Every businessman, investor, industrialist, government agency and politician do critically look at the budget and try to find different ways of getting their own share out of it.
Workers should specifically look at 2014 budget presentation by the coordinating Minister of finance, Mrs Okonjo Iweala to the National assembly as directed by the President.
WHAT IS IN 2014 BUDGET FOR SALARY EARNERS ?
The only direct benefit of budget is the regular payment of income (salary) for workers in public service, while economic activities determine to a large extent the direct benefit of budget for workers in private sector.
But what makes salary earners to be comfortable in and outside of work are the indirect benefits derivable from the budget. Without tapping into the indirect opportunities of budget, there are limited avenues for salary earners to have enviable success story to tell after exhausting working life or working career.
There are very few retirees today that are comfortable, not because of their reliance on direct benefits of budget, but their creativity in designing indirect ways of getting their own share of the budget has contributed to their large stream of income and comfortable life style.
This current budget favors Job creation, security, and empowerment of informal sector. Both Federal and state governments are bent on improving the status of the three major components of the budget listed. The decision to make use of Federal or state government empowerment opportunities lies solely with individual worker. With a salary account and approved land documents or C of O, accessing investment opportunities in real estate, housing and mortgage of both Federal and state government would be an added advantage to the entire workforce. In processing any of the state governments investment opportunities in 2014, political considerations and affiliations must not be an underplay in addition to other requirements.
The empowerment of informal sector is going to be our main focus of discussions, and investment penetration strategy that is to be adopted when the budget break down is made known.
Watch out for subsequent letter where detailed and practical ways of accumulating wealth would be revealed in an indirect benefit way, through a formal investment channels and platform.
For further information on asset acquisition, investment, personal finance, pre and post retirement business planning, feel free to CALL: +234 080 2756 2783 OR WRITE TO : P.O Box 11130 Ikeja, Lagos- Nigeria
No comments:
Post a Comment