The money protects the life you have built and that dream, doing that things depend on ourselves. Protects us any present and future adversity. Nobel Laureate in Economics is a great source of information. But beyond the basic needs the money seeks to well-being in many aspects of our life, in which we invest much of our income. For example, there are people who invest in accessories and arrangements to make the home more comfortable and pleasant, while others invest in travel, books, theatre, cars. Some people value more education that purchasing a car or a heating, as a way of improving the quality of life in the future of their children. Large quantities of many families budget is invested in education, while there are people who may need to change your car to feel secure. Experts have determined that the success for all our needs depends not only on the amount of our income, but above all, of the way in which they are administered. If we master our finances can cope with the unexpected and the decisions of agreement with what we want and not by obligation.
The Organization and the welfare guarantee us the success of our projects. It is therefore necessary to properly manage our revenue through a budget, develop savings plans, habits of organized payments that allow us to undertake in the short and long term investments and expenses. To successfully manage our income we need to have clear our objectives and the lifestyle we want. This will allow us to make plans, projections and consider the type of investments appropriate with this lifestyle. The good management of our revenue requires planning and action. Here are a few steps before the planning which is important to consider: is necessary to make a diagnosis of the current financial situation that allows you to anticipate and always have a reserve of money, regardless of the situation that faced.
Keep track of expenses in the short and long term, by reviewing your checkbook, your credit card records, the States of your bank accounts and your mortgage payments. Separate a Emergency Fund that has a minimum of three to six months of accumulated income. Make short-term investments, allowing you to increase their income and have the money at the moment in need it, to assume long-term investments which require substantial capital. You may not have this at all times each expenditure carried out during the year, why these forecasts and many others can be controlled drawing up a budget. Some resources online in the United States provide free information about consumer habits and savings strategies that can be very useful, especially if this savings directed towards the purchase of real estate, a clear example of this are entities such as The US department of Housing and Urban Dvelopment, or the portal of real estate for Hispanics in the United States.