Posted on October 19, 2009 with Comments Off
Tips from the Citibank name, initial steps to manage finances better is to evaluate your current financial position, namely the re-asset records (whatever you have) and how much debt you have. Good way to manage finances is used to create a budget where you can monitor the income and expenditure.
Based on the survey Financial Intelligence (Financial Quotient) from City Indonesia, only about 29% of people who follow a monthly budget that they create, while 82% had at this stage of trying to create and follow a budget.
For the start of financial management and tidy up after you know the current financial position, and then it is good you set goals and how to achieve your financial goals. Objectives and Financial Plan is SMART (Specific, Measurable, Attainable, Realistic, Tangibles).
Posted on August 4, 2009 with Comments Off
Every time you get a paycheck, what do you do? Immediately set aside money to pay the bills? Or dividing it into the coffers other savings?
Apparently, the women have concerns that they lack enough money set aside for the future. The women feared they would run out of wealth in old age later. It was explained that this was common among women. “Women tend to live longer, need more long-term care as you age, must take care of the family, but they often do not have their own income. This fact should be aware of the importance of saving women from an early age, save more when they earn more. And finally, should be ahead of the financial plan period no longer productive.
Research shows that women often bear a large role for financial decisions, serves as head of the household financially. Women not only manage day-to-day expenses, but also all matters relating to family finances and long-term investment. So, what’s the problem? At least two mistakes in the financial arrangements that are often done by women. This information is needed for reflection and understanding of financial issues so as not to fall into the same hole over and over again.
Posted on July 31, 2009 with Comments Off
Future filled with uncertainty. You must be clever-clever look after our-selves, both in the present and future. Prepare an emergency fund to deal with uncertainty in the future with a ‘piggy bank’ emergency that can be used when needed.
Here are 10 steps you can apply to start creating an emergency fund:
1. Calculate how much you spend every month.
2. Create an emergency fund savings target in the amount of 3-6 times the cost of living per month.
3. Set aside a little money from the monthly income. Adjust the size with capability.
4. Save money in the form of money market accounts, high-interest savings accounts and money market mutual funds.
Tips from the Citibank name, initial steps to manage finances better is to evaluate your current financial position, namely the re-asset records (whatever you have) and how much debt you have. Good way to manage finances is used to create a budget where you can monitor the income and expenditure.
