Setting Up a Scale Of preference; A Way to Maximize Limited Finance

in #dtube5 years ago


In a situation where you're fazed with limited finances, the best way to maximize to limited funding to attend to needs that carry weighty importance is to definitely set up what we economicallu call a SCALE OF PREFERENCE


Why scale of preference?

A scale of preference helps you develop an opportunity cost putting your most important needs above your wants through analysis done by you. Expecially in African countries where earning may be limited, in this video I explain the ways through which a scale of preference can be set.


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Thank you for going into detail on the scale of preference. Enjoyed the video.

Thanks for watching, and I'll be voting your posts again when my voting power recovers again.

Prioritizing the needs, based on how important or essential they are. Nice creation there.

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