Money Matters

This title looks very blank doesn’t it . Well I was just thinking today about what was more important in our financial arena. To look for ways to make money or to look for proper ways to manage them.

Well it looks like the chicken and the egg problem. If u earn good money can u manage them. But if u manage money well u wud eventually end up earning a good number of them. Well yeah money management is just not about the management of money that you have, You should be able to go ahead and make a good investment.

Well now that doesn’t meet you are slogging for making money. Well there is a very subtle difference between the two. You may either beat the shit of you trying to make more money, Or just manage your current funds but do intelligently invest where ever possible.

The second option is particularly what i am talking about. While you are making calculations with the A’s and the B’s I had mentioned It is good to also see if you can generate some additional money as you manage your funds. Sounds great isn’t it… It sure does.

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This is the golden question which lingers in the minds of all salaried and mid income group people. Becoming a millionaire is definitely a status symbol and the tag brings in lot of cheer. You may be saving quite a good amount month after month but when will you hit the target. This Millionaire Calculator will help you find out. Just key in your savings amount, monthly deposit and other details and check out how long is it going to take!!

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Have you wondered how few people stay happy always while other never get a glimpse of smile in their life. “Money is not that can keep you happy” sounds good uh!! But most times that keeps you pretty happy. most people are bad at their financial management. I am going to put forwars some of my ways that will keep you financially good. Well this is not a million dollar scheme. If you cannot control the inflow of money then the best way to keep safe is to manage the outflow which for sure is in your hand.

Since this is quite a big topic I would take a number of posts to go over the whole thing with each post covering one aspect of if. The first one is attached right along this post.

I think you get a note of was i am trying to talk about. Well if you were smart u’d have already got it, just read through as a checklist …. NO? … well then read more carefully. Dont worry , I am not going to ask you to stop spending .

From my personal experience I list down the factors here…

1) Determine your monthly income.

Do you know what your income is ? Do you really know it to the accuracy of cent . First make sure you are aware of it to the point where you know how much does the payroll pay you after the deduction. Once that becomes clear you are right on the first step to lead a happy life.

I know a lot of my friends donot really know how much they earn. If their pay was $ 3175 they would read itwith all the comfort in the world as $ 3200 . Dude watch it !!!

So this is one of the prime things that will lead you towards financial success very soon. The next time you need to remember you pay, remember it to the exact cent. Go dig your old payslips !!!!

Tags: Income by admin
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