Most of us would like to be financially succesful.That is actually the main reason why we work hard, at times we even work beyond the traditional 8-hour shift.Others may even do business in between.But still, the moment you receive your pay check, it just slips through your hands and you ask yourself where did my hard-earned money
go? If you can relate to this, then you are one of those people who tend to mismanage their finances.I know you want to get over this dillemma and want to start enjoying every single cent that you work hard for.
Let me share you the 10 commandments for personal finance
I. Thou Shalt Take Action
II. Thou Shalt Pay Off All Credit Card Debt
III. Thou Shalt Understand the Difference Between WANTS and NEEDS
IV. Thou Shalt Live on Less Than You Earn
V. Thou Shalt Pay Yourself First
VI. Thou Shalt Set Financial Goals
VII. Thou Shalt Educate Yourself and Be Responsible for Your Decision
VIII. Thou Shalt Save and Invest
IX. Thou Shalt Protect Your Finances
X. Thou Shalt Donate to Worthy Causes and Those Less Fortunate
Just to summarize this, Here are the basic steps you MUST start doing now.It is never
> Stop borrowing money for bad debt, meaning money that would not generate income like you borrowed money to purchase unnecessary stuff.
> Do not spend more than you can afford. Your formula should be income less savings = expenses. You should always put aside an amount for savings
>If there is really a need to purchase something, look for a store first where you
can purchase it at a cheaper price.
>If you own a credit card, do not bring it all the time especially if you will be going to a
mall.At times we tend to be impulsive.
>If you already have savings, donot put all your money in the bank. You have to invest
it or put up a business
>Make use of your God-given talent and monetize it.For instance, you are good in drawing, then make it as a money machine to generate income or think of a business out of it. You can also earn additional income through online marketing such as clixsense wherein you earn by just clicking ads.
PLS WATCH OUT FOR OTHER FINANCIAL TIPS/BUSINESS TOPICS I WILL
BE SHARING SOON!!!!!
TO KNOW MORE ABOUT SAVINGS ANDD INVESTMENT, CLICK HERE!
DOU YOU WANT TO GET OUT OF DEBT?
If your answer is YES,then get a copy of this ebook from two of the best
financial mentors I have ever met, sir Benj and his wife, Fely
They were indebted before but were able to get out of it.Now, they want to
share their story and learn from it so we can also become debt-free.Please click
this link below: