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Archive for the ‘Personal Finance’ Category

Try out the cheaper cigarette brands. Purchase a single package and see how they taste. If you find a brand you like, and there is a $ 1.00 a pack cheaper then look at how much you will save. If you smoke a pack a day so you will save about $ 30.00 per month, $ 365.00 a year. If you are afraid of what people will think, buy a nice case. They will never know what you’re smoking cheap cigarettes.

Take a look at your cable / satellite package. Look at what channels you watch and which package they are taken in. If you do not see anything in the higher end packages, drop the extra or find out if you can get just the channels you watch. If you have cable, take a look at the satellite providers like Dish Network and see if you can save money if there is an option where you live. Some apartments do not have access to the correct direction to use satellite, but if you do, it could be a better deal and you can get a channel you have always wanted.

Check your phone bill. This is one of the easiest bills to be over billed, and one of the easiest to change. Most people think they do not spend enough to bother with it, but many companies hide fees or make up their own. Some will also tell you a fee which is mandatory when it is really just an administrative fee.

What you may not know is that depending on Read the rest of this entry »

In this article, I have thought about and show you some simple ways to save money and with any luck, at least you do not mind.

The first thing you should do after reading this article is wake a laptop, PDA or another way to keep track and start recording costs. Write down every purchase you make, and even a soda or snack from a vending machine. Keep it up for at least a month, and then look at where the money goes. You can start to see a trend that you will end before the month is over and by all means, change it. You may also want to do this more than once. It’s a great way to keep from falling back into or developing new bad spending habits.

Improving your credit card balances and prices. This is an obvious and numerous books and articles have been written so I will not waste too much of your time repeating the same old information. Just know that a lower interest rate and the faster you pay it off, the more money you save. Start with the highest rate card and pay as much extra as you can before it’s paid off and then go to the next and include what you pay for the first card. You can easily drop $ 100 per month just from this one.

Bring lunch and snacks to work. If you use $ 5.00 per day at fast food lunch and drink 3 sodas a day could easily save about $ 15.00 – $ 20.00 per week and that would be about $ 60.00 to $ 80.00 a month just by packing a lunch, not including gas and wear and tear on your car. Not to mention how much healthier it would be. You may just want to cut back on lunches, but it will still be a savings account. Just a thought, you can use the extra time to read a book or just relax.

Buy Regular Unleaded gas unless your car requires higher octane gas. Check your owner’s manual to be sure. Most places charge 20 cents for a gallon extra for Supreme over Regular Unleaded and unless you drive a sports car, you could not tell the difference. Depending on the gas mileage this could add up quickly.

Use a shopping list and stick to it. Avoid impulse buys unless they’re something that you normally use, and on sale. Clip coupons. If you think it is not worth it, try it for a month and keep track of your savings accounts. If it is more hassle than it’s worth you can stop. But I’ll bet you’ll be surprised how fast it adds up. Pay attention to prices at different stores. Most stores offer some products under wholesale just to take in, because they know that most people will buy other things and they want to cash in on higher prices items. Read the rest of this entry »

• Budget must be based on the Traffic, needs and priorities.
• In determining the amount budgeted to be realistic.
• Try to keep in the end still have excess money.
• Save at least 5% of income for the unexpected.
• Create a record budget in a way that is simple and easy to read.
• In this case only yourself who can maintain the budget. Shopping without consideration and planning, can destroy the plan of saving.
• Do not panic if you find the amount of expenses that do not fit. Precisely so could again revise the composition of the budget to an amount that is more realistic.
• Disciplined in its execution.

Sometimes in everyday life we are experiencing economic difficulties or crush a very disturbing personal financial stability. But life must go on, we must not give in to all of our troubles, all the problems there must be a way out as long as we want and have the intention to complete.

If you are one among the many people who experience financial difficulties, to record and plan. See all of your financial history. From credit card debt, loans, home loans, car loans and so forth. Write down everything and sort of the biggest to the smallest nominal. Do not forget to keep track of all your assets, savings, deposits, shares and so forth.
Are you going to pay off most of its nominal debt? Or pay off the loan? Define all your short term plans. Would you like to save $ 50 a month for emergency funding. Yes, no problem with all short-term goals over the line with your abilities and commitment to run it.

My monthly income is much yet it is only a few days is almost gone, used up to what ya yesterday? “

Some people are even willing to hire the services of financial consultant or personal finance managers to arrange for their income and expenditure can be balanced or even profitable. But not all of us have an income large enough to hire services worth millions of dollars was not it?. One alternative is to regulate our own financial budgets. For some people who are very meticulous may carefully write down one by one income and their expenses, so you can analyze the needs of each monthly and annual reports they need.

But for those of you who did not get to write them one by one, you can use computer software to help you listen that. One of the authors recommend the application program is the Money Manager EX, developed by which is released under the GNU GPL and is Freeware or FREE. Although free, this application program has the features and facilities are fairly comprehensive financial and quite easy to understand even for us who do not understand accounting. Here the authors give a little review and guidance on Money Manager EX version 0.8.0.1.

• You can make a financial plan in just seconds. For those who do not want to bother studying the financial formulas, I have prepared a ready-made templates. Using this template, you can calculate your financial plan with ease. Simply input the numbers you want, and within seconds the computer will calculate a solution to your financial problems.
• Avoiding financial mistakes commonly done by others. My book includes tips and tricks that need to be considered in making a personal financial plan. By considering these tips and tricks, you can avoid common mistakes made by others in their financial planning.

All calculations in this book use the Excel application. I chose Excel application because the application is very easy to use, flexible and can be found in almost all Windows-based computers.

Everyone needs a financial plan so that they can achieve the desired level of welfare. Unfortunately in our country, the number of financial planners are still small. Personal financial consulting services are also still relatively expensive, so that only executives who can reach this. What about the middle class? They were forced to make their own financial plan.

For those of you who want to make a financial plan, now you do not need to worry because with the help of computers you can make your own financial plan easily and quickly. I’ve written a book that can guide you in making a personal financial plan. The title of his book is “Tips and Tricks to Make Personal Financial Planning Using Excel.” The benefits that you can learn from this book:

• Counting solutions to financial problems by using financial formulas that already exist. In Excel applications, existing financial formulas used to live (built-in). All you need to do is learn how to use. By using the formulas that have been provided, you can solve financial problems such as: How much is my savings in the future? How much money do I need tubes? How does the interest rate on my credit? And many other financial matters.
• You do not need to buy a financial calculator. Usually, to calculate the financial problems, people need a special calculator financial aid. But now, you do not need to buy a calculator like that anymore. And you also do not need to learn how to use calculators that are less flexible and user-friendly it is.

Have you heard the argument of 90/10? This means that 90% of the total wealth controlled by 10% of the people. Why can so many property controlled by a number of the rich, while on the other hand most other people have taken the trouble to fight 10% of the remaining assets?

This is because the rich have a secret recipe that is not taught in ordinary people. This recipe is only revealed in their own families or close relatives, through word of mouth. By using this recipe, they can live a relaxed without worrying about a lack of money. They do not need to work to earn money, but money who come looking for them.

Unfortunately for ordinary people, to get this secret it takes years of experience and research that deep. After all the secrets that they are following the road is full of tricks and traps, so that without adequate knowledge, a lot of costs that had spent in vain to try it. Now you do not need to do it. All that has been available in e-book containing the secret recipe behind the success of the rich.

I always receive messages and comments asking for a list of books I recommend on personal finance. Here is a list of books for people who want to read more about this fascinating world of personal finance. Note that these are books that have particularly interested me and I learned a lot from them but does not mean you’re going to have the same conclusion.

The Richest Man in Babylon by George S. Clason
This book is about applying knowledge about things that seem common sense but not all use them. The author entertains and teaches techniques on how to build wealth with your income and how to be successful with your money through anecdotes.

Rich Dad Poor Dad by Robert T. Kiyosaki
This is a very good book I’ve read several times. The book may seem a bit extreme in the examples but lets take a look the ways of how “rich people” and “poor” have their finances. The examples given in the book can be impractical but it teaches you the importance of saving and investment. Learn how money works for the rich and the poor work to earn money.

The Money Makeover by Dave Ramsey
The author of this book speaks also talks about how to manage money more efficiently, but still does an excellent job in the area of debt. Here you will find many tips on how to reduce or eliminate your debts and start to live a prosperous life without them.

The Only Investment Guide You Will Need by Andrew Tobias
An essential guide for how to invest your money. This book explains very well the world of stocks, bonds and mutual estates. I read the book in English and was very detailed and easy to follow. According to criticize the Spanish translation is a bit difficult but the essence is there.

How to Win Friends by Dale Carnegie
This book is not necessarily about personal finances, but it is essential for self-improvement and personal development. This book will help you implement things in your daily life that lead to success in interpersonal relationships. It helps you understand better how to deal with people and get what you want from them.