* “Do not follow the Pack” comes to using your own criteria and find out enough to make concise decisions. 
The fact that work for many does not mean that going to work for you.
* “Do what you like” Do not work for money, working with what you like. This will help you feel better as human beings. There is no better job than your full-time hobby.
* “No one gets rich on her salary” All the people who accumulate wealth that they do not expect the next fortnight to collect, they think of accumulating wealth and for that there is only one way: Savings.
* “The moderate, but not stingy” No boats your money, but he learns to find balance in raising you. For example, do not buy a car last year for which the value of a car is reduced by 80% the first year and most of the time changes from one year to another are minimal.
What advice would you give to our loved ones about finances to help them have a better future?
If you have a family, everyone must participate, no one can do all the work alone. Make sure your spouse and children, understand that the family is having financial problems and they all must meet a series of steps to help them recover.
1.Make a realistic budget and stick to it. This includes a periodic check and adjustment of their numbers and spending habits.
2.Do not buy impulsively. When you see something that has not planned to buy, avoid doing so, think twice.
3.Avoid liquidation. Buy something $ 20 cheaper may mean an unnecessary expense.
4.Tailor your insurance to their abilities.
5.Buy something they can afford at the moment. Do not pay expenses in the future, credit cards can betray your budget unconsciously. Read the rest of this entry »
The difficult economic situation taking place in the world affects us and can lead to wrong decisions, leading to a vicious circle in our economy. Here, eight tips to prevent it.
Much has changed since the high-flying days of the late 90s. The stock market is down and does not appear to be in the process of rising. Major companies are dismal and startling ads each week. And the news of layoffs fill the media.
But when it comes to handling the ways of investing, little appears to have changed much. Again, this is for continued attention to common sense, not tempted by the bright flashes had never before heard of, and seem to get rich from the overnight.
Some tips we’ve collected from various specialists, will handle these very turbulent times: Read the rest of this entry »
In this blog we always talk about how important it is to plan expenditures and establish a consistent savings plan. Bankinter has launched a new advisory service for saving, setting targets to achieve medium to long term, we can help in this task is often quite complicated.
This “Personal Financial Planning” offers a customized plan, according to their risk profile, and trying to maximize savings and maximize tax advantages. It also takes into account changes in the life of any person and their diverse financial needs: marriage, buying a home, children, retirement etc.
With these data, we estimate the changes to future revenue, expenses and assets of the client, depending on your current situation and considering three scenarios: pessimistic, optimistic and normal. Then, it is proposed to not only an investment portfolio, but a regular contribution plan that can be adjusted year to year depending on market trends and customer needs. Read the rest of this entry »
Plan is to build a clear and organized to achieve a goal.
Planning your finances is the process of identifying targets for the management of asset and liability flows of money in the medium and long term, and implementing appropriate steps to achieve them, with due professional advice.
Put simply, we start to assess where we are today (economically speaking, assets, liabilities, revenues and expenses), where we are going, and what is more important, where it is heading and how we will.
In Personal Financial Planning, everything revolves around the person and their wants and needs, not including business plans.
It is a process that develops over time, with appropriate modifications as conditions change and the environment. Read the rest of this entry »
Where to invest in 2010 and make money – creative commons
Start the new year and those who have been saved after tightening the belt through the crisis may now find great investment opportunities.
Since the beginning of each year, savers are looking to make more profitable your money. Issue that has been somewhat tricky in recent years because of the crisis that turned any investment in unpredictable and insecure. Although in 2009 there were also very profitable investment funds despite the crisis, now seems a good time to invest as recovery times are observed.
The value of gold as haven
Gold still stands as a very interesting place to invest in 2010 because it is the haven investment and it is always advisable. However, you should also know that investing in gold in 2010 is truly profitable short-term investments. With regard to investment in gold in this year, the fund manager Deutsche Bank Group predicts that “the speculative interests can put an ounce of gold above $ 1,500.”
According to Jesus Maria Ipiña, Atlas Capital Advisory, “to be closely linked to gold dollar, and while it continues to fall, investing in gold will be very profitable. But it may show fluctuations as the U.S. currency is strengthened and appreciation of the value of the currency would hurt investments in gold. ”
Raw materials, a very profitable choice
Investing in commodities in 2010 is another profitable option as the CEO of Global Afinet EAFI, David Cano. Who also suggests how to get better returns on investment funds in raw materials in 2010 is that there be “linked to several of them,” because it is a safer way to invest money in savings by avoiding and speculation.
The multilevel marketing produces large revenues
Making the business opportunity offered by companies such as make you a master of his own franchise with minimal investment.
Currently it is very common to hear comments on the difficulty of finding good jobs and though today we live a very delicate situation, there are job alternatives that may be a solution to generate revenue and succeed at times of crisis.
The network marketing business
A very good option are multilevel or network marketing business. Such companies offer a number of advantages that are very helpful in the short and medium term and represent a serious possibility of economic, personal and professional.
“A multilevel business provides a good opportunity for growth. Unique features include the ability to choose the team, decide on the number of hours they will devote to this activity and place, can be from home, office or anywhere else, “says Laura Bahena Mancilla, consultant in business planning and coaching specialist staff.
In Mexico, 40 companies operate about multilevel marketing and its main characteristic is that the marketing is done directly between the producer and consumer, building a network of small distributors who profit by the use of associate members to its working group.
Origins of multilevel marketing
This method emerged in 1941 in the United States and has since been implemented throughout the world. According to Forrester Research, network marketing, currently produces around 230 billion euros per year and distributes a large amount of their profits among their partners.
Economic benefits
“The MLM business has great potential for development and profit millions. Professionally I know people who earn more than $ 8,000 a month. But this is not the overnight, it is important that partners have a business plan, record and clear and precise goals, “said the specialist.
What is the ideal profile of someone looking for a job as a teleworker. Powers, advantages and disadvantages of this new way of working.
For a teleworker is necessary to develop certain skills that formal education does not always ignored.
The teleworker has to make decisions, organize their family life, be disciplined in terms of hours and work schedule, doing activities with a partner who may not know, communicating through electronic means, and learn about the usefulness of a virtual office to realize a business or comply with a scope of work.
It will also need to develop some technical skills, as the company’s technical support is not always at hand, eventually learn to run a virtual machine or to perform effective meetings using Internet resources available.
The competencies required of online job seeker
If a person either by necessity or by choice want to join this new group of workers will face the challenge of developing skills and abilities, both technical and organizational, to a greater or lesser extent according to their activity. These skills are in their power to telework.
Through the effort, learning and experience, becoming more or less competent to work remotely.
The profile of the ideal teleworker as Loreto Marchant, manager of Ace Consultants, the teleworker should also have skills in the use of ICT, skills to help you work emerging in this space.
Some practical ideas to start our savings:
* Make a list of expenses and income of the household
* Eliminate unnecessary expenses, such as reducing cellular costs, we live in a world sometimes unnecessarily hyper-connected, replace the use of fixed telephony, IP telephony, watch less TV, this simple action can save energy. I leave to the reader’s imagination as to continue the list.
* Look for things that are no longer used inside the house and sell them online
* Optimize food purchases using trade fairs, consumer organizations, better targeting products
* Organize and manage time better, it allows to better distribute the money that comes in the house
Buy a plan with a savings or retirement fund that allows relatively low monthly contributions to debit credit card normally give an average annual return rate of 9% in dollars, these plans create wealth and welfare in the future.
* Make a list of “do”, this involves determining goals for the short, medium and long term. For example, a beach vacation in luxury, traveling on a cruise ship, change your car, buy a house, jewelry, or just do a postgraduate accumulate cash.
If in doubt, seek advice
After defining the objectives, and before taking any investment decision, it is important to know what the risk tolerance that we as investors and what is the expected return.
As stated in the prospectus, any doubt, consult with a physician.
In conclusion we can say that planning is one of the pillars of success, but will not be effective if the plan is not met or do not take the right decisions with the right expertise at the right time.