend in a month, this will prevent one from overspending or loosing out money anyhow. Most people who are into business don't really set budget for themselves and thinking you will see those money you spend lavishly back so easily will be so hard because it is detrimenting the state of business. Budgeting is a guide for anyhow into business as it will help sustain it for longer period
![image.png](https://i.imgur.com/MLXRZVv.png)
[Source](https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcR7cMuz-uTlcDkiU49C7AX8k9u7gIpocNJTwQ&usqp=CAU)
# 2. LOOKING FOR AN ALTERNATIVE
Most people who are successful in their business which they venture into don't have one stream of income and I can bodly say that. A real business man doesn't stay on one business as he will be thinking outside the box on how to earn more for him to increase his wealth so they don't depend on one thing which bring them money. They venture into two or three business finding an alternative for their businesses.

# 3. CLEARING OF DEBT 
The biggest business men also go out for loan in other to support their business and what makes it different from others is that they pay back their debt after making their profit from the loan which they get and debt is one of the factor that kills business because once it set it and the debt is not cleared the profit which is gained in the business will be used to clear the debt which can cause set back. 

If there are more to ways which financial incapability can be solved I will like to see it in the comment section

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@mayorkeys/freeing-yourself-from-financial-incapability)
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