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Archive for the ‘Savings’ Category

Anyone who has never heard the word save for future investments. From childhood to adulthood saving words always around us.

Any wise person would suggest that we have a habit of this one, save for a secure and profitable investment, set aside a small amount of money (usually) on a regular basis.

Save a little money is good. Especially if it is done for children, children’s education, up to keep watch of the things that are not unexpected. We were advised to have cash to finance living for half to one year.

But if you look deeper, the habit of saving could be something bad, at least when viewed from the perspective of your future investment. What is it? Purpose for which you deposit your savings goal … to “wear” is very different from your goal to save for “investment”.

Examples of purpose save to “wear” is that you are saving to buy a new TV, new cars, vacation packages, mobile phones with latest features and so on. Your money will just disappear.

The question now is, what if you save is not to “wear”? But for future investment risk as small as bank interest, deposits, checks and so forth?

It’s also not a strategy that smart investment in the future. Why do it? Because banks lend money that you wear a tube with a 19% interest to its creditors, and pay you less than 5%. After all, if you are a Muslim, you are forbidden to take interest from lending money.

And you should know, the currency system we use today are based on value, not based on gold. One effect is the value of our currency is determined by many least amount of money circulating in the community, and always tends to fall.

You’ve offered a lucrative investment opportunity? Or perhaps offered a safe investment? If I and the “gang of small businesses” I often offered.

Ranging from gold investments, property investment, investment funds and other investments which he said benefits. If I may love the suggestion to you, be careful.

Not because the investment is not profitable. I am also not a prejudice against people who offer such lucrative investment program. But before you jump to invest, it helps to first understand what it’s there and what’s asset liability.

Well, many people are misguided in what is an investment. Especially people who are new to know about investing and would like to find additional revenue, including me. icon Smile Heart Heart If You Offered a Profitable Investment Program The most common is the case of buying a house and buy gold. Many consider the house and the gold is an asset.

The ad went something like this: “Soon Have Your Dream Home, A Future Assets”. Or if offered a gold investment, the ad went something like this: “Gold, Profitable Investing priceless”.

For me, the problem of profitable investment programs, purchase of assets or anything that “smells of profit” is a matter that must be observed completely. I have one of Kiyosaki’s a good lesson that you can apply if you want to invest. I’ll explain gradual. First, you must first understand the sense of assets and liabilities.

Asset
An asset is something that can make money. The shape is what’s up. The important thing is called an asset is something that can make money.
Liabilities
Liabilities opposite of assets. Liability is something that makes you spend money.

You already know it? Ok, second: now go into a case about profitable investment program nih … In your opinion, what gold is an asset liability? The majority of people will answer the assets. Why? Because the gold make money. The price tends to rise.

True? In my opinion not necessarily. If you buy gold at a price200 thousand then you sell at a price of 400 thousand, it is a real asset.

But if you buy gold at a price of 200 thousand then you can only sell at a price of 199.99 thousand, that’s a liability. Because you get money instead of gold, but you actually have to spend money. You do not get the benefit, nor even break even. Well now, when someone says buying a home is an asset, you already know the answer right?

So you do not be fooled by flattery salesperson or broker about the property a profitable investment program. If you buy a house but you do only pay taxes, pay for renovations, paid for  artisan tile and so on, it’s rather than an asset. Another case when you buy a house then you rented, for example.

Similarly, if you buy a bike. If each month you must  money to service the motor,  it’s also not an asset. It’s different if you buy a bike then you like my coverage on the motorcycle taxi business for example. That is just an asset, if profitable.

Actually, this sale in order to what the hell, bro? “I asked over the phone at my friend who in recent times” active “to sell anything, including making an online shop in cyberspace and selling toy guns that became his hobby: airsoftgun.

“It just made. I need the extra money for my entrance fee that will be entered elementary school for eight million dollars. I need prior to January 23, “he said softly at the other end.

Actually I want it but my friend advised eyelet understand the feelings of a father who would do anything for son, I advise cancel. I immediately contacted a friend who also  school who always had a reserve fund in his life. Long story short: my friend who need it for my friend who is assisted by other funds.

Life is indeed strange … yes … my friend who like air soft gun mentioned above are not unusual in a typical company employees as well. My friend is a graduate scholarship from abroad S2 working in a foreign company with manager level although paid in rupiah. By considering the location of his home in the elite residential area, my initial suspicion is my level my friend THIS IS NOT POSSIBLE IN TROUBLED FINANCIAL PLANNING.

But it was indeed, its main financial planning family finances is not easy to implement.

I remembered my friend invitation a few months ago to play air soft gun. I  light: “At this moment I again do not have hobbies that relate to waste money, bro ‘. My friend replied: ” going to be a new relationship that could products”. That’s true but I thought this my friend replied: “At the moment I do not have the funds entertain, I still realize the focus of the family reserve fund. Even if there entertain, I try to try a low cost social events but has good social benefits. What’s better not to play air soft gun your fund was reduced from 3x to 1x a month  fund that was created to play air soft gun is saved for your child education? “.

Save the base of the rich! The old motto that still held some more people to date. With scrimp then the path to becoming wealthy is wide open. Why … you know Hard to believe. Living in today seemed difficult to downsize, many needs that should and need to be met. Primary, Secondary and Tertiary.

The rapid progress of the world and its technology, a factor which allows us to continue to consumptive. It was inevitable, but it must be realized that the future still beckons. There are families, there are children and old age. What a pain of being, if the economic problems did not bother us, whether it is because we are able to fulfill our heart or prefer to live in simplicity, so that “money is not everything”. Okay, after we stared future ‘not’ clear. It would be nice, we plan everything in advance.

Will be explained in this blog about:

Saving ratio 10% – 50%,
Three aspects of the calculation of savings,
Goal / target savings as a motivation.

Here’s the explanation ..

Saving ratio 10% – 50%

• Related to finance, secure solution that the main thing is to save money. With the savings we can ensure our future, family and children are protected. That percentage should be saved for the future or the saving ratio, ranged from 10% – 50%, so we can limit the amount of expenditure to what extent.

• Three aspects of the calculation of savings

• First, the amount of savings that have been owned at this time. Second, the magnitude of the remaining installments. Third, financial goals to be achieved within the next 5-25 years.

Goal / target savings as a motivation

• And from 3 aspects tersebuat, then we can divide the savings for some purposes, namely;

First, you must have an emergency fund, at least 3-6 times per month family expenses in savings or time deposits. If not there, try my best to have it by saving as a percentage of 30-50 percent until the fund is formed.

• Secondly, if you have a mortgage and vehicle, try not to exceed 30 percent of the amount of revenue that could still be trying to set aside about 10 percent for savings.

• Third, if you are saving for school fees or retirement funds, make an estimate of how value for money you’ll need later and Save money on a regular basis in accordance with the estimates.

Because of the large percentage of the savings will depend on the size of your goals and time period to do so. Insurance premiums which can be classified as savings is just for insurance products with cash value or investment value, such as education and pension insurance.

If you postpone financial decisions that must be taken then it can ruin you but when you do it early, it can give welfare. Is that correct? All decisions in your hands.

Ric Edelman, financial planner reliably from America, mentions in his book entitled The Truth about Money, there are at least four major problems that make people fail to create a prosperous life as they expect, namely:

1. Attitudes procrastinator (procrastination);
2. The habit of spending (spending habits);
3. Inflation continues to rise (inflation), and …
4. Taxes (taxes)

The first two mentioned Edelman’s more a matter of personal / private, while two other things may be said as a matter of “social”. Or it can also be said that the first two barriers are factors “internal”, while the other two are “external”.

Factors “internal” must be addressed and resolved at a personal level. Attitudes procrastinator financial planning, a major factor not achieved prosperous life in the future.

Delaying financial planning in order to prepare the children’s education costs, for example, can be bad if viewed in the long run. As a result, children who we love just might lose the opportunity to enjoy the learning process in the institutions of good quality due to limited funds. In terms of preparation as well as pension funds. Those who do not prepare ahead of time – ideally in the span of 30-40 years before retirement were – probably would bother the other (either family or government) in the future.

In contrast to the factor “internal” is more a personal responsibility, the factor “external” relates to the social and economic conditions of a country. Not many people can contribute to inflation and set the matter of taxation in a country. This is influenced by many factors very complex which could even exceed the ability of a government because of the relationships in the regional and international-scale globally. That may be made by individuals in overcoming this is to anticipate the various possibilities that will emerge with a draw lessons from past history. That is, even if inflation and taxes we can not control, but we still can determine the personal attitudes toward these things.

I wanted to save money, but I need a lot. I kept the money runs out each month. Moreover, the prices keep rising needs .. “. The phrase is sometimes familiar to you or maybe you want to be able to save money, but in practice, it is hard to do. Are you including people like that? Always running out of money at the end of the month so it can not save? Do not be discouraged. Everyone is almost certainly experienced it. Saving regularly, often done for various purposes. By setting aside money on a regular basis, then the money collected can be very useful. The following are tips that can save easily help you save money by better:

1. Pay Your Self First. If you always shop first and do not have time to save money, why now you do not reverse the process? Begin by setting aside 1 / 3 of your salary for savings before you pay for other needs. If you do it regularly and discipline, then after a year, you will already have a store in bulk.

2. Make Savings For Spending Pos. Enter the postal savings into the post pengeluaranrutin each month. Think of saving as your regular expenses equal to pay the mortgage debt or other household expenses, like electricity bills, PAM, food, transportation and others.

3. Do not dismiss a dime. Never pay with coins. Berbelanjalahhanya paper with money alone. If you can return the coin, put coins into a piggy bank (piggy bank or canned chicken). Do not open until filled, if it is full masukanlan into your account at the Bank.

4. Savings Deposits Increase Income Up at a Time. Every time you earn more money as an annual bonus  then set aside in advance to add to your savings. Likewise, if your salary rises will also increase the number of regular deposits your savings.

5. Have a Special Savings Account. A family should have a special account that is used to membiyayai outposts family expenses separate from personal accounts. While the special savings accounts should also be made separately to the accumulation of funds collected for the financial goals to be achieved, not used for other expenses.

Take the time to figure out what exactly triggers your expenses. When you are depressed, stressed, sad, happy, or whatever it is, whether you spend more money? As you already know what the trigger, then you can learn to control it. For example, if you recently laid off from work, even though you have little money, maybe you have a “need for” strong for spending money. Then, maybe you noticed that when you’re bored, you’ll go shopping. Now, by knowing what causes it, then you can change the way you cope with boredom, sadness, or other triggers. Look for other more useful ways.

• Avoid temptation

If you have a weakness, stay away. For example, if you are easily tempted when looking at shoes, then do not stop at the shoe store when traveling. Avoiding temptation is hard, but saving money is also important. When you want to satisfy the urge of temptation before, you can use a special fund that you have saved for the sake of your pleasure (tips number 3).

• The Right Time to Shop

Research has proven that when you shop when you are hungry, depressed, sad, and tired, then you will spend more money. Before you go shopping, eat something so that there will not be hungry when you go around the mall or market. If you’re annoyed or upset, calm yourself before you  shopping. It may sound funny, but with a clean mind, then your shopping activities will also be more effective

You probably already know and understand by heart, if you want (more) rich, one wayis saving. But how hard is that it? The following are six tips to know the reason you have trouble saving utma, So if you really, really want to do it, do not ever hide behind an alias to avoid the way of thinking like this:

1. There’s no money. “How willing would save if the save was not there!” So said a friend. Then I asked what he did the first time while receiving a salary. He replied, “Pay the debt of three credit cards (the size of half of salary) and the rest to live for a month.” After further examined, the culprits, none other than, sourced from an extraordinary zeal to swipe a credit card while window shopping . So, in case there are items that must be brake its speed for the other items more important, because basically, saving is definitely doable, although just what percentage of your income

2. There’s Still Time. Reason, “Later on if there are money !” You’ll often say. Well, according to Rob Bennett, author of Financial , the more your age and the more  your bad habits, will be increasingly difficult to eliminate. Including this lazy habit of saving.

3. Today For Today. The third reason that is often touted as about saving people is, “I want to enjoy my first earnings, should not it?” Tentnu be allowed. But the purpose of saving money too right to decree anything could buy dinikamti. Only difference fun of Beru savings can be enjoyed after a certain period of time. While people now prefer instant ways. Owe the pleasure, pay later.

4. He has been Saving. If you are a married woman, your husband probably the most often used as a shield. Assuming her husband was doing, you lazy to do it. Yes if the husband is diligent in doing it. If you have more funds, there is no harm in having their own savings. Just in case, there is no harm in it?

5. Reserves have. “I saved anyway, this evidence, ‘said a female friend while mesam-mesem shows collection of shoes and handbags branded his mountain. Yeah, rite! She said the items could be melted. If at any time he needed money. Sure, but its worth it of course is lower than the value of money you spend at the beginning is not it?

6. Hoping Heritage. Sound stupid huh? But it really Happened! This is common in those born in rich families. They will think why bother saving, yet will be inherited from the parents later. Yes if the inheritance of property, if it be payable?

• Set a date to save, of course this is not a problem if we have a monthly salary. But this must be considered well if we are such an entrepreneur. Therefore determine the appropriate date to save each month.
• If we have a debt, such debt to the bank then immediately pay off the debt. Because as we have seen interest on the debt value is greater than the value of interest savings. If the debt is paid off, it will be much easier for us to conduct consistently save each month.
• Good, then if the habit of saving has been running quite well, then begin to consistently keep trying to save each month. Even if necessary and allow a better part of investment programs which can usually withdraw the money automatically (auto-debit) each month for the tube. Many Banks that offer this type of program, please select according to the needs of each of us.
• After saving activities can really run well, then it is further motivated us to increase the value of the amount of savings for each month. A lot of motivation that can be used in this case, for example, as if to give the cost of the pilgrimage of parents, intentions around the archipelago or even a vacation abroad with people we love, and many other types of motivation that knows where it is more detail is each of us.
• After a big motivation in saving already exists, then we should move to higher levels. Use our infrastructure to realize the motivation. Many means by which we can choose, such as using a savings account that can not be in touch within a specified period such as deposits

Inculcated the habit of saving and indeed should be done at an early age or from the children. By having a good savings habits, then we can plan the future with better again. But unfortunately as we age, the more often we will find new problems, especially problems related to finance.

Recently, a reputable survey organization that is Financial Quotient Survey (or if  more or less means the Financial Intelligence Survey), released new data about the habit of saving the people of Indonesia. The result does that mean there are no surprises, where the core is still a lot of our society who do not apply the savings habit with a good pattern. The survey results indicate that, only an estimated 47 percent of our society who have the habit of saving, and even then only by 29 percent of it devoted to the budgetary expenditures have been made and planned in advance. In the quotation from Compass ya, according to Vice President Corporate Affairs Head, Citibank, said the questions frequently asked by several people about saving money are:

How to save money, while revenue has always gone for the day-to-day expenses?
How to choose the most promising investment ? Even if we already know, but still confused how to get started!
Still confused determine the most appropriate business, so once again the still confused where to start, etc..

Responding to these questions, here are some 10 top tips on how to save easily highly recommended to be applied:

Analyzing our custom made during each month of her.  saving requirement is quite simple: if we get a month income that is greater than expenditures. But here is also a crucial problem of why most people are lazy to save. However, if viewed more deeply, there must be actual expenditures can be reduced or even eliminated as long as we have a strong desire. Well to select and sort out what expenses are to be suppressed or even eliminated, then we must first know the habits that we do for every month. Analysis and study it in depth, then surely we will find the solution to determine what types of expenses that must be suppressed.
Set aside the money at the beginning of the month. why not the end of the month only. Hmm … Usually if we want to save the money remaining at the end of the month, then the remaining amount is little or sometimes no. Therefore there is no harm in setting aside money for the tube at the beginning of the month. In this way we will try to keep the plans we have made previously is saved for so many the beginning of each month.