Budget is a tool that helps you manage your financial expenses over a period of time.
Factors that are prominent to construct a budget are:
1. Your aspirations or what you want to do?
2. Your priorities determine how and when you allocate your funds for a certain goal?
3. Third and most important factor is your financial capacity towards a particular goal.
On the basis of these parameters let us see how we arrive at a good financial budget for SFI.
Your two prime most goals should be:
1. To determine a level or rank you want to achieve and allocate funds towards realizing it. It would be almost constant every month.
2. You would like to allocate some funds to grow your team. May vary each month.
In next step, determine the various tools and products available and choose the best out of them which would become part of your budget purchasing in months to come to fulfill your above goals.
T Credits pack that comes with good amount of SVP should be one included into the list. You can choose from Pack of 100 T credits with 1200 SVP; 125 T credits with 1500 SVP and 100 AVP for SO and so forth depending upon your rank requirement. You can utilize them well enough to be active on Tripleclicks, bidding for products; playing games and winning exciting prizes for yourself.
To grow your team you should have either PSAs to go; S- Builder co-op; or any other products ECAs has to offer to build your team. This would also help you start your commissions check from the word go.
I would say you start these two things from the beginning i.e. from first month and keep adding products as per the financial limit of expenses you have drawn for a month.
This draws a conclusion that:
1. If you want to be as EA in the beginning you should have a minimum budget of $51 to create a SO to take care of your rank and growth.
2. If you want to be as BTL from the beginning you should have a minimum budget of $58.25 to create a SO to take care of your rank and build a ever growing team.
Beyond this sky is the limit and you can spend as much as you are comfortable with?
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Budget is a tool that helps you manage your financial expenses over a period of time.
Factors that are prominent to construct a budget are:
1. Your aspirations or what you want to do?
2. Your priorities determine how and when you allocate your funds for a certain goal?
3. Third and most important factor is your financial capacity towards a particular goal.
On the basis of these parameters let us see how we arrive at a good financial budget for SFI.
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