Question 1
One of the aspects learned in this course is that organization skills are critical to accomplishing objectives. Poor organization can cause one to lose track of the requirements at work or even lead to wastage of resources in case one is working on a limited budget. Well set out and clear objectives can be used as a benchmark upon which performance in a job is measured. It is through measuring the performance level that one realizes the areas that may need improvement.
Question 2
What have you learned about personal finance that you may apply to your personal life and how might you benefit from this.
One of the important lessons learned about personal finance is that saving is critical to managing investments. Most of the individuals are prone to extravagant spending instead of saving first then spend what is left. This also brings about the issue of proper planning and efficient use of finances. Prioritizing things in terms of their importance may help avoid bad situations. The same case applies in one’s life where important issues are prioritized and done first. This may help avoid wastage of resources on unnecessary items and also save time and energy that may be used to handle more constructive work or issues. Furthermore, proper use of financial resources can aid individuals to be able to set up insurance plans especially medical ones that can be very useful in case of a medical emergency. In most cases medical emergencies may require more finances than what an individual might have but having a medical insurance cover can ease the financial burden experienced at this time.
