4 Cs

In banking, the mechanism of the 4 Cs apply to the approval of loans. The 4 Cs are merely an indicator for the borrower to purchase money from the bank. Banks are regulated institutes by the central bank which is Bank Negara in Malaysia. There are certain requirements that one need to follow in order for their loan to be approved. First of all, you must be financial sound. Normally this is done by looking at our income or cash flow. We must be attached to a company or organization. If you are a business man, you have to look at your cash-flow. Besides that, the bank will do a complete search if we are still owing money to other organization or government service. There is a check-and-balance to avoid any bad loan. This is to keep safe the bank's interest so that there is no unforeseen circumstances such as wounding of the bank or worst, financial crisis.

Today the 4 Cs apply outside of the financial scope. It is important in every relationship. This 4 Cs are different compared to those required by the bank. In a normal circumstances, it is common for both parties in a relationship to spend. It is only right for the dominion party to spend his opposite gender. This is call gentlemen. What than are the 4 Cs?

They are no other than cash, credit, condo and car. Try without one of this and you will find that a relationship would not last for long. It is not call lust or anything but it is only right that these Cs shall keep the relationship going. Wow, these all seem too challenging. Yes, it is. Okay, this is nothing but planning out well. Just like planning when to have kids. The same old process. As the saying goes, you fail to plan; you plan to fail. Always stick to the plan and you will see the magic no doubt sometimes there are some blockage in between but always follow according to the plan and everything will be just fine.

Some crack their head for something so simple. It is very common. You might have thoughts that regulate yourself but it is fine. Regulating oneself is a good thing but it is the extra mile that we go through in order to be successful. This is another way of keeping a relationship going. The pain might be excruciating but a little exercise it will surely be a true success. A little believe is also important.

It is a reality. Do not start a relationship if you got nothing. You surely end up miserable. Miserable as a beggar. It might sound false but think about the future. Don't you think it will be bright. Many couple go their separate ways due to financial matters and this is proven. If you are a responsible person, you would think like wise and have earning capacity before having a relationship. Some might have the support from their parents but that support won't bring you far. In fact, you will be treated as a baby or no better than a baby. People will laugh at us spending our parents money on someone else. Isn't that accountable or matured?

There are so many ways today of making valuable cash. All you need is to follow the plan. A lot of people just give up while they are faced with difficulties and they just go into solemnity. Yes, we have to admit our weakness but not be over taken by our weaknesses. This is sort of a challenge. It is same when you are over-weight and trying to go fit. The first time is a mountain to climb but after that it is all sailing smoothly. We must keep our mind fairly open to see the broader picture and it will be definitely blur at first but it gets more blur along the way until we hit the right note to walk through that blur path. We must have good imagination and vision.

Everything has a start. Why not start with something which brings you to places. It is always the case of mobility. We have to go places. To the shop, to the mall, to work, to church, to friends place and so on. Get yourself mobile. The most important C is a car. You need to be ferried. I am not sure about others but for a start a car is very important. Get a good ride. A car that has safety features and also powerful enough to bring you around. There is one point which need to be noted. There are long term cost in owning a car. It is wise to purchase a car which has parts available. This is one of the reasons why people buy and sell cars like no body's business.

The following is the ride that only gifted people will have the chance of owning one. Not many will get the chance to have one. Not many have the ability to drive one. Not many is smart enough to own one. Only the best of the best will be able to sit in one. This is the art and pride of every Japanese. Thanks to Toyota. The Camry is the car of many wishes but few will be able to drive it. You must be Tom Cruise, Angelina Jolie, Brad Pitt to have the chance to sit in it. This car is mend for the cream of the cake and it has its pride. Enough said, you own one means you are fairly well of and you meet the requirements of the chairperson. The car has its looks and elegance. There is a yin and yang balance between the front and the back where the car looks balance. You sense that it is near you without even looking at it and once it passes by it is just pure symphony. The car has only one word which is COMPLETE. You shall pamper yourself with the soft leather sit. The ionized air-condition is just perfect. The sound of the engine is just like space.

Once you are financially stable, you meet those requirements and you will surely want to get a nest for yourself. Purchasing a house is the ideal idea. You will plan to start a family. The idea of buying a house comes with the location. You would want to leave in a community which is proper and neat. It is again a luxury and it is all about planning. As I have mentioned earlier, owning a house is a luxury but in the long run it will bring returns. A house is not only for security purposes but it enables one to make a future return from the current value. It is important to buy a house in a developed area. It is good to scout around and look around for potential areas where meets the true value. There must be easy access and also convenience.

It is great to hold cash. It is best to pay of using cash. It depends on the situation. If you are well past your retiring age, it is better to pay cash so that you don't hold any liability. It depends actually to different people. Everyone have their own way of spending. Cash is king. I am not bragging or anything but cash is surely the answer to spending. If we have the power to spend, we will than incur cost and that is through credit. The convenience of the credit card helps to solve our cash flow problems. We are able to control our spending and limit our spending. It can work the other way around where we spend too much and end up paying huge sums of debts. It is how we manage our debt. It is appropriate to have a spending list on items that we are spending so that we can control our finances.

Now I am sure most of us have a clear idea about the 4 Cs. It is very interesting to know how we earn and spend money. The more we are involves the more we learn to cherish what we have and it becomes a game. Take for example a game of monopoly and how we spend and also earn. All the bachelors out there, it is a fun thing to earn and also make full use of our resources because it is surely a great challenge but also something that we can learn and be surprised of the value of money and the loses and profits that we make.