For young professionals, needs to be increased from time to time, especially with the consumptive lifestyle. Financial management becomes the most important thing that must be considered. You need to prioritize the main needs in advance than other temporary needs.
If underestimate financial management, especially your financial situation mediocre, it is not likely you are going into debt. For those who are still single may burden borne by themselves, but who are married will certainly weigh on many people. Instead of a happy life, even so miserable.
Therefore you need to make a smart step in managing finances young age, in order to achieve success in the present and the future. Steps such as what needs to be done, the following stages:
1. Set Financial Goals
For what your money? What are your savings? You have to have the answers to two basic questions. By having a clear goal of course will allow you to manage finances. You will be motivated to do the appropriate financial arrangements to achieve your goals and dreams.
2. Expenditure Plan and Record
Most people spend about 2/3 of their revenue in the three important things, namely: food, household expenses, and transportation. There is also savings, debt payments, and requirements such as the optional entertainment and sightseeing. Start by noting the expenditure according to the division of each post.
3. Perform Goods Price Comparison
Now, a lot of stores that sell the same product quality is the same but with different prices. Well, you stay diligent open the online store’s website and look for an interesting promo.
Thousand price difference alone has a great influence. This can make you be loyal to one store and facilitate the purchase of goods at a later date.
4. Debt Management
To have a home and a motor vehicle requires a lot of fund, as well as with other goods. So, one solution is to apply for loans or credit at banks and financial companies.
After receiving the loan, your obligation is to pay the next installment. For those of you who have no credit cards do not forget to actually regulate expenses and payments. Use the loan wisely and carefully to its adverse effects.
5. Negotiate Salary Back
Your monthly income is not sufficient to meet the needs of personal and household? It’s time you look for other revenue.
You are among those who contributed to the company and have a better performance? Negotiating a salary can be a smart move to make your finances become more surplus. Sitting together with superiors and communicate with both the amount of salary you deserve.