Saturday, September 23, 2006
SIMPLE FINANCIAL RULES
The complexity to manage personal finance could be overwhelming. These are a few simple rules to simplify personal finance that I learned through the years.
Make More
This sounds strait-forward.
Spend Efficiently
Note it is spend "efficiently", not "less".
Consolidate Service
Consolidate accounts in as few financial institutes as possible. This not only saves one from dealing dozens of statements every moth, but also make it easy to track income and spend.
Go Digital
Online banking, trading, bill-pay, statement, e-file tax, etc. Use a personal finance software such as Quicken or Microsoft Money. Backing everything up into a protable external drive.
Enjoy Life
Isn't this the whole point of doing the above?
Make More
This sounds strait-forward.
Spend Efficiently
Note it is spend "efficiently", not "less".
Consolidate Service
Consolidate accounts in as few financial institutes as possible. This not only saves one from dealing dozens of statements every moth, but also make it easy to track income and spend.
Go Digital
Online banking, trading, bill-pay, statement, e-file tax, etc. Use a personal finance software such as Quicken or Microsoft Money. Backing everything up into a protable external drive.
Enjoy Life
Isn't this the whole point of doing the above?
# posted by SIMPLE FINANCE @ 6:54 PM 
