No need to be a financial expert or an accountant first to be able to manage money. You can, too. Even more okay!
Own income or not, the amount you receive each month must be managed wisely. Attitude wise as to what exactly? The following five tips to help you manage your family finances more carefully.
Active in every family financial decisions.
Most of the women responsible for household finances. Unfortunately, most of them it’s not the decision maker in choosing the type of investment, retirement, and choose insurance. The mother can actually play an active role in any decisions related to family finances. Even if the mothers still not a decision maker, they can communicate the solution to every financial problem with a partner. Mother may submit suggestions or ideas about the future financial plans relating to children’s education, insurance, retirement, or new policies on saving for a vacation. Importantly, mothers are not passive.
Find out about the investment.
Fear of women to invest, two times greater than men. Thus the results of a survey of Charles Schwab Corporation Foundation in San Francisco, USA. Women are generally less confident choose how profitable investment. Explore different ways of investment is easier than imagined. Today there are various workshops, seminars and reading about how to invest in an easy and profitable. There is also a question and answer section about investing in the media that women can use. Studying ways of investment is not time consuming. Provided you are serious about listening, knowledge about the investment you’ll get.
To start saving, do an inventory of goods needs to facilitate the work. For example, washing machines and cars you already have, then start keeping other smaller needs. For example, a tape recorder, television or microwave. When all critical equipment needs are met, you can start saving. Savings can be started with the make savings on some expenditure items. Redecorate the house, for example, need not be done every year. That way the budget could be you tube. Conserve electricity, water, telephone and internet can do.
Not a few families paying considerable expenses using a credit card. Unfortunately, most people are happy to rely on credit cards to buy anything, including the little things that you never planned. Controlling the use of credit cards can be done by not changing desires into needs. That way you do not need to suddenly feel the need shopping.