Then how do I manage the finances? To find out it, you have to know beforehand, what are the signs to be successful in managing finances, namely:

1. You save more than spend money. Arguably, this is a fundamental step towards financial success. The first principle is to obey you, do not care if there are unexpected expenses that occur, for example, health costs that suddenly have to be met. In such cases you may indeed prefer spending on health rather than saving. However, at other times, you can live with spending less than your income.

2. You appreciate the commitment of money. People who can immediately meet financial obligations will realize that all their efforts were more profitable. For example, you buy less expensive goods by credit card, but you pay in full prior to maturity. So, you benefit by extending the payment of the goods.

3. You have no debt. One important factor that differentiates the winners and losers is debt. Home loans or loans for business capital is profitable; that should not be done are personal loans for various electronic products, home furnishings, or other objects that you can only pay the minimum payment. Using of credit cards often is tricky. Understanding the benefits of credit cards is on comfort when you do not bring cash to pay for items. As mentioned above, when the bill comes, pay in full prior to maturity.

4. You are always skeptical. In wading roads to the well-being, you will find various temptations. Avoid the temptation is to apply skepticism. For example, resist the temptation to shop at Midnight Sale (You plastered doubt that the price is already discounted prices so reasonable or not to buy). You are not hasty in making an investment just because persuaded a friend or family. You try to understand why someone who has no knowledge would have bet money that does little to invest. That does not mean you should not be, it’s just always think twice about whether the temptation is appropriate or not obeyed.

5. You can retire at age 50. Early retirement is desirable lot of people, and there is no specific standard on what age you are able to do so. You do still need to consider the years you will live afterwards. If the first half of your life is spent to collect the money, it makes sense if over half your life after that you can rely on the money you have collected it. Most people who succeed are the pursuit of wealth as long as they can afford. However, the choice is yours.

6. You have a reputation of honesty. Reputation as an honest man is one of the most valuable asset that can be owned by someone. No open door or the opportunities offered to people whose words and actions can’t be trusted. Do your job or activity in a way where your reliability is unquestionable. The character like this is clearly the benchmark of successful people.

That is 6 signs that someone has been successful in managing finances. You should know this before you start preparing financial budgets so that you have a target to be achieved.

Yup, at that stage you have been wasting money and wasting time. Why it could happen by you? Maybe you are shopping just follow the mood or emotional. Actually there are many causes of why we buy things that are not important, I called it 10 reasons why people spend money for useless things, namely:

1. Make a purchase because of being in a hurry.
2. The mind that is depressed.
3. Discount / sale.
4. Tempted to use discount vouchers.
5. The goods on-display.
6. Not focused when making a purchase because there are other thoughts.
7. Cornered because of the encouragement of the sales promotion girl / boy.
8. Shopping while longer angry or upset.
9. Are feeling pressured by family members.
10. Buying goods with the intention to make an impression.

That is 10 reasons why people spend money for useless things. We should know this from the beginning to avoid any regrets later on. Study it and control yourself to not waste money with useless.

If you need precise answers about why we are pleased with the activity of shopping, maybe the following article may be an answer of your question.

According to research in the UK, the reason why we love shopping is our own brain.

So far, we believe that shopping is a random act, activity that is not considered mature, and tend to be emotional. Apparently the desire to shop already exists in the human brain since the days of primitive man. The area of the brain that makes us always wanted to look for new experiences. Not only this explains why we always want to spend like crazy, but it also describes why consumers are always crushed on new products.

Before you find these results, the researchers scanned the brain blood flow on the respondent to see parts of the brain known as the ventral straitum, which was active when a person chooses a new object for him. Then release neurotransmitters such as dopamine, which is process a sense of pleasure in the brain.

Mechanism to reward this joy that makes the researchers believed that humans have always been interested in the things previously unknown. So large that human curiosity would be nothing new, it is estimated that direct us to the evolution.

Looking for new experiences and unusual is the tendency of human nature and animals. This gives a willingness to try new things and prove an advantage in a long time.

In fact, the shoppers might be tempted to buy things that they do not actually need due to a very nice ad or a very big brand, but there are some people fall to gambling, because trying to find adventure.

These are some answers that may reveal why we love shopping or why a person very fond of shopping activity. In order not to get stuck with this activity, begin to learn to control your desire.

1. Counting Money.
Calculate all the money, including interest and period of time it takes to pay it off. Collect all records and make a list of monthly bills. It’s important for you to get a comprehensive picture of the debt obligations must be repaid.

2. Repayment Priority Scale.
Make a scale of repayment priority. High value of debt, high interest and importance to their daily activities for example, mortgage loan, homes and cars must be placed in the first place. Debt-related interests such as family, school loans, placed second.

3. Financial Planning.
Try to know that spending money all this time for whatever needs. Perform evaluation, reduce unnecessary spending or less useful. After that, make a wise financial planning (as needed) every month. It is important to avoid waste.

4. Debt Negotiation with Banks.
Try applying for interest rate cuts bank credit loan. Told your financial situation is difficult, so need to get interest relief. Each bank usually has some alternative way of loan payment you can choose according to your financial condition. Observe also the pattern of changes in interest rates on the bank where you borrow money. Do not get stuck in the pattern of visible light loans initially, but it turns out interest will increase in subsequent months. If the bank objected to your requests, consideration for transfer credit to other banks that have interest rates lower.

5. Finding Additional Revenue.
If during this number you find yourself spending more than revenue, try to find a second job. For example, the insurance agent, tutor, receiving the order cakes and much more.

6. Selling Luxury Goods.
Sell some luxury items you own can also be done if there was no other way. For example, sells your jewelry, cars or motorcycles. Hold a garage sale at home. If I have any house can be sold, then bought another house with a cheaper price.

7. Consultations with the Experts.
If you have not also got the best solution to overcome financial problems, it is better to consult with a professional or expert financial planner. In this way you can know what steps should be done next.

I hope the 7 tips on how to live debt-free can help you to live more independent and in control in managing the money.

5. Tempting offer

Perhaps you have or frequently receive offers when it was in the mall. This was done to attract you to buy or use the service. Just as free trial. The difference is, this offer not only be in one place, even the television media are also considered to be the right path to create a promotional product.

6. Shopping too much

This is one factor that causes your salary quickly exhausted. Who is not happy with this activity, women are very fond of this activity. But you have to be careful with your finances because it can spend your money in a heartbeat.

7. Emotional buying

When you first receive a salary, you have to imagine what the money that you use. Going to the cinema, enjoy a vacation or whatever you have in mind, including to go to a salon for women.

8. For the sake of a hobby

Every person has a different hobby. If already associated with the hobby, someone will do anything including spending money to satisfy his desire to realize his hobbies include collecting something.

1. Following the technology trend

The rapid developments in technology make our lives easier. But sometimes a person becomes dependent on the technology. Maybe you really like doing various jobs using the gadget. Gadgets you buy are also not cheap.

2. Pay the debt and credit card

Debt and credit cards, two things are difficult to remove from your life. Therefore, do not be too much use of credit cards if you do not want to pay the obligation is very big in the next month. Do not create a debt for something that is not important.

3. Paying bills

In addition to credit cards, there are various kinds of bills you must pay. Both are the electric bill, water bill and so forth. This is very draining your finances. In order not to pay the bills so large, try to do some savings.

4. Trapped free trial

Maybe you’ve stuck with the free trial. Though the services or products offered are free trial, this can also cause your desire to buy products or use the service.

1. Discussion about the application for salary increases with your boss, it could face to face or via electronic mail. Previously, you have to make an appointment for the meeting. This meeting should also be attended by your leadership and HRD staff.
2. Previously, search information, data, or survey of the salary for the position and working lives with you in the same position. If it turns out your current salary above the average market price, rather it was difficult to ask for a raise.
3. Find out information and experience friends or people around you who have successfully submitted a pay rise.
4. Give reasons that are acceptable and can prove that we have performed well so far. You should explain that the salary increase that you’re proposing is not solely due to material objectives. Reassure your boss that your application will support your performance that originally had been good for the better again.
5. Make a list of successful projects you’re working with satisfactory results. Make all the details of your expenses that support your work, if you feel your salary largely issued only for the purposes of the company. Organize all file data into neat reports.
6. At the meeting arrived, navigate talk directly to your original goal, which is begging for a raise. Speak politely and clearly and directly to an important point. Do not talk with a threatening tone or apply excessive, let alone cry. If your application was not met, accept the decision with a professional.

1. Age 20-30 years.

We recommend that you start to recognize your financial situation early in career and work, while you are still very productive. You must already have an income, but check back about how much expenditure or obligation, such as personal loans, credit card bills, or help the needs of the family.

Do not forget, there are expenses associated with your wishes. For example, want to have a personal vehicle, laptop, vacation, continuing education, get married and honeymoon.

By understanding the sources of your income and expenditure, it will help you to develop a monthly budget. Allocate appropriate financial post and your priorities. While receiving a monthly salary, just take 10 percent for savings. Begin to familiarize yourself to be disciplined and committed in managing finances since the productive age.

2. Age 25-35 years

Since getting married, you and your spouse had total income increases. Personal expenses can be more efficient because it is borne along. But still allocate a reserve fund amounting to 3-6 times the monthly expenses. Also, start looking for the right investment products as needed. Of course, first you have previously have savings.

Insurance needs are also important, for those who have more funds. Prioritizing life insurance is for the family head.

If the two persons have different needs and desires, then communicate and set long term goals together. For example, you and your partner will want to honeymoon. Preparation of pregnancy and childbirth are also begun to plan financially for young couples, including other needs such as vehicles, houses, and education of children. Set the priority needs and how financial planning.

3. Age 30-40 years with children

In terms of desires and needs, you and your partner must be adept at distinguishing the two things that often interfere with the financial stability. Set priorities together, what need would you and your partner precedence? Which is Education cost, home, family holidays, happy children, or helping a parent?

Seeing the higher costs due to inflation that always go up every year, make sure you have a small family savings. Head of the family should begin to ensure his life with life insurance. If husband and wife work, plan on investing as well as saving your retirement future.

Manage finances by setting priorities, and allocate funds from monthly income, it can save you from financial ruin. At least you have a reserve fund, savings or investments that can be sold back if unexpected conditions occur. Such as critical illness, layoff, or even forced to divorce. As a woman, you also need to be financially independent.

In managing the finances, there are two ways you should know about managing personal finances and family, namely:

1. Applying a frugal lifestyle with a way to control spending for a little more.
2. Increase income / salary is received, this is done when the expenditure can’t be controlled.

That is two ways to manage finances and we can’t control it very well because every choice has consequences respectively.

The most appropriate choice is to increase your monthly income, but how? You can do the following ways, namely:

1. Adding your working time or overtime. Ask the company you work for the added of your work time and you will get extra revenue.
2. Looking for a side job by utilizing the time that you have.
3. Change your hobby into something that can make money.
4. Open a side business to supplement your finances, it could open a shop, café or anything that you value having a good prospect.
5. Finding a side job would use the ability you have in your work skill. Adding work hours it’s very good to illustrate your loyalty to the company but it will spend your time and you can’t gather with family.

If you have a hobby that has the potential, so why not developed into a business? Who knows you live behind the hobby that turns out to give you more benefits. Opening the sideline business would have a more favorable prospect if done seriously. You can bring your wife or family to working together to develop the business.

1. ATM Fees. ATM cards also have costs that you must pay each month. Therefore, when you first get an ATM card, you have to ask how much it costs when you do transaction using an ATM. Whether to withdraw cash, transfer money or pay bills.
2. PIN that is easy to guess. ATM Card will be a disaster when its fall or lose your wallet. If there is someone who is not responsible, then it can use the ATM. Moreover, you keep your PIN number to access the card in your wallet or mobile phone. It would be very dangerous, and therefore create a pin number that can’t be known to others and do not store it in a wallet or a message in your mobile phone.
3. No Record about expenditures. When finished using the ATM machine, many people are lazy to record the expenditure. And taking money from an ATM also includes expenditures that should you note, because you took the money to meet daily needs.
4. Do not treat it like a credit card. Do not treat your ATM card like a credit card. Money contained in the ATM card / savings should be used to finance the sudden and important necessities. Do not use to pay for things that are already included in the monthly family budget or to shop, because things are going to spend money in the contents of your ATM card.

Those are 4 things dangers in using an ATM card.

Handle Money