Save a percentage of monthly income, avoid unnecessary costs and pay bills on time are some clues.

Amid fluctuating economy characterized by low wages and offer at the same time increasing living costs annually, gaining increasing importance Learning to handle money properly. This is not only the key to a person to stay afloat financially, but it is also important to build future and seek to achieve the objectives that each individual always dreamed.

Managing money is key in times of crisis

So for an employee, independent contractor, or a student, here are some tips to manage money and consider simple strategies to build future, spend efficiently and avoid debts. Here are five specific tips to save money and avoid the temptation to spend it on the wrong things:

Avoid impulsive and unnecessary expense

Set priorities and develop a strategy to avoid unnecessary expenses, limited to social events, carried in a wallet silver only fair and organize expenses as priorities, are some actions to control the capital. It is important to refrain from committing more money than one person wins, like cutting unnecessary expenses and provide through a simple cash flow, income and expenses, payments required during the month to remember those who have more priority. Self-control is key to this strategy, it is important to be strict with money, where it is recommended to think before making any purchase, three reasons to do this additional expense, (why buy? Would you wait? Is it necessary? If at the end of this discussion, a person fails to respond correctly at least two of these three questions, it is best to refrain from buying the item, product or service.


Paying bills on time and avoid falling behind

Try, if possible, pay off debts and meet the most important obligations of the month, is something transcendental. Thus, not only one person manages to be fulfilled in their commitments, but also reduce the likelihood of spending the money on what is not needed. To the extent that an individual meets its obligations faster, avoid temptations on things that are less important than the priority commitments of the month. Organize debts, annotate and save receipts commitments (not just in case you have any problems with payment), is a financially healthy habit. Failure to do so can cause gaps in monthly statements and do pay small amounts on each debt, which by bringing together all the commitments, may result in a deficit at the end of the month.

Find a method of fixed monthly savings

One of the pillars to have a promising future is to devise a savings discipline commensurate with the financial capabilities of each person. It is important to think of a real amount of savings and do not see this process in terms imaginary. Seek to save between 10% and 20% of salary is recommended, it is something that will also support in case of any emergency. This monthly savings , can help overcome any difficult time. Once you determine the actual amount of savings capacity is crucial to consider a method that helps meet this goal and above all, to avoid having this money easily, but when the person wants to get the capital to buy that for you been saving.

Consider options like saving by corporate business, a special account just for that, save cash capital, save by a certificate of capitalization, including through trust funds or voluntary pension are some alternatives. The important thing is to think about the method that helps force the savings . It is important to try to save this money as soon as you receive the salary, so slowly you can go create a savings habit and develop self-control and discipline of economics.

Organization and Financial Education

It is important to have only the money necessary and seek to do anything possible to organize the costs of day to day, so you do not have to make any additional expense. Once a person has managed to save with discipline over a period of time, it is important not to stop and continue with this practice, while this money is put into production. Read, expert advice and invest in various portfolios, entities, portfolios, TES, CDTS, actions and other options is important to increase the capital saved. This financial education is not only ideal for raising capital, but will also provide education to better manage the economy of a person, while helping to open the financial possibilities in terms of business for the future.

Avoid debt

Constantly, people are tempted to invest in a business or perform any expenses you have to go into debt with an amount higher than they can afford. Therefore, avoid excessive use of credit cards is recommended, which means interest and temptation to buy things, gradually reduce consumer capital. Consider participating in business purchases, investments and other expenses, as consciousness is important to know what you really can afford in the future. If a person will ask for a bank loan of any kind, it is best to attempt to organize quotas so you can easily meet the payments, and thus do not have to default on other obligations to keep up with the loan. Many times it is more preferable to defer a loan fee, which choke on payments and incur high breach of other obligations.