Cooper Business School

For this reason I decided to create this entry and treat primarily the issue of lack of money, or money than you burn. Precisely for this reason can not say “Sir / Madam, invest in this, it is best to make money.” The idea is that you acquire this education on their own and not be a robot and follow advice from someone who could get to be wrong.

* Tip 1: bad and good habit Habit

Almost always the way to work, back in the car with a friend. I’m very protective of people that I or anyone entering the car so we demand that you please use your seat belt, accidents are accidents and you never know when, where and with whom they will. The first few months every day I had to ask my partner to put the belt, now does so unconsciously. This is a good habit, not using the belt a bad habit.

Financially the same. Bad habits can be impulsive or compulsive spending, debt, always use credit cards, not manage the finances, etc, etc, etc.

So the advice here is try to target these bad financial habits you have and try to change them. If you smoke, you probably do it for habit, but when it is known that smoking is doing. Then with the same money, you know when you are managing or using their money so that it can hurt.

Try making a list or write down when you see those bad habits, then keep them in a place where the display.

* Tip 2: Keep a spending plan

The famous phrase “the money I was out of control” or “money burns me” has to do with the lack of planning and cost control. Precisely the mistake that many people earlier this month (according to various studies) is beginning to pay bills, to do with money spent on some things and then later this month begins to squeeze that little money they have. So they made a pick, started with no money, charged, began to spend and ended the month as beginning to reduce costs.

Using a spending plan, you can try to maintain a balance and even realize the things you really enjoy and that which spends itself. For example I spent a lot in magazines, until I realized that ultimately ended without reading some or read it in half. By controlling my spending, I decided to just buy the magazines that I really cared or needed, I enjoyed even more because they spent a long time.

The advice here is to begin to track your spending per day, use categories and see where unnecessary or could have used that money on something that gives greater satisfaction. Here I offer a guide that is built into this blog that will help here: Link to the guide.

Right in the link I mentioned talk of rule 9080, I assure you it has wasted reading this entry.

* Tip 3: Plan

I just spoke of the costs and how to control them, the idea would also be planned just as many would like to save each month and we’re going to do with that money. So you should plan you want to do, if you invest in seminars or events that help strengthen their financial intelligence, whether to buy books that help them meet their objectives or begin investing that money in projects or businesses.

Plan, namely where it is today (this mark sheet financial statements) and where they want to be tomorrow, it will mark the road. Then it is just starting to take steps in time and the way that suits you and at least know you are walking slowly or fast, but in the right direction.

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