33 main rules of Finance in our time Bashny.Net

We are not taught to manage their finances at school and in the University this question are paying only a little attention on the economy. A lot of abstract theory, not enough real useful tips and strategies. The vast majority of people are financially illiterate. These are concerned individuals from the upper banks, credit organizations, scammers, sellers and many more who. Today we offer to your attention the list is short, clear, simple and very effective rules of Finance that will help you in life.





1. Spend less than you get

If there is a key fundamental rule of Finance management, this is it: Your expenses must be less than income. You are REQUIRED to follow this rule, otherwise Your life is under a big question.

To get into debt and live on credit, because "all is well"? So say the people who give You credits, and they do all will be well.

And You? You have accumulated debts without making savings. Gain financial well-being with this approach to life will help only a miracle. Do you believe in miracles?

2. Simplify your financial life

The more loans and credit cards, the greater the chance not to notice the loss of funds or skip the next payment. The more deposits and accounts, the harder it is to keep track of them and easier not to have time to react to emerging problems. The more complex Your financial life, the more time and effort it takes. With it grows the chance to get confused and make the financial mistake.

3. Never let "future me" to manage the situation in the present

Want to buy something that You can not afford now because in the future You will receive more and easily pay off your debts? Most likely, You will regret this decision for a very long time, because Your "future self" can get the same or even less, or even lose your job.

Even if in the future your financial situation will improve, there will be other expenses that will not easily cope without the mistakes of the past.

4. Start the path to proper financial management

Step 1: create a cash reserve for emergencies. Cash is still needed and solving unexpected problems quickly on the spot, without going to the Bank, without the hassle of Bank cards and maintenance issues. Proceed to the creation of a reserve is very simple. Start saving a certain percentage of income each month. For example, 10%. Or 15%. It is in full compliance with the first rule of Finance management, and in a year You will be able to enjoy a decent amount of accumulated money, which will help You out in any emergency. In the further part of the accumulated funds can be transferred to a Deposit or use.

Step 2: get rid of the debt with the highest percentage. Sort Your debts according to the growth of the debt, select the one that has the highest percentage, and then begin to repay this debt twice as fast, i.e. double payments. Do this monthly until the debt is repaid. Then add the whole released amount of money spent on repayment, to the payment of the second debt until it is repaid. And so will all subsequent debts.

Step 3: when you have a stash for emergencies, and debts are closed, you can start thinking about retirement. This can be a Bank account, investments and any other ways to preserve and increase capital.

5. Create a budget, only do it correctly

A budget is the best means of control and planning of Finance, but only with proper approach.

As the budget plans are a smart man? It does this based on the statistics of expenditures for the previous months. So You can fantasize and say to yourself: "Okay, well, I'm going to spend so much and no more." But then comes the harsh reality and put everything in its place. It is better to rely not on assumptions but on the actual expenditure statistics.

You're expenditure statistics, right? It will help to not only plan, but also to find articles of overdrafts.

6. Optimize all of your planned expenditures

We get a lot of accounts. You can start with the same operator.

All pay-per-view functions do You need? There are 50 rubles, 20 rubles, 100 rubles somewhere else. The result is very well as You just pay every month. Such cleaning is useful to do every few months.

7. Calculate your real earnings

Subtracted from the annual income tax and all costs directly associated with the work, including lunch out of home, working clothes and similar things. Then consider how many hours per year You actually spend on work, including any overtime and revision from home. Divide real income on the real number of working hours. Here's how much You actually get per hour.

8. Use real earnings as the unit of measurement for any purchase

Now to buy will become much more interesting.

The purchase price becomes the numerator, and real earnings — the denominator.

This application is two hours of my life. Is it worth it? And this TV is two months of life? Maybe it's better to take out the smaller one. Now You will be able to answer your question: "what am I doing with my life?".

9. Ignore the "experts"

The media are full of articles from various financial "experts." However, You will not be able to remember the name of any such expert, which would apply the phrase "Things that he said really helped." The same applies to all sorts of fortune-tellers and other advisers. Their publications can be paid for, directed at third party interests, but not Yours.

Why would all this expert publicly disclose some valuable information? He paid for it? Then the company for which he works, probably took the advice, and You will get at best crumbs. Third-party expert will never know everything that happens with the reader of its publication. Their information can be incorrect and often unfounded.

If You are not able to make plans and projections based on independent analysis and You need an expert, then you have a problem. Reliably predict the future, not surprisingly, no one has learned. If You fear for the future, then your only option left is a more conservative investment. The rest is up to You — work on your own resilience to risks.

10. Set big goals and remind yourself of them

What You still want? Why all this action with the money? This is a complex issue, but it could be your strongest motivator, and tell the correct way in life and help them to pass.

Want early to stop working? Want to start your own business? Trip around the world? Whatever it is, remember the purpose, keep in mind. Surround yourself with reminders about Your main goal. They will help to make the right decisions in various situations on the way to the desired.

11. Buy a practical car

Practicality is low cost of maintenance and repair, low fuel consumption, minimal transport tax and the imputed cost of insurance. Otherwise, you get a sucking money monster, which will leave a decent amount of income.

Bluff more money — the main life truth the fool.

All in all do not care for You and Your cool cars including.

12. Treat the car like a reasonable person

Since we are talking about the economy, don't forget about the fines and the fuel consumption depending on speed. And if the next news from the police all so clear, the fuel consumption is a more delicate question.

When engineers create practical car, then expect, as a rule, that it will travel around the city and at the speed allowed in the city. In this mode, the engine consumes less fuel, and constant acceleration at high speeds from traffic light to traffic light — the path to more frequent refills and premature repair. Inadequate tyre pressure increases fuel consumption, and ignoring minor fault signals cars can cause major damage and accidents.

13. Deal with the payment of utilities

Maybe You are still paying for a radio receiver which was thrown out during the last repair. Count the viability and the amount of savings in the transition from the middle rates for the metering of water and gas and two-tariff electricity meter. And still buy those energy saving light bulbs. They really reduce the light bill.

14. Learn the basic skills of repairs in the house

We do not suggest You lay tile in a bathroom or cooking pipe, but to replace the socket or replace the gasket in a leaky faucet is so simple. In the Internet there are many clear tutorials on these topics.

15. Teach children financial literacy by example

As mentioned at the beginning of the article, we were not taught. But now You can become a teacher to develop in their children those skills in practice and demonstrating the benefits of good handling of money. It is important not just to broadcast, but to show them these rules in everyday life.

16. Ignore the ads

Perhaps, the importance of this rule can be put directly over the first fundamental law on the status of revenues over expenditures. We live in a consumer society. The demand in such a society is not born in the minds of the people, but imposed from the outside. Advertising creates artificial needs, values and ideals. And she does this so skillfully that we sincerely believe that a particular icon on an ordinary mobile makes it exceptional, and a particular tag on the shirt of conventional cotton increases its price 10 times is justified.

Brands, image, style — we have been based on concepts that are far beyond really necessary for comfortable living things.

Knowing everything that is happening around, a smart man will not throw in the extreme, that is, does not want to become an ascetic. He will only avoid external impositions and to buy things only on the basis of analysis of their own needs.

If You learn not to buy unnecessary things, you will be able to keep the lion's share of revenue for more rational spending.

17. Find inexpensive Hobbies

Many Hobbies require a decent cash infusion. Saying that the cost of a hobby not believe, invented by cunning men, to sell something related to a particular hobby. The only question is, what hobby You choose for yourself: a collection of mechanical watches or improving the skills of playing a musical instrument, which You already have.

18. Search for and try it free

People somehow tend to find like-minded people. So formed clubs. They are a non-profit, that is, You will not be there to shake the money. Thus it is possible to find good friends and never have to overpay.

Probably in Your city there are fishing enthusiasts at any time of the year, not offering to rent a luxury ship and inventory. There is a desperate travelers, NOT the travel Agency. Thanks to the social networks to find their community has become easier. Try to give them a chance. It is possible that this will allow You to do what you love in the company of enthusiastic people and You will not to overpay for anything.

19. Do not pay attention to what other people think

Laws of the consumer society is not only pointless, but also very aggressive. Don't follow the rules? Will become an outcast. Fortunately, this only works with a very narrow-minded people, and more or less reasonable person understands that neither the car or other paraphernalia will not impress another, as the mind, intellect, ideas and actions.

20. Do not pay attention to how others spend their money

Have You ever considered the idea that this is the man better than You, because he's driving a sports car, and You're not? You don't have to spend money on things like other people. Spend it on what You like.

21. Invest time in building good, reliable, long-term relationships

The presence of many personal and professional ties with others will benefit You in life. It is emotional, social, professional, spiritual and financial support for all of Your ideas and endeavors.

Becoming a support for others, You will find in them support for themselves.

22. Spend one hour a week analyzing your finances, career and life

The more often You review your current situation and position, the likelihood of early detection of discrepancies with its objectives. Analyze the events that have occurred over the past week. Think for the week ahead.

All fits into the concept of Your long term goals? What is Your greatest achievement this week? What's wrong happened and why? How to avoid this in the future? Whether Your long term goals are just as desirable for You as before?

23. Make the dream as its secondary business

Each of us has an occupation which we would like to dedicate my life to. The problem is that we don't see a way to monetize these activities, and therefore leaving her only in dreams. Try to allocate the business part of your free time.

Just start doing what I dreamed of. In the process You will probably find a way of earning on the occupation of your dreams.Just start your dream job in free time.

24. Use the 10 seconds rule for cheap shopping

Fight impulsive shopping helps rule 10 seconds.

Saw something cheap and immediately wanted to purchase? Hold this thought in your head for 10 seconds and honestly ask yourself the question: is it true this thing You need?

Do not hide from himself the negative side of the purchase. Actively walk through the reasons why You should not buy this thing. Will this purchase meet your goals? Comparable any benefit from this purchase price? Often 10 seconds is enough to understand whether You need a thing really.

25. Use the 30 day rule for expensive purchases

For expensive items the 10 seconds will not work, because the speech in this case goes about the purchase, the expediency of which in such a short time can not determine. When it comes to serious charges, you must wait 30 days.

You obviously notice the first pulse of the first internal call to purchase, and then coolly waiting a month. These days You will be able to thoroughly examine the plan for the purchase, learn a lot about it. The fact that You do not show in the ad. Likely 30 days from Your burning desire to buy this thing will be over.

26. Create a menu for the week

A clear diet is not only good for health and figure, but also to save. Improvisation on "what to take for dinner" leads to higher costs of food. Once again You just too lazy to think, and You order pizza. Or decide to go to dzhankfud cafe. It's all bad, including for Finance.

27. Go shopping only with a shopping list

In the App Store and Google Play dozens of shopping lists. For these purposes you can adapt built-in reminders and generally any application where you can make a simple list. An ordinary sheet of paper also has not been canceled.

The meaning of shopping lists not only to not forget anything to buy, but also not to buy too much. Went down the list, leaving all planned to the cart and to the checkout.

All this yummy, especially on an empty stomach, can force You to make impulse buy, but a pre-planned list of a chance to do a rash action is greatly reduced.

28. Buy well-stored products in the cheaper hypermarkets

Eat the perishables that we buy almost every day. Constantly go behind them to a distant supermarket with lower prices are not always justified. But the planned large-scale purchase of a well-stored products that You do once a month or even less frequently, it is useful to make it in stores with lower prices.

Even if the difference in cost for each individual product seems minimal, in aggregate, a large purchase will save a decent amount. If You do not practice planned provisioning, it's time to start doing it. Shopping networks compensate a large number of retail outlets and, subsequently, walking distance to high commodity prices.

29. Find the cheapest nearby store to buy perishables

You can go to the same store out of habit, and the same distance from Your house there is another store where prices are lower.

Dedicate to exploring the nearby shops one walk. Record food prices, which often buy and compare them.

30. Reduce the number of consumed semi-finished products

Under semi-finished products refers to the products, partially or completely ready to eat. Almost always the cost of such products is high, and their damage is difficult to overestimate. You pay for the convenience not only unnecessary, but also health. Learn to cook simple dishes at home is easy, and You will always know their composition.

31. Prepare in advance for the weekend

Weekend laziness to do something. Even to cook. Here creeps the idea to order pizza or walk to fast food.

32. Skimp on bad habits

The decision to rethink your approach to finances — the perfect time to along the way to get rid of bad habits. Enough to convince yourself that You will not interfere with alcohol and nicotine, and soda is not so harmful as it is referred to medical professionals. You put your health for your own expense. Is there any greater folly in this world?

33. And remember: things will never make you happy

Happiness comes from within.

No external trappings will not make You happy, if You have a conflict with himself and distortion in the perception of the objective world.

Do not buy into the idea that owning something will make You happier. The money will improve the standard of living, but will not give happiness. The only emotional benefit of money — decrease stress and increase confidence through financial well-being, and achieve financial prosperity is possible only with proper money management. published

 

Author: Artem Kuzmichev

 

P. S. And remember, only by changing their consumption — together we change the world! ©

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Source: lifehacker.ru/2015/03/01/pravila-finansov/