Posts Tagged ‘management of finances’
How to improve the management of my finances?
August 4th, 2010
In times of crisis is important to assess personal finance, budgeting and keeping accounts to make ends meet without trouble and even save.
The economy is wrong, the dollar, the euro, the new policies, make that saving is not so easy. It is increasingly common to have a credit card that a programmed savings account.
The authors Robert Kiyosaki of “Rich Dad, Poor Dad” and Raimón Saisóm of “money code” illustrate a bit about money management and personal finance.
Doing so is not easy for some and honestly evaluated soon either, with a huge balance found in red is not at all encouraging, but we need to know in depth the current economic situation to be reduced. Therefore it is important to follow the following steps to ensure the successful implementation of economic goals.
* Master your expenses:
Stop buying luxuries and futile things, get less to eat in the street and enjoy the preparations at home. Create your family in the midst of a savings culture, change the traditional lamp-saving bulbs will be surprised how much you can save with small changes. Look for cheaper prices when market and possible Merque no credit, interest will exceed the small price savings.
* Assess your finances:
Realistic, detailed definition of the value of your income and compare it with both fixed and variable costs, on the other hand, take stock of total debt compared with the capital they have and their savings, this will tell you about the status of your account balance if it is red or capacity for savings and investment.