Managing Money Like a Pro: Life Hack: Never Run Out of Cash Kindle Edition by b.a. Freeman (Author) Format: Kindle Edition. See all formats and editions Hide other formats and editions. Amazon Price New from Used from Kindle, 9 September 2015 'Please retry' $1.43 — — Kindle $.
Have you ever wonder what makes you smart money manager. You know, you don’t require any financial degree to become financial expert. No, I don’t mean to become professionals who are helping others to manage finance.
But I recommend you to be smart enough to manage your money. Or at-least you can assessing the opportunity you came across thru. Or you can check your adviser’s advise.
Money management is the process of expense tracking, investing, budgeting, banking and evaluating taxes of individuals. Money management is a strategic technique to wealth thru tracking on Cashflow.
1. Have financial goal : To hit the goal, you have to have the goal first. There are so many plans you can have. But what I prefers is Start with budget plan. This is the most basic but really necessary and often ignored by the most people. This will be really torch barrier and even eye opener about your cashflow. Because people often ruin their hard money for nothing. Although they are working very hard but not thinking about the difference need and greed.2. Budget for everything and everything for budget : Being a good money manager means you have to stay on top of your finances all the time. The most simple way to do this is to have a regular tracking about the budget. If you want to go further well, you can consult your personal finances on your own. The important thing is to check if your budget is still aligned with your current priorities. Sometimes, as we age, our priorities change as well. You have to make sure your budget will compliment all these changes.3. Never shop without a list : in today’s era of consumerist requires us to purchase basic necessities. You can grow your own produce but there are things that you still need to buy in the grocery, retail stores, etc. If this is inevitable, then it is best for you to just shop with a list. This is the best way to ensure that you will stick to your budget and a great way to review what you have at home before you go on a shopping errand. That is how you can be a smart spender and manager of your money.
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