7 Signs That Or Not So Good In Finances

Everyone should take care of the finances, but there is, who is doing better than others. If you feel that management master or financial or had never thought about how adept is faring in the financial world, you can read the following seven points, because it might, to cancel or so infallible financial expert than previously thought.

Here are seven signs, all of which shows that it was not a professional or financial matters than you thought:

1. You do not know how much you spend and how much you are looking

If you do not know how much money comes into your bank account each month and how much is off, it can easily happen to loans, overspending and debt to do it yourself, which will be extremely negative impact on money matters.

What is the solution? Consider the use of an application, such as Koin or Expense Manager, which lets you easily lead to shopping costs, those developments. When you realize how much you are looking for and how much you spend each month, you can easily define also how much you can save, invest or even to spend freely.

2. There are 2 credit card debt

Contrary to your future investments and investments in the bad debts usually involve high interest rates, which hinder the enrichment of assets and capital, and the negative impact on money matters.

What is the solution? The credit card debt repayment is always included in the first place in order of importance. The debt is due to the accompanying high interest rates, the debt grows easily and quickly, and eventually can grow many times over thanks to the interest payment.

3. The third surprise bills every month

If you live paycheck paying what you can do when unexpected expenses you face? To pay a hospital bill, a further training or even a weekend getaway?

What is the solution? Or do you have to find more money or less to spend. If the first solution to the sympathetic, try your job to negotiate a pay rise, or try to create a little extra action for yourself next to your salary. If you feel it would be easier to spend less, try to accomplish significant changes in your budget so that you reduce your expenditure greater than one, such as the rent or the cost of travel.

7 Signs That Or Not So Good In Finances

4. Due to a stressful or financial

The living paycheck to paying another drawback is that often stress can trigger or you may feel guilty because of the spending, because you never know when some unexpected expenses come intervened.

What is the solution? Try to determine exactly what it is that causes stress occurs. There is not enough money to pay the bills? Do you feel like you will never be able to retire? You will never have the opportunity to go to a longer holiday to relax? Or you have money and points you worry about your investments?

Do something in order to overcome your fears. It's even better than nothing if it only saves one percent more than in the past, believe me, you'll be calmer at night.

5. Commencement of pension savings.

While retirement may seem far away, the power of compound interest proves to be the best solution if you start to save as early as early as you can.

What is the solution? Think about it, would you like to live the kind of life during retirement, what kind of lifestyle you desire it and start to put aside money as soon as you do that. The NYESZ, the voluntary pension fund, insurance and retirement savings are all forms of tax relief of 20% is supported, and the three most popular means of saving for retirement others.

6. It scares me to the idea of ​​investing

It may seem daunting, but the investment can result in a much larger increase than is possible with traditional savings accounts, so you should get to know them better and to consider them.

What is the solution? Start with simple investments such as mutual funds , where you only need to formulate an overall strategy you do not need to understand the investment.

7. Do you feel you have to hide

If you are afraid of someone figure out the truth regarding, there is nothing to worry about. Up front the authority, whether friends have something to hide sight, the primary goal should be to restore this.