Tips – Improving Personal Finances Part 2
Another important factor in the family, a subject already talked a bit but to summarize, our home education can not always be the best. I, for example, come from families that have money problems, trying to help at this time that many negative responses. Even when I am talking about investing or generate new revenue by some members of the opposition and tell me what I should do really.
My question here is: what one person can give advice about money management, when the persons having such financial problems?. However, that education and personal financial advice has been handed down from generation to genercion create the illusion that it is part of our tradition. The study, work and earn money. Investment for them is not possible, in fact, the word “investment” in their heads do not have special meaning, because this is a problem that does not speak much.
Then the key factor of our financial problems is the financial education they provide to us. And the only remedy is to RE-EDUCATION FINANCIAL
* How to re-educate me financially?
At this point you do, decided to enter this blog, read it every now and then, apply some concepts or ideas. Obviously this blog is only 1% of what you need to re-educate themselves. For this reason I decided to make entry and deal mainly with the problem of lack of money, or money to burn. Precisely because of reasons that do not say “Sir / Madam, invest in this, it is best to make money.” The idea is that you are getting this education itself and not a robot and follow the advice of someone who could be wrong.
* Tip 1: bad habits and good habits
Almost always a way to work, back to the car with a friend. I am very protective of the people I love or anyone who got in the car so we ask that you please use a seat belt, the accident is an accident and you never know when, where and with whom they would. The first few months of each day I have to ask my partner to put the belt, now you do unconsciously. This is a good habit, bad habit of not using belts.
Financially the same. Bad habits can be impulsive or compulsive spending, debt, always use a credit card, do not manage your finances, etc, etc, etc.
So the suggestion here is to try to target the bad financial habits you have and try to change it. If you smoke, you must do out of habit, but when it is known that smoking is doing. Then with the same money, you know when you manage or use their money so that it could hurt.
Try making a list or write when you see a bad habit, then keep it in a place where the screen.
* 2nd Tip: Does spending plans
Famous phrase “money I was out of control” or “burn my money” associated with a lack of planning and cost control. Precisely the error that many people earlier this month (according to various studies) began to pay bills, to see what you spend money on some things and then end of the month started squeezing what little money they have left. So they chose, is charged with no money, they started spending and ending the month as the beginning to reduce costs.
With the spending plans, you can try to maintain balance and even realize the things that really enjoy and who spends so. For example, I spent a lot in magazines, until I realized that ultimately ended without reading some or read them in half. By controlling my spending, I decided to just buy a magazine that I really cared or needed, I enjoyed even more because they spend a long time.
Advice here is to begin to track your spending per day, using the categories and see where they spend no need or could use the money for something that gives you greater satisfaction. Here I offer a guide that was in this blog that will help at this point: Links to guides.
Right in the link I mentioned talk of government 9080, I assure you that there is no waste reading this entry.
* Tip 3: Plan
I’m talking about the costs and ways to control them, the idea will also be planned exactly how much we want to save every month and we will do with the money. So you have to plan what you want to do, if invested in programs and activities that help strengthen their financial intelligence, whether to purchase books to help you achieve your goal or starting to invest money in projects or businesses.
The plan, to know where today (this marks sheets of financial statements) and where they want to be tomorrow, it will mark the road. Then just left to start taking steps in his time and way that suits you, so at least you know that you’re walking slowly or quickly, but in the right direction.
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