12 Sep 2012

Make your Money Worth.


     
   A lot of people spend without plan and lose money value from inflationary pressures.
         Follow these Ten tips for making your money worth.
1.Prepare a personal balance sheet with your assets,liabilties and networth.
2.Follow financial discipline.
3.Create an emergency fund to meet atleat 6 months of expenditures as a precaution.
4.Do not invest in liabilities.
5.Save and invest in assets such as shares,properties or metals.
6.Include Exchange traded funds and eCommodities in your platform.
7.Do not replace your electronics frequently.because it face sharp decline in value year on year.
8.Make a family budget for the year.
9.Increase your net cahflow.Reduce unncessary expenditure.
10.Review your Personal finance habits.

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