Wednesday, January 20, 2016

Take the Basic Steps

1. Get ORGANIZED
Keep track of all your important documents by labeling and keeping them in a safe place.

2. Buy a calendar
Write down your responsibilities. (We tend to forget sometimes)
It will keep you on track of what you need to get done everyday.

3. Keep track of your money
How much you spend and save per week .
If you are spending more than saving then changes are needed ASAP.
Disciplined yourself!

4. Be realistic  
Stop buying flashy and unnecessary things.
Stop trying to fit in! Do you really want to drive a Mercedes and have no money in your pocket? wouldn't you rather stand out?

5. Pay off your debt
Priorities first!

6. Create a savings/ emergency fund
Nothing is promised!
You never know what might happen tomorrow.

7. Create short and long term goals
Make sure you write them down on your calendar with a due date.

8. Create and maintain great relationships
Specially with the bank.

9. Create different sources of revenue
Never rely on one source of income.

Often times, there are many routes you can take to achieve financial goals and it’s difficult to determine which will be the most effective. Do you start with the easiest way, the most feasible, or the one with the most potential gains?




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