Personal finance management

Investment is integral part of mankind advancement strategy. This takes various forms including investment with money. To optimize investment, requires proper planning before the resource is available.

Because of this, the accepted time to decide investment plan is now.

One thing that might aid investment decision is knowledge of proportion of resource to invest and how in all, the resource is apportion amongst needs.

To guide in resource proportioning amongst several needs, it might be useful to consider for adoption resource allocation formula as prescribed by Joseph, the eleventh son of Israel.

I will that earning capacity is adequate and sufficient to satisfy this ratio item by item proportion regardless of life exigence in the good pleasure of the LORD, amen. Therefore, Father cause this be even so by the LORD making in Jesus name, amen.

Now, Joseph established the following pattern for personal resource increase distribution:

• Governors proportion for say, tax.
• Seed proportion, say, for investment or ploughback returns.
• Household proportion, say, for every member within ones home. In general, goes for generosity.
• Little ones proportion, say, for your sons and daughters purpose.
• And couple proportion.

In a nutshell, Joseph formula emphasis the following:

• Taxation on investment increased of citizens during economy trial time should be 20%.
• Savings or reinvestment from investment increased should be 20%.
• For social responsibility purpose, 20% also should be set aside. This account for household proportion. Elements of household include: God ordained servant and sons, men and maidservants, orphans and widow within ones gate, stranger or neighbor within ones gate, sons and daughters, and couples. In a sense, one tenth goes for tithing, while the other one tenth goes for the generosity which might also include beneficial of the tithe on God behalf.
• And the family allotment should be 40%. This is divided between children and couple equally. In a sense, in today contemporary, 20% should account for children learning and shelter, while 20% accounts for family upkeeps in other areas.

What constitutes other areas is at individual discretion, but not more than 20% should accounts for this other areas constituents.

Many more life guiding principles might be derived from the wisdom of resource distribution as exemplifies by Joseph, the eleventh son of Israel.

Trust, this resource distribution formula will be well received and impactful both in the short and long run, amen.

God blessing and blessings always, amen!