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A Guide To Setup A System For Managing Your Finances

A Guide To Setup A System For Managing Your Finances

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A Guide To Setup A System

For Managing Your Finances

Are You Stressed To Have A

Control On Your Finances ??

Calm down !!!

Here Are Some Tips, which will diminish your Stress…

1: Create A Plan

Have a control on your budget

Prepare a checklist for your

finances

2: Setup A Clear Budget

Have every detail of the money

you have coming in, such as :

Salary

Incentives

Any other benefits

And the money that goes out

such as :

Rent Mortgage

Insurance

Taxes

All your other expenses

3: Stick To Your Budget

Spend your money on the things

that are important to you

Check closely at where your

money is going & list those expenses, such as:

Household bills

Financial products

Travel cost

Living Costs

Family & friends

Leisure

4: Pay Off Your Debt:

Cut up your credit cards

List your debts by interest rate

Pay your high interest rate debts

to increase your credit score & free up more money

5: Be Attentive Towards Your Bills & Statements

Reading your bills & statements

helps you keep track of your expenses

Also it will let you know the mistakes

that may occur on your account

6: Build Your Savings

Maintain a saving account

Set your saving plans like:

Emergency fund

Housing fund

Vacation fund

Vehicle fund

Some places where you can

save your money :

Safety deposit box

Bank account

High interest savings account

Tax free savings account

Term deposits or guaranteed

income certificates

Register retirement

savings plan

Thank You…

Global Guild Of Certified Coaches

Global Guild Of Certified Coaches

Website: https://www.certifiedcoaches.com/

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