MONEY MASTER

Ever wonder why some people make it to the top so easily while some others work hard day and night only to earn for survival. Well, it is not just a matter of the hardwork poured in. It is also about the way one live their lives, use their money and also the type of work that they do. But if you are indeed willing to struggle for it, it is possible for you to be a millionaire.  The first step besides all the hard work put in your work is the willingness to create a personal expense account .   You will need to open a checking account just for your household expenses. Then you will need to figure out the amount needed for monthly usage from electricity, food, right til entertainment. After that, put the rest of the paycheck that you are about to receive into savings account for it to accumulate. This is for budgeting purposes and if you felt that you are using more than you earn, it is time to consider cutting on some of the expenses. The money put into savings account wi...

Well, in my planning for the new house renovation, my family and I were talking about setting up lightings like those that we see on AVATAR....if you remember the 3D movie that somehow earn a lot of money for the beautiful scenery. Anyway, I went to look for some people who are good at these and they told me it would actually cost me quite a fortune. I wouldn't want myself to be financially tight down due to these. Instead, I am planning to look for beautiful artificial flowers that could help set a greenish environment, something that I love after watching Avatar. The lightings that would be needed will then be much cheaper. These artificial flowers will be long lasting, beautiful and I plan to look for those that could give an elegant outlook. After some discussion, the idea of buying artificial plants come into mind as my mother was telling us it would have been better to set up some lightings around these artificial plants instead. It will cost much lesser and the house could...

The year 2010 has almost come to an end. Like I mentioned just a year back in Setting Financial Goals for Year 2010 , we should also start setting financial goals for the year 2011. Again the same advice, financial goals are needed so that we can control our day-to-day financial affairs which will be executed by creating and following a budget. Good financial goals are usually realistic and achievable and will give satisfaction to one. Good financial goals also come with good execution plan, without this execution plan, no matter how good financial goals are, these goals will still remain as goal. However, before moving to the year 2011, let us start looking back on what are the financial goals that we set for the year and gauge the overall performance. For the year 2010, I have set 3 major financial goals:- Continue tithing Clearing 10% debt for both car loan and education loan Stocks portfolio to grow another 20% Out of the 3 financial goals, two of the goals are to be done habituall...