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Financial Freedom, Personal Finance -
Money Management
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Wednesday, 10 May 2006 |
If you were asked about your finances at night, awaken from sleep will you remember the figures? Will you remember your deposits, your debts, your net savings, your average monthly expenses? Not many of us can answer these questions. Money is one of the most important parts of our life, but we don't know much about our own finances in precise terms. Is that not surprising? |
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Financial Freedom, Personal Finance -
Money Management
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Wednesday, 10 May 2006 |
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Budgeting is an integral part of society. In today’s hurry up and get it done society; every day we are trying to budget our time, our meals, our kids’ time and our money. Unfortunately for many, most of this process is done mentally and never put on paper. Remember, just as families budget time and money, your business must also develop a financial plan. This type of budget is simply a formal written summary of your goals and intentions in terms of dollars. |
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Financial Freedom, Personal Finance -
Money Management
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Wednesday, 10 May 2006 |
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Have you been wondering whether or not you need to develop a financial budget? Here’s a simple Yes/No quiz that can help you understand your BQ or Budget Quotient. |
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Financial Freedom, Personal Finance -
Money Management
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Wednesday, 10 May 2006 |
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Unlike a fixed monthly cost such as your mortgage or car payment, the amount you spend on groceries each month is somewhat flexible. While the common advice of clipping coupons and buying generic brands to save money while shopping is sound, by far the best way to truly keep your grocery shopping expenses under control is by understanding how grocery stores entice you to spend more than you really want. By fully understanding the ways grocery stores encourage you to spend, many of which you probably never even noticed before, you can combat their strategies and spend money only on the merchandise you really need. |
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Financial Freedom, Personal Finance -
Changing Your Mindset
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Wednesday, 10 May 2006 |
Why has money assumed such an importance in our lives? Do we depend on it for our own psychological happiness? |
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