These 6 practical tips will definitely help you to have a better-planned financial life, especially in this beginning of the year when Carnival is approaching and many people lose financial control.
But it's not just about this topic that we here at Digital Seguro work on, on our portal, you'll find a lot of secure information about credit cards, loans, car financing, motorcycles and much more.
Contrary to what many think, the steps to catch up on finances are quite simple. The Administrators website listed 10 steps for you to organize your wallet and catch up on your finances, we highlight 6 of these steps for you, check out 6 practical tips for your financial organization below..
1 – Establish a Day of your financial budget
Set aside one day a month to organize your financial life. Put together a spreadsheet with fixed expenses, debts, payments, eventual expenses. Also enter all your income, such as salary, receipt of rent, eventual earnings, etc. Set up your monthly budget, adapting expenses to income. Ideally, there should always be a surplus of 10% to 20%.
2 – Next, try to define specific priorities
If perhaps your budget is in total disequilibrium, for example: spending greater than your earnings -, the solution is not despair, but the immediate reduction of expenses.
It is very important to set priorities and eliminate what is not essential. This adjustment period requires discipline. Remember that it is necessary, but transitory. Trips to the restaurant, walks, trips or superfluous purchases can wait until the financial balance is resumed.
3 – Put a table of financial goals
Determine a value, a deadline and a financial objective to be achieved. Organize yourself in order to create the conditions for the goal to be met. Example: buying a car worth R$ 30k, within two years. Analyze your budget and see how to reorganize it in order to purchase the car within the established period.
4 – Difficult, but look for “always save“
There is no organization of personal finances without savings. It is the capital reserve that allows the person to face emergency situations or seasonal crises. Consider the task of saving 10% to 20% of your monthly income as a commitment.
5 – Don’t accept easy credit cards
Easy credit cards pose serious threats to any financial planning. Interest rates are higher and people are seduced by the ease of getting into debt. Remember that easy money costs a lot more.
6 – Study about Learn to invest
The person has resources for investment when he starts to really invest his money with here that is useful, however, not everyone does that.
Look for good methods that enable your growth in planning and personal strategy, but don't invest in just anything, because you might regret it.
Also, it's time to make your money work for you. Search for investments according to your profile. To do this, ask your bank manager for help, rely on the help of companies specialized in providing this type of advice or train yourself to take on the task of taking care of your own investments.
Click here and check other practical tips for your financial organization.
