Monthly Archives: August 2008

To Solve From The Outside

Posted on by
Reply

Now it is the time to solve from the outside. Basically it depends on two aspects that are how the family manages the money and how to manage the temptation and offer from goods that can influence it thoroughly.

1.    Avoid a new debt
If you could avoid making a new debt, especially consumptive one. Remember your outcome will increase, and it looks like needing an extra income, but the new debt is not the solution.

2.    Discount is not always the answer
We sometime suppose it as an angel of mercy. But I don’t think so. For me, if I can give suggestion in spending money is not depended on how much it is, but what for it is. You had better spend a bit expensive for useful thing than cheap but useful or just consumptive.

3.    Avoid investment speculation
In crisis, it is the best solution, but be careful in choosing investment institution. If you don’t understand at all, don’t join.

4.    Make a protection
One of the ways to economize and help financial is by transferring to other part, like insurance. If formerly, we always solve the problem with personal money, it is time to give the big one to other part. Health, car repairmen, and house protection can be a beginner.

5.    Try to add an income
At last, there is no other way but adding an income. Try to search your self potency, and always find an alternative to get it. It must not be large, but it is routine.

The Trick To Save From The Crisis

Posted on by
Reply

The increasing price in Oil Fuel Material added by increasing the food material just can’t be stopped. The main need must be paid with such expensive price. Imagine, when the income still remain due to the company problem of fuel, our money for shopping and transport is not enough for it. With this situation, what can we do?

1.    start from the inside
The problem is the money is not enough for our need. So try to make it enough. Some of us think to get added income, but it is not as easy as that. That just one of the solution. Actually you can make up from the inside. Because it is useless if we add the income but there is no change in pattern of using it. But please be sure, the matter is not in how much money we get, but how to use it.

2.    Evaluate the Money usage
The first step to stabilize the monetary is to make evaluation for it. Please note it every month, how much is our need. If it is over the target. Please reevaluate together. So it always over the family budget monthly, why? Because the family always does breakfast together unbudgeted before. The matter it is taken from the shopping budget. So start from now on split the main food and the rest. So we can analyze how much is the real outcome.

3.    Make the Outcome Priority
Spend what must be spent, and keep what we don’t need yet. Sometime we have left what we need and leave what we want. What is the criteria ‘need’ and ‘want’? May be no one can describe it clearly. Need is the outcome must be spent. And want is the outcome can be cancelled. Ask to yourself ‘can this outcome cancelled? What is the effect if we cancel? If the effect can give the negative one. It is the need. But if it cancels and doesn’t give the great effect, that is the want. Just like buying pulse, if we think it just gives negative effect, so it is just a want.

4.    Muffle the undetected outcome
One of the failures of family budget is extravagant. If you have made the monthly budget, and there is an extra fund. Save it in the shape of anything, in gold coin or anything else. Sometime if we spare the money for unpredicted thing. It will happen. And to avoid it, split the extra fund in advance.

Your Money, My Money Is Not Our Money

Posted on by
Reply

Have you ever heard the song ‘one plate for two ‘. Yes, this article has the similarity. We will talk about the money. Yes, the money in business and for the businessman. And many of those are setting up the shop from zero, further from minus. And from the background, they are not from businessman family.

So they make it on their own strength and personnel capability. Well, this make they can’t survive. Not because of their bad and lose in competition but uncap ability to manage intern company. This time we will talk about financial business management especially   business and family financial management. What is business money? It is money got by doing business.

And it differs to personnel one. For some people they don’t think it is important. In fact, the money is our money. If we need just take from the office drawer and pocket. And if we need for business we can take from the home drawer. It is no problem, isn’t it? That is may be your response. But remember, this make we are fail to manage our money. The combination of desk is no problem, but combination of importance that is the problem. Please think about my opinion why this is not good.

1.    Not clear how much is the family need
Why? Yes because you always think it always exists. What is the effect? By uncontrollable taking, you may have taken the business money for personnel need. The result? The money liquidity is disturbed.

2.   Can’t get the profit
How can? It can, because you have combined the two needs. The effect you may have the profit for the outcome that day.

3.   Disturbing the deadline of debt payment
This can happen because you have taken the money for paying debt for personnel need. Is this likely to happen? Yes, very possible. There is an interval time between the income of business and the payment of debt makes us as if we can the more income. On the contrary, it is for our debt. If this happens, will disturb the time schedule of paying debt. There are still more the disadvantages of it. So although the money is in one drawer, but always remembers, MY MONEY is YOUR MONEY, YOUR MONEY is not OUR MONEY.

Have a nice work!