Saturday, May 17, 2008

General financial advice

Before entering our site, here are some tips to finance May you find useful information to help you achieve your financial goals.

Pay yourself first. Invest at least 10% of your income for consumption or repayment of debt in some type of investment account. To make real progress financial, you must reduce your debts and assets increase.

Establish financial goals in writing. Set short-term, medium and long term for you and your family. Review and update your goals regularly, at least annually.

Make a realistic spending plan and use it. You must plan your income will be used or someone else! Tracking your spending using revenue, a notepad, or whatever is convenient for you.

Learn more about the different types of insurance available. Buy only what you need to cover a specific risk. Increased franchises to the highest amount you can afford.

Stay up to date on your finances by reading regularly, courses and work with your own personal financial coach. If you've heard all this before, but did not act on it, it is time to move forward! Remember knowledge without action is the same ultimately not know.