The year 2021 has come and gone and has left behind some great lessons, most especially as it relates to our economic life and how we balance the sheet at the end of every calendar year. I have drafted my economic plans for the year 2022 and may be interested in learning some lessons from them. The number one thing is to know how much capital I have and how long can I invest in it and what are the percentage profits turnovers, after that, I will look for the right investment to invest in and how much I should invest in it. Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.
Actually if feels good for one to take measure of how progressive his or her business and investment is moving, i can remember the proceedings of taking inventory in data analysis record keeping, such method can be adopted in bitcoin by creating an excel sheet to store informations regarding your crypto transactions for record keeping, you can make use of this format given below:
Savings. Investment
1. Date
2. Start up capital
3. Amount invested
4. Description of investment
5. Cash out and date
6. Reason for Cash out
7. Others
Most companies and institution adopt inventory (record keeping) for future references and it helps take measure to be responsible for every activities carried out.