There are certain documents that every adult should have. This is not about official documents, but about specific documents that will help you to plan and implement the case.
Below is our recommended list:
Personal manifest – is a declaration of your core values and beliefs, the ideals and goals of life that you have. All of this pushes you to action.
In the manifest you must indicate at least:
- Specifically how you deal with failure and mistakes
- What mood do you choose in different situations of life
- How you treat your own body
- How you treat money
- How you treat your time
- What values guide you in life
- In what do you believe
2. CV or portfolio
CV reflects your experience and highlights your achievements. You need to have an updated CV, even if you work. Why?
- You may need a CVto conduct any business negotiations
- You may get a better career offer
- People who are looking for talent for their company may come to you.
- You may suddenly lose your job
The same is for portfolio. Put inside everything you do on a professional level and are proud of it. You never know what the employer will be interested in. In that case, you will always be ready to look for new opportunities.
3. Career plan
A career plan describes the steps you plan to take in your work life. It can be a very simple or vice versa detailed plan.
The plan should include: your personal skills, career goals, education, and more.
4.Personal account: Income and outcome
Creating personal accounts can help you determine how much money you earn each month. The first step is to determine your monthly income. Start by determining the amount you are actually earning each month (salary, bonuses, etc.) after the income you can earn. for example:
- The amount received from the second job
- The amount received from the freelance job
- Income from deposit
- The amount received from dividends
Once you have fully calculated your monthly income, calculate your monthly outcome – how much you spend on food, rent, insurance, etc. The last step – calculate your net income. To do this, subtract the total outcome from the total income. If the number obtained turns out to be negative, it means that you are spending more than you earn. Knowing where you are now will help you get where you want to be.
Balance – is a check of what you have and what you hold. Start by identifying your assets. This can be cash, balance on current account, real estate and personal property. Once you have calculated your assets, determine your liabilities. This can be for example credit debt and mortgage.
Calculate your liabilities. And last subtract the liabilities from the assets, to understand what funds you own.
This is a list of things you want to accomplish in life. It is advisable to buy a beautiful book in which you list your ideas and plan to implement them. The list should include all areas of your life: travel, finances, relationships, hobbies, education.
The majority of people make mistakes, they just list the fun things, and then they don’t realize how to achieve it with a small budget. So carefully compile a list.
7. Pension plan
Retirement plan – this is a plan of savings and investment, it should record what will the income provide in old age. When do you plan to retire? How much will you need? Where would you get this money from? All of these questions need to be answered in the retirement plan.