15 financial tips the problem has never been the money
Not that you need these 15 financial tips and as always tell my wife when she asks me something … “you ask, you know that the problem has never been the money,” Aha, but not for others a financial advisor, I repeat, not that I need advice, because in our beautiful Mexico, the money is plenty q … But if you know someone who borrows, which half a fortnight already Merchant to bring your office, or that is always with gold watch but ultimately you forget half chance at home (of commitment will be) … Here are …
1. That the payment of rent or mortgage does not exceed 25% of all your income.
2. Try to keep your total consumer debt (removing the mortgage) below 20% of your income.
3. The cost of entertainment must be around 10%.
4. More than 30% interest is VERY expensive. To buy anything.
5. The monthly savings must be in the range of between 10% and 25% of what you earn (at least).
6. Of these savings manual at least one third should be for retirement.
7. If you need more than 2 arguments to buy something, they are too.
8. Diversify your investments. If you have $ 10, divide into 4 and invests in 4 different instruments. Those who are not experts we do asset over time, with no risk.
9. over time you make money with the money you do not do time. When your time is worth spending more than your money.
10. The money is in many things that 80% try to go on things that are priorities for you.
11. Cash worth more than the credit. You can always get better prices and greater discounts by paying in cash.
12. No charge is very expensive. Take Charge of your finances and reap the results.
13. Do not expect to receive if you are not willing to give. This applies for work, charity work, time and everything in life.
14. Buying experience is always more satisfying to buy things?
15. having financial downturns are inevitable, poverty is optional.