Archive for the ‘Financial tips’ Category
Recommendations of experts in financial management
At different stages of life should seek to strike a balance in personal finance. This is a series of recommendations of experts in financial management adapted to local context.
YOU CAN SAVE
From an early age saving is the best way to achieve financial goals for this reason it is important to know how to do it successfully for best results. For example, if after making a budget is that you can only save G. 50,000 a week, this is sufficient to bring about G. 2,400,000 per year or G. 12,000,000 in five years.
To succeed in saving have to think medium and long term, not less than 12 months, but more important than the amount saved each month is the consistency with which it does. Read the rest of this entry »
Financial tips for your business success
Financial tips for your business success
1. Spending more than you earn. If you spend more than you earn are creating debt and debts are paid high interest. Many people do not have adequate control of their income and expenses, that is why we often feel that not enough money. Carry adequate control as taught in the Financial Tips book is important to determine whether the level of expenditure is higher than income, and determine where they can make appropriate corrections to rectify this situation.
2. Do not keep a record of expenses: If you do not know where is the leak can not be correct, the advice is to budget expenses and track them daily. Many times people make expenditures which do not take note and it is difficult to remember them in detail later. The recommendation is to record as they are usually petty and unimportant, but they create an important gap in personal finance.