Thursday, June 30, 2011

Managing your money

The second step to become a successful individual is learning how to manage your money. Here are some tips:

·         Identify your financial goals

·         Make a budget

·         Save money for unexpected situations

·         Keep track of your expenditures

·         Control impulse buying
If you find you spend more than you make, there are only two things to do: decrease your spending or increase your income. (Feldman, Robert S.)

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