Major Errors in Personal Finance.

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1. Spend more than it earns. If you spend more than you earn these by creating debt and debts are paid high interest. 2. Do not keep a record of expenses: If you do not know where is the leak can not be correct, the advice is to budget your expenses and track them daily. 3. Staying in the Comfort Zone: No train, no open mind to new ideas, not learn to do things differently. A big mistake on the topic of personal finance is to combine the money with no emotion and find new ways to generate revenue. “An investment in education always pays the best interest”-Benjamin Franklin 4. NO SAVING: No pay yourself first, before spend your paycheck, pay yourself. This money is money that will work for you by using mutual funds, stocks, real estate and business.It is not important as it is important to start saving, it is recommended to save at least 10 of income earned. Saving and investing is not a mistake. Consider the compound interest. In matters of saving time is important. Never too late to start, but sooner is better since. Do not forget to SAVE OR NEVER. 5. Believing that are subject Personal Finance or the Government Chief: Over-reliance on others for example in the pension system are in trouble now. The primary responsibility for my personal finances myself. 6. Make credit card a way of life: The misuse of these can be harmful. The cards enslave him. Shop does not need: Buying on credit is sold cheaply morning for a little today. You have to know them used with great discretion. 7. Forgetfulness of being just to have. The natural order is to BE-DO-HAVE. 8. Being a guarantor is paying for something you enjoy OTHERWISE. 9. Not to be protected financially: Some things in life over which we can not control, but prevention could save us a lot about tasteless. Proper planning of the future may be our only hope before a financial possibility. 10. Believing that will never grow old: In time of plenty is to be stored for lean times. Never too late to start saving, but the more tempano start the better. Remember that in the family basket of the young of today must be included in selection of familiar old man tomorrow. 11. Wasting money on things that destroy. 12. Make investments without adequate counseling.If you are unsure of how an investment does not know the risks they are exposing. 13. Do not learn how to create multiple sources of income: When you depend on one source of income and this lack may have financial difficulties. We need to study and investigate since there are various ways to generate multiple income sources. If you have 2 or more sources of income when a fault will always be others who supported it financially. If you could not establish multiple sources of income, is because she lacked the necessary information to do so. It is therefore important to invest in your financial education before trying to invest in anything else. 14. Do not be generous: It is a universal and biblical principle that always comes after crop seeding. If sows sparingly will reap sparingly. This is the most important step you can take toward financial security.The purpose of abundance and wealth should not be individual, there are always people who can help.

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