Getting out of debt and improving finances has become the goal of hundreds of thousands of people, just take a look at the delinquency rates released by the press and in the online and television newspapers. But the question is, do you feel you are always having financial problems?
Are you always struggling to keep your accounts up to date, more or less, no matter how hard you work or make money, money never gives? The more you pay bills, the more you try to get out of debt? Just one more question, how much money have you saved in the savings or how much money do you have to make a long-term investment? Many people have gone through this, would not it be time to think about having a more solid life?
Tell me, who are you putting the blame on? What are your excuses for not being able to rest your head thinking about debt. Usually we blame others, blame luck, blame and the economy, government, and so on, anything to justify our financial problems.
Enjoyed it is you know where the root of the problem is, right? No more delays, here are my tips for you to help yourself financially and get out of debt.
Control your expenses
1 -) Although it sounds simple, most people do not, simple adjustment of costs and expenses will help you control your income, start spending less than you should, eliminate expenses that bring joy at the moment but dislikes in the end of the month.
Make a budget
2 -) When you start to think that R $ 1,450 pays for all housing, grocery and travel expenses and personal expenses, plus 3 or 4 credit cards, you will have problems, start by making a budget of how much you can pay, not how much you want to spend.
3 -) This advice you will always read, it’s simple plus it’s true. Share your income, get a share for the most turbulent days and a part for investment, the rest pay your monthly expenses. Only use the money saved when it is extremely necessary. The money earned from work is yours, not from debt, spare part, 10% + 10%.
Do not lie to your self
4 -) It seems ironic, but we have a big flaw, we lie to ourselves about our financial situation. If dodging reality is a form of unsuccessful protection, the ideal is to face the debts when it appears, the bills are there, the values do not lie, the payday does not change, so why be deceiving yourself, pay your bills to leave of debt.
Cut Credit Cards
5 -) Credit cards are excellent for anyone who wants to manage their personal finances, on the other hand, if your credit cards are causing predatory concerns and interest because of late payments, then it is better to cut, block or any action that inhibit its use.
Increase your income
6) Self-indulgence is an evil that hits a huge number of people, if you are already working to improve your financial control, it is best to find another way to increase your monthly income. Make transactions with businesses online or involve with some kind of extra income, look for businesses that involve little investment to get started.
It goes without saying that no matter how many advices or tips you are reading or talking to you, if the tips are not put into practice, you have wasted your time reading this article. You can start changing habits, do the math to see how much you would save by simply quitting a cup of coffee at Fran’s Café, hundreds of dollars.
Put everything into practice to get out of debt and you will see that your personal financial situation will improve progressively.