Thursday, 27 May 2010

Your Report Card after Leave School


In school, we had our own report card. We check on our report card on quarterly basis to monitor how is our academic performance. If we see there are some weaknesses on certain subjects, we be able to rectify it before it is too late.

However, when most of us are graduated from school, we do not have our report card to check on how well we are doing in the society, the quo real world. The academic report card is not useful anymore after you leave school, report cards such as your medical check up, health check up, marriage status, emotional condition and so on. One of the most important report card in our life is our personal financial statement. The financial statement is the report card for us in this modern civilization world to justify how well we are performing in our life. Ask any banker, they will not ask you for your academic report card on how many As you get. They would not say :"oh, you got good grade, let me lend you a million dollar!". Instead, they will ask for your up to dated, industrial standard financial statements. They will ask for the financial statement regardless who you are, where your from, poor or rich. Why is that? It is because the financial statement is your report card after you leave school. why? Because, it is the only way to track, monitor, and justify how well you are doing financially.

So, ask yourself, how you be able to know where are you now financially, without a up to date financial statement? The answer is obviously, you can't. It is the same concept of going for medical check up. The doctor will take a blood sample, check your blood pressure, your urine and so on. Then you only be able to come out with a report. And you be only able to know how is your health condition from the report. So, in order to get rich, wealthy, we need to have our on personal up to date financial statement. From that financial statement, only then we be able to track, monitor, rectify if necessary to archive our financial goal. It is the report card after leave school that is so important to everyone in order to success!

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