adding assets
If it works, you should be able to produce something, including current assets such as savings, deposits, or mutual funds, said Ligwina. Every year this asset must be increased.
“Fresh graduate who had savings of $ 3 million in his account would be more dignified than those who worked for years but had no savings,” said Ligwina.
Nothing to be ashamed if you currently home or car, because you are adding an asset. At least, your hard work to build a career and work to fruition. If they have worked but it still does not yield assets, time for self reflection, and immediately improve your financial condition with a healthier financial planning.
Begin to commit
As a first step, if you have a credit card, pay off credit card debt you 100 percent. “It may use your credit card debt paid off as long as 100 percent,” said Ligwina. Use the money according to his post by distinguishing the everyday credit card with a credit card to have fun. “Separate credit cards these days with a credit card for the rah-rah,” advises Ligwina.
Then, make a strong commitment to myself to set aside 10-30 percent of income for savings. When receiving a salary, immediately cut to savings, so do not put it aside in the back after fulfilling the desires of your shopping. Also limit the number of installments because your salary is limited. Practice formula to save your financial expenditures.
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Tags: credit, credit card, Credit card debt, Financial Services, Home, Money Management, personal finance, Saving