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Financial Management is important as it helps one analyze and make sound and objectively inclined decisions. If we have sound financial management system which involves sound financial controls the organization or youth organization will be able to avoid unnecessary avoidable financial regularities thereby sustaining their organization expenditure with respect to their liquid. In monitoring and evaluation finance is regarded as input and input is the first stage to planning. Thus financial management help us young people plan prudently.

Isaac.fwemba (talk)20:14, 24 February 2011