On the other hand an increase in the cost of living are increasingly unstoppable. If you do not set the smart-smart finance then not fortunately achieved a debt but can accumulate.
Do not want to continue to be mired in regulating finance, following 10 clever way that could be emulated on managing personal finances:
1. Set your financial goals
For some people, nothing is more exciting than putting aside some of the money to buy a three-bedroom house with fenced off white. Another dream of wandering all over the world.
It is true if you have a goal that will surely make easier to manage personal finances. It will also be a motivation to collect revenue.
2. Create a spending plan
Most people spend about 2/3 of their income on three important things, namely: food, housing, and transportation. There are also debt service payments, cost savings, households, and optional items as entertainments.
You should make an annual budget by allocating shopping destinations based on the Division of posts each.
3. Hold yourself against the temptation to bid Sales
The store was indeed created to drain out of the pockets of the buyer. Promotional offer such as discounts, gifts of entertainment are some of the techniques used by the seller to attract consumers.
But if we know their tricks, will make us able to resist the temptation of the bid-offer. It was easier to say no for all the offer.
4. Track your personal expenses
Keep track of every expense for two weeks can filter out unnecessary expenses, such as meals and the cost of a taxi.
5. Searching for similar products that offer a cheaper price
Pricing a product in a store turns out to be much more expensive than the initial price of the product. If when want to buy one product and see a lower price listed anywhere else, feel free to move it to the store.
6. Do Research Online before visiting the store
Product review sites, and online discount warehouses often provide information about how and where to find the best deals.
Especially if there is a free shipping offer, could make online purchases as an option.
7. Search Revenues more than one source
Today anything can happen. The lack of job security on the market today makes anyone can lose their jobs or face pay cuts.
However this fixed if there is a second source of income. Look for ideas on how to get more money.
8. Start your own business
Like in America, the recession has inspired many people to explore entrepreneurship as a way to take back control of their financial lives.
Even a relatively small business, such as a blog that makes money through advertising or garden that produces flowers, could turn into a source of financial security.
9. Negotiate Salary Back
Many workers feel fortunate to have a job in the current conditions. But asking for a raise can be a smarter move.
If you’ve recently changed jobs, received a promotion, or realize a low paid compared to other peers, it might be time to sit down with your boss and ask for a raise.
10. Don’t shy away from Debt
The debt has a bad reputation because it is judged to cause bankruptcy. However take credit with proper management it can be useful.
Credit allowed people to buy homes or to finance other pressing needs. But still the evaluation decision on this debt by considering their impact carefully.