Mr. George Kwaku Asiamah, the Head of Global Business Corporate & Investment Banking at Fidelity Bank Ghana Ltd, has urgued Ghanaians to adopt the habit of creating financial plans.
Speaking on e.TV Ghana’s ‘Live Chat with Paul’ the Investment Banking expert said it is very important that everyone keeps a financial plan and ensure that the plan is reviewed as time goes by.
“As one works and lives, you need to plan financially, you need to sit down and take your time to draw the plan. We should know that what is not measured is not well taken so it is imperative that as the year goes by, you analyze what you have done and put a plan B in place,” he stated.
He further said that Ghanaians should ensure that they set SMART goals.
Goals need to be evaluated and reviewed. There are times you need to modify the goals that have been set due to circumstances that are beyond our reach.
Below are some of the things that influence the modification of goal plans;
1. Modify plans as time passes by.
2. Modify plans when situations change.
3. Modify plans when your income changes.
4. Modify plans when the number of dependents changes.
5. Modify plans when you set new goals.