What is the meaning of Financial vitality
Dear Student,
Financial vitality means a path to Financial Independence and Freedom. Financial independence is the status of having enough income to pay one's living expenses for the rest of one's life without having to be dependent on others.
There are many strategies to achieve financial vitality. To achieve financially independent/strong/ vital, it is needed that the company or person have a financial plan and budget, so to know what money is coming in and going out, have a clear view of your current incomes and expenses, and it can identify and choose appropriate strategies to move towards its financial goals. A financial plan addresses every aspect of company's finances.
Regards
Financial vitality means a path to Financial Independence and Freedom. Financial independence is the status of having enough income to pay one's living expenses for the rest of one's life without having to be dependent on others.
There are many strategies to achieve financial vitality. To achieve financially independent/strong/ vital, it is needed that the company or person have a financial plan and budget, so to know what money is coming in and going out, have a clear view of your current incomes and expenses, and it can identify and choose appropriate strategies to move towards its financial goals. A financial plan addresses every aspect of company's finances.
Regards
