We have just two days left to complete the money managing rituals. I sincerely hope all of you would have without fail followed the steps. On the sixth day we are going to turn our attention towards emergency fund.

It is quite important to have an emergency fund set up, as you never know what emergency situation might encounter you. When we face such situations, it is not only embarrassing to seek favours from various sources, but it is also quite dangerous not to cat quickly due to lack of money.

Hence by all means once should try and save for those rainy days. Make sure you allot at least 10% of your take home pay towards emergency fund. You cannot compromise on this one. If you could add more to the fund, the better. But if you have more debt piling up, try to clear that off first by paying more debt payments and allotting only a small portion towards emergency fund. Once the debt comes down considerably, you could put more money to the emergency fund.

If you have been doing this much so far without any interruptions, then i assure you that your financial success is guaranteed if you follow the same path throughout.

Hi everyone!!! I hope that all of you must have done your 3 day ritual regularly and i am sure you are sensing some improvement already from within. Today , the fourth day we are going to concentrate on Credit Cards

Analyze the payments you are making for all your credit cards every month. Ask yourself if you really need the number of credit cards that you own. If not surrender some and have as less as necessary.

Also make the monthly bills on time to keep a clean record of your credit score. Make use of offers given by the credit card companies. Do not fall victim for marketing gimmicks and buy a credit card on an offer as the APY might be a lot higher compared to the traditional ones without offer.

Determine how much credit card debt you owe to the company and start allotting a considerable amount every month.

Thats it!!! We are done for the day. This will not take more than an hour to analyze. So you can go to sleep with a satisfaction that you have completed more than 50% in your attempt to fix your finance.

You must have already known that asking for a better deal from utility provides regularly could save you a lot of money, but did you know you could apply the same rule to your bank?

Are you still using a brick and mortar bank like i do? Then here are some tips that might help you.

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It is believed that money is something not to be mentioned in a polite conversation. But this rule doesn’t apply if you’re in a serious relationship with someone.

Talking about money to your significant other is an important part of your relationship, if you are planning for a future together. Here are some things you must remember while talking about money to your partner.

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Are you a beginner in the field of investment and money management? Want to know the basics and improve your knowledge in the field of finance?Then there are few things i recommend.

1

Use the internet wisely. There are various websites that offer abundant information about basics of stocks, bonds, insurance, tax and anything you wnat to know. Make use of it. Reading any of these regularly for atleast 10 minutes a day can increase your knowledge gradually.

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There isn’t anyone who would go away from the word ‘Rich’. However not everyone is able to embrace richness, this is because the rich are disciplined about money and follow some rules to make that money stay and multiply.

Here are 4 Tips you could practice to become rich:

Love the process more than the result:

If you keep on thinking abot becoming rich without enjoying the efforts taken, it could be a difficult journey ahead. Hence although the amount you save each month might be less, be happy that you are doing your job.

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Hi Everyone! We have come across various tips to save money, to build wealth and start investing. Yet some of us remain hesitant towards taking our first steps. I not going to give up. I will do my job to keep you all as much motivated as possible. Today i am gonna give you all 4 simple lessons about money.

Lesson 1

Never spend more than you earn. It is simple mathematics. Spend as much less as possible than you earn, the more the gap is the more beneficial it is for you.

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Almost everyone of us would have played monopoly at some point of time or the other. The prospect of buying more properties and having a huge amount saved up in bank should have been delightful. Equally disappointing should have been getting into debt or ending up in a prison.

Monopoly is not merely a game of entertainment. Apart from increasing your general mathematics knowledge it also has few valuable lessons to teach. Lets have a look at them.

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I read a lot of a financial blogs and recently I read a very interesting story which has a very important financial lesson for all of us. The true story is about a financial blogger who happened to share a bus ride with few folks and soon they got talking.

When the other passengers came to know that one of them is a personal finance blogger, they all tried to gain some advice and in return told him their personal financial perdicament.

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