Tax Day and Finance Advice

Posts Tagged ‘financial’

This is where the foundations of a good financial education in action and is something I learned from Mr. Jim Rohn.

Principle 1: “pay yourself FIRST, ALWAYS”

By this I mean that every time you receive either your salary income, business, utilities, etc.. Rather than spend it or give her the fate that you should give, book a party and which is exclusively for you and that payment will not touch it. Recommendation deposit it in an account that gives you a greater benefit than the traditional bank, whether an investment company, or perhaps through insurance investment schemes in the middle so you more attractive, but somehow secure and force you to pay you first yourself. The amount recommended is that is 10%, does it?, Of any income you get to your pockets.

Principle 2: “Give to Caesar what is Caesar’s”

Maybe this is the principle that more work would cost and refers to the following in your income goes to pay some taxes, indirectly pay taxes but there are some who often find it hard to set as the payment tenure, the endorsement , and property tax, various taxes in order that while there is much controversy about it for reasons that are currently living in the country that could make us doubt, it is always better to be clean and not owe anybody to be hiding, it’s good to stay a part of our revenues for when the time comes to make such payments and do not grab us by surprise, recommendation 5% of your income for this segment.

Principle 3: “GIVE TO GOD WHAT IS GOD”

This is the complement of the preceding sentence, is said to give more get more, I really think this may be one of the few absolute truths. At this point we refer specifically to charity, is donating a portion of our income for Read the rest of this entry »

I believe that one of the people who have had more impact not only myself but of many people is Jim Rohn, you may know who I’m talking about, maybe not, if you do not know a lot of good information about it on the net very good content. However I would comment you the basic principles which are indirectly learned from this gentleman. Sadly no longer with us but his legacy is sure to endure for long.

There are a lot of books, audios, videos and more from Jim on what could be said under my personal perception is a fusion between mentor, philosopher, scholar and especially someone of great value as a human being. Any material you find on it is advisable and some will leave.

Remember to break into these issues of financial freedom I had the opportunity to study some of his works and do some workshops, and can not believe how easy it can lose focus and fall into the money game and I refer specifically to fall the trap that society itself has allowed and even rewarded it happens. For example, when someone finishes a race, start to work and receive their first paycheck seem to be detected almost automatically by our “prestigious financial institutions, Read the rest of this entry »

If this analysis promotes a desire to change jobs, you are advised to respond as honestly as possible to the following questions:
* Is it realistic to make such a radical change now? To answer this question is necessary to consider all the years of experience in a particular occupation / profession accumulated and assess what they value.
* Am I qualified or for this new occupation?
* Am I sufficiently made or prepared and updated to address this change?
* If not, does it have enough money to carry out the necessary training?
* Do I have enough money to survive during the transition?

Some helpful tips are:
* Try to reduce costs further. Be as realistic as possible with respect to what we believe are necessary expenses but which, indeed, may be dispensed.
* Do not increase the debt by the excessive use of credit cards. It is advisable, if possible, cancel the use of credit cards, or collapse.
* Contact your creditors to try to defer payments or extend the period set to pay off the debt.

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