söndag 20 november 2011

Start Saving Money

If you have an monthly income, you know that the money tends to slip away on bills, food, fun and so on and on.
But try to take a certain amount of money every month, maybe 5-10% of your salary and put it away in a bank. If you this every month, that amount will grow and if you have a good bank account, you will have some interest for your well-earned money.

With that money, you can maybe take a vacation or buy something you normally can´t afford. So try to save some money with every paycheck.
It doesn´t matter how much you earn, it is what you decide that matters. Just decide to save som money every month, and you will see your money grow, and that without any real work!

If you feel like you can´t afford to put away any money, try to cut down on something else, like expensive food, or papers or clothes. You can afford those later, when you have saved money!

If you like to know more about saving strategies Click here.

söndag 13 november 2011

Goals!

Yes, goals are important, without them I personally would be lost.
But what have goals to do with economy you might ask?

Well, everything would be my answer! If you, for example, want to buy a car in 2 years, and you have to save up some money in order to buy it, your goal would be the car and not the money. So everytime you need to make money or save money, you can think of your car that will be yours.

So in that case a car will be your motivation to earn money or to save them. Of course it can be anything, that motivate you, your family, vacation, or even money itself. The point is, if it´s working for you when use it.

Sometimes, to have a big goal that you will reach in a couple of years, and it´s to long to motivate you to reach your goal. Then, you should also set up lesser goals, that you can reach faster. Maybe, instead of having a certain amount of money at the bank, your goal will be half that sum, in half the time. When it wont takes as much time to reach your and you will still get a good feeling when you reach it!

Bonus link: If you would like to know more about goals, click here.

söndag 6 november 2011

Be A Smart Buyer

Be a smart buyer, Dont´ but anything just because it´s cheap, buy it because it´s worth the money! Usually this things cost a little more than the cheapest alternative, but not so much as the most expensive either.

Buy things at the wrong season, to get a better price, for example don´t buy a bike at spring, buy it at winter.

Dont buy things straight away, wait a minute and think: is it really worth it? Maybe you change your mind when you come home?


Go to the library and loan books before you buy them! Maybe you won´t like the book you just bought.

This can be applicated on every field when buying stuff, so remember be a smart buyer!