In this article I will go through five (5) personal finance tips read attention.
Personal finance is nothing more than something that serves to indicate how your expenses are how they are organized how you move your money.
I Sitar so you can practice for your life.
1 – Planning tip.
First thing is for you to plan all your monthly expenses to control your personal finances here, including bills such as Light, telephone, internet, cell phone, rent, Condominium, health plan, Supermarket.
All this needs to be noted down so that you have a control of the minimum you need to keep w
hat is your monthly cost, what are the cats.
Don’t forget to mark the costs of subscription to newspapers, magazines and internet services with Netflix.
Then you make an average of the last months what you spent, for example, restaurant, cinema, etc.
2 – Notes.
Purchases including credit card also take a look to see if there are fixed expenses with medicines.
With this data you will know exactly how much you spend per month with expiration dates in practice.
Write it down so I take a month write down all the expenses, whether they are bigger or smaller, and then you’ll get to this part so that you can have this control from this month on. in installments Maybe it’s time for you to take a break.
3 – Installment.
Why the installments of a purchase even because they will fit your budget?
The problem is that as we pay in installments in these, we buy more without realizing that we are charging long-term debt, even if it is small, then let it buy a view, you better pay in installments and pay at once for the product you want because it will do much better there much better.
Personal finances If you have already paid in installments on your credit card, don’t forget to pay these installments because the fines and interest will eat up a large part of your budget.
Don’t cultivate good financial habits are the other tip You know, for example, how much you spent on coffee last week it’s with small boxes and last month Because it’s small expenses they usually go unnoticed there during the day but when they are added at the end of the month at the end of the year they will reveal the amount you might even be scared of.
You, therefore, write down these small expenses, these purchases that we make daily such as coffee, chocolate, a magazine, cigarettes… all of this together will help to control your personal finances that you have been exaggerating.
You will be able to control yourself but this is only possible if you know exactly, you don’t have to spend your money.
4 – Investment.
Another tip would be to invest To have security in your planning you need to reserve a part of your money, less part a percentage needs to go to investment that can be redeemed easily that will be your emergency reserve.
Another part goes to long-term investment you will allow for some of the most used products such as buying, a property, changing the car, guaranteeing your children’s college and increasing retirement.
5 – Financial tools.
You here are precisely to use tools so that you can control your finances.
Set aside money for investments remember to write down these purchases, everything that needs to be done in an organized way so that you don’t get lost in papers in different spreadsheets and in different states.
I recommend that you use some tool to control your Finances, there are people who prefer gaming applications and others prefer to use financial spreadsheets, one of the most used applications and called Free.