DionisCardoso

De Wikis en Educación

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última version al 12:06 4 may 2012

The key to financial success is to budget your income and out goings. This is basically what people to build up savings and have spare money to invest in any opportunities. You do not have to earn a lot of money to become financially secure you just need to be wise with what you spend. This means looking at what you buy in the supermarket what you spend on items you don't need and so on haircut special promotions.

Two tips for saving are to save any change you have in your pocket or in your truck. You will accumulate a vast amount of change and every two or three months put it in a savings account. Every pay check you get try to save a set amount. I suggest you start with about 5% just to get used to it. Then increase the amount. Now you will have money working for you, paying you interest every month.

Avoid using credit cards altogether, unless you are trying to build a credit rating. If you do need to use a credit card then pick one with a low APR. Always read the small print and check what the rates are. If you are in trouble already call the creditor and get put on the hard ship program, this will decrease your rate of interest so you will be able to pay of the debt.

When shopping it is important to budget and save money, this will help raise $100s over a year. Start with using coupons, don't throw them away find the deals and use them its and easy way to shop for less. Next buy in bulk, items like washing liquid, toilet rolls, and fruit juices can be bought in bulk and again save you money. Avoid impulse buying, think to yourself do I really need this item, how will it benefit me. Doing this at first is hard but you will get used to it and before you know it every purchase you make will be based on this. Shop when there is a sale on, every few months stores will have sales with up to 80% of, think of the bargains that can be had.