![reverse math.png](https://files.peakd.com/file/peakd-hive/sensiblecast/EogNpqKjMwqyRrByFdhRvReeLsF55pEvCF8UPv4FiXXo28pMsvbKi6ziMgn5N1zvQmQ.png)

# What's Good Hive

Today I will be making an entry for HivePH 3rd - Formulate A Budget Plan. Since I missed making for the first and second Week entry, I'll just be sharing a method or theory if you may for my self, if I will thinking of Long term budget planning. 

**Take note: this is not a financial advise, and possibly not reliable, but feel free to use it as yours, you'll never know it might works. Important thing is "What works, works.**
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# Here's what I know

So, This System is What I call "Reverse Math Theory". Forewarning this may not be applicable for everyone but if you're into **Selling**, A **business owner**, **Real estate**, **E-commerce**, **FBA** This is definitely workable for you. Now the next questions are:

- <b>How do I use this?</b> 
- <b>How can I apply it?</b> 
- <b>How can this help me long term?</b> 
- <b>Is it realistic?</b>

# How do I Use It?
So first I usually determine the amount I am comfortable with, a definitive number, which by the way with reverse math you can always adjust and you can determine pretty much from high to low or vise versa, and I do the reverse math going to the End point and back knowing endpoint number which is <b>x</b> by dividing <b>x</b> to 4 weeks and 25 days, and 12 hours in a work day.

Example:
If Comfortable amount = 100,000
If in 4 weeks = 25,000/week
If in 5 workdays in a week = 5,000 a day
(Now I know you would say that is **impossible**, and **not doable** so like I said this is not applicable for anyone and but if you are in selling or the ones I mentioned above this may work for you.)

And this is the start of the **Reverse Math Magic**

> <center><b>Ad astra per aspera</b></center>

If in **25 days** (which is minimum working days): `100,000 / 20 days = 5,000`

	 5,000 is the amount I need to earn per day in 25 days.

If in **12 hours** per day: 5,000 / 12 hours  = 416.67 per hour`

	I only need to sell 416.66 per hour for the next 12 hours in a day.

Is it starting to <b>make sense</b> now? It may seem impossible but remember I am only computing for `20 days` `12 hours` per day which, If I extend the number of days or hours or extra income that I have, it could possibly create more. This example is very conservative already.

# How can I apply it?
So like what I said earlier this very much applicable if your in any form of **Sales work**, regardless if you have a *E-commerce*, *Real estate*, or *Business*, let alone as simple as a *Canteen*

Example:

Let's say you have a **Canteen with 10 tables** at a conservative rate and you are situated near school or an office building with an occupancy rate of 600 people and you're selling 100 per meal, if I take only 30% of the 600 which is about 180 people

`180 people x 100 meal = 18,000 gross income` every day for 20 days

You possible gross income would be `360,000` per month.

If you're in an **E-commerce** **FBAs** industry, Selling beauty products, baby products, household products, and an item cost about 200 - 500 rate per item, that would be a possible easy sale right?

# How can this help me long term?

This will help anyone long term in a sense of, if the (x) amount with the number shown above, I can either increase or decrease my target goal for adjustment, I could start of `10,000` to `20,000` to `50,000` to `100,000`, personally I would go for the higher multiplier, for me its easier to adjust the number.

Now if I am reaching the higher number, and the system works for 3 months, then I would set a higher goal for the next 3 month, and so on.

# Is it realistic?

To me it is, since I already have the solution for the `target outcome`, now my only Problem to solve would be is the `How`, In which I already mentioned, this method was designed for the **Seller Type** of business. 

Another consideration are:
- Winning Products (What are you selling / Niche Market)
- Location (Where you are selling)
- Competitive (Pricing, Fast selling)

# Formulating Expenses and other Charges

<center>`X = (Gross Income) - (30-40% Expenses) - (40% Savings/reinvest) -  (20% my reward)depending on your preference`</center>

Why I set it at `30/40-40-20`? I would always assume my expense with bills, business utilities, pretty much this is a must control, `40% for savings or reinvest`, because I choose to reinvest *now* rather than later or if not just safe keep until needed, I'm a minimalist so, I only buy stuff that is *Needed*. `20% mostly for extra` or to self.


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# <center>Do you think this will work for you? How do you find this method? Do you think this is doable?</center> 
# <center>Feel free to comment below.</center>

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**Disclaimer**: This is NOT a Financial Advise nor A Professional Perspective, this is just my personal method that I wish to share. This may or may not be useful and/or may not apply to you.
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> <center><b>"Live the life you Love, Love the Life you Live" - Bob Marley</b></center>

Cheers!



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