FinanceDogma – Finance, loans, creditcard and mortgages

April 15, 2014

Smart Money Management

Filed under: Tips — Tags: — admin @ 10:29 am

One of the most important ways to get rich is by managing your money well. If you have a 50,000$ income, you shouldn’t go and get yourself a 50,000$ car!

I can only give you a few tips, but the bulk of it is on your shoulders. Here are few tips, to help you get started on saving money and managing your money balance –

Keep a budget

It is always good to keep a budget for all your expenditures. If I say, all, I really mean it. Keep a budget for gifts and birthdays.

First day of the month, sit down for 15 mintues and write it down, write what all your expenditure is going to be for this month.

During the month, if you exceed your budget, keep a note of where you exceeded, this will help you cut down on your expenditure in that particular area!

Money Management

Invest Smartly

If you don’t know about Stock Market, either do your research or don’t invest in it. One of the best ways to invest is usually keeping the money in the bank, with the sweep in and sweep out facilities. This will keep interest accumulating in your bank.

If you have a big expenditure planned for future, start saving for it, create a fixed deposit in your bank and work hard to reach the goal.

These small tips won’t make you earn a million, but it will definitely help you save the money where you can cut it. You might need even that little bit in case a rainy day comes.

July 29, 2009

Controlling your finances

Filed under: Finance — Tags: , , — admin @ 1:51 pm

There is no doubt that spending has increased over the last couple of years. People are spending a bigger percentage of their money than they ever have, even with the economy of the world going through greater difficulties than it has ever seen before. Well, Kublax.com can help you figure out how to save more money. You see, the more you know about where your money is going, the closer you will be to controlling how much of it goes out.

Many people think that they know where all their money is going, however, the truth is that many spenders have very little knowledge of where their money goes. Kublax.com is a Website that can help you learn exactly where the average budgets spend their dollars, and it can help you figure out what areas need work in your budget. (more…)

Powered by WordPress