Monthly Archives: March 2018

Six Personal Finance Tips to Money Wealth Financial Security and Personal Finances

Today everyone wants their money to be safe and secure. However, the financial world is growing more unstable and our needs are changing at a rapid pace. The necessity for individuals and families to save and manage their money has never been greater, harder and it is not getting any easier. Managing a budget, saving and investing your money wisely is the immense subject on everyone’s mind. Saving money has become extremely hard today. You should save for retirement, save for your kids’ college education, save in case you get laid off and save just to create a sense of comfort.

Have you looked at your finances lately? The process of saving money, create wealth and achieving all of your financial goals start with the awareness what personal finance is. Personal finances are not about cashing your payroll check, paying your bills and meeting all of your monthly obligations. It is about having enough money saved in order to meet all of your financial goals in life.

Money is a medium of exchange, but the lack of money adds to great emotional stress in our lives. Take control of your finances immediately by reviewing the following tips provided.

Today is an excellent time to start reviewing your finances and put together a good financial program with goals that fits your financial needs. After you review your finances, take immediate action and make some positive adjustments. Do not try to take care of it by yourself. Make sure all of your family members know about your plans and they can assist you in meeting all of your financial goals. An important issue is to measure your results and make all possible changes needed. When you and your family achieve all of the goals, reward yourselves. Rewards are always great motivators. Start Today.

Six Personal Finance Tips

  1. It is not what you earn, it is what you save. Save at least 10% or more of your net earning from every paycheck. The important issue is to spend less than what you earn. Do not go beyond your means.
  2. To maintain a good savings account take control of your spending. A good spending plan, not a budget, will let you know where you are spending. Decide on what you want to spend your money on in advance and keep track of all of your monthly transactions. From there you will know what your spending habits are.
  3. Is your Bank meeting your needs? Possibly you might need to look at another bank that offers a much greater savings and or investment program. Today, Online Banks offer great investment programs.
  4. Apply and use credit cards that offer 0% for 12 months or more. Every monthly payment that you make will go directly to the balance and not to the high interest. When the 0% intro program is about to expire review what the interest rate will be. If the rate after that period is 10% or more, apply for another 0% credit card and transfer the remaining balance. Keep this process and you will never make an interest payment.
  5. Buy a home. Your best investment is your home but only if you get a low interest rate mortgage. If the current interest rate is 2% lower than your present rate, refinance and lower your monthly payment.

 

Tips in Finding Free Credit Counseling Online

Free credit counseling is one of the best ways to learn about managing your expenses, handling your credit card, saving a considerable amount monthly and sparing a sum of money for credit card debt repayment. Free credit counseling would be rather advantageous if you try it at least before you select a debt relief program because your counselor will be the best source to give information and advice on debt relief methods.

Finding a reliable credit counselor is not at all a problem because there are many counseling companies that provide free credit counseling and at the same time there are ample amount of debt settlement and debt consolidation companies who are ready to offer you free counseling sessions even if you do not hire their service. Thus selecting free credit counseling is not a big deal but reliability is some thing that you need to think of.

If you are searching for a best and most reliable credit counselor your top priority should be given to world wide web because it is one of the most wide and accurate source. For instance you can visit online forums for credit counseling in which many people discuss their experience in this field so that you can gather many information. You may even find huge amount of advertisements on debt settlement companies which would perhaps provide you free credit counseling.
You can even search free credit counseling through your search engine. That would provide you with many a number of entries which you can fellow in order to visit companies which provide free counseling.

And additionally you can consult debt relief networks which would provide you with list of free counseling companies in their affiliation. You will be able to find a company which provides exactly what you need.

Every body needs advice especially when it comes to financial matters it would be rather beneficial if they are given by an expert. There are many expert debt relief companies who are ready to provide you with advice as a means of promotion you can use this opportunity to get your work done.

5 Top Personal Finance Tips

f1

I think it’s fair to say that whilst most of us have the best of intentions when it comes to our own personal finances, there is usually quite a lot of room for improvement. It might be the case that a few small tweaks to the way you manage your money will suffice, on the other hand, you might need a complete overhaul of the way you go about your personal financing.

Staying on top of your money is quite a big job in itself, certainly a long term commitment and one that definitely should not be neglected in any way. If you are struggling, you are in luck! We have put together some of the best personal finance tips that you should start employing as soon as you possibly can.

1) To have a decent idea about your financial spending, jot down everything you spend money on for on week. This included food, rent beer, literally everything goes. You might think you know and could certainly take a pretty good educated guess but the point is, you will never know for sure and by writing it down you will know for sure.

2) Once you have a list of your weeks spending, look for ways you can shave some spending. A good example is usually cutting back the amount of coffees you have throughout the day. Or if you’re spending too much on parking at work, have a look for some free spaces nearby. Better yet, dust off the bicycle and cycle into work, not only will you be saving money, you will also be getting fit!

3) Pay off your debts each month. If you have spent on a credit card/store card then make sure you pay the balance off in full at the end of each month. If you avoid paying the full amount you will be susceptible to the ridiculously high APR that comes with these things.

4) Spend less than you earn. I can hear you screaming – “why are you telling me the most obvious thing in the world?” Well, you would be very surprised at the amount of people who don’t just spend more than they earn, they spend a lot more than they earn. This is utter lunacy as far as finance goes, the idea of spending money you haven’t got is unthinkable – don’t do it.

5) Understand your finance goals. By setting yourself solid, realistic finance goals, you will be constantly working to fulfill them. For example, know when you want to buy that new car, that new house and know exactly when you want to retire. After you have decided all these things, work your backside off until they are achieved.