Sep 9, 2022 | Financial education, Good financial advice, News, Overindebtedness
One rule that always applies to a good investor is to spend less than you earn. If, for example, you earn 2,000 euros each month you can consider that 1,500 will be devoted to expenses, necessary and otherwise, while the remaining 500 euros will be savings. There are...
Sep 1, 2022 | Financial education, Good financial advice, News, Overindebtedness
If you set as a goal to live within your means you will immediately understand what expenses you can or cannot incur to avoid having to ask other people or the bank for money. At this point it becomes important to analyze one’s monthly income and spending...
Aug 25, 2022 | Financial education, Good financial advice, News, Overindebtedness
Investing is an ageless process that can accompany us throughout our lives. You should know, however, that this is not a game and that every decision we make can have positive or negative implications. Meanwhile, it is important to know that one invests for income...
Aug 18, 2022 | Financial education, Good financial advice, News, Overindebtedness
If you set up your financial plan with the idea that savings should be used only in emergencies, you will certainly avoid finding yourself without a savings fund to draw on. Learn about other financial best practices #25 | Be conscious of what you spend by Daniele...
Aug 11, 2022 | Financial education, Good financial advice, News, Overindebtedness
A good practice is to keep savings aside . This will make it easier to “forget” about that amount of money and avoid spending it on something that may prove futile or useless in the future. To save money quickly, therefore, you need to separate the money...
Jul 18, 2022 | Financial education, Good financial advice, News, Overindebtedness
Savings are part of the monthly budget, so you can easily manage income and expenses and in case choose to change the budget for a month if there are pressing needs to be met. In such cases, here are some practical tips on how to deal with the unexpected. It is good...
Jun 22, 2022 | Financial education, Good financial advice, News, Overindebtedness
If your income increases, because you receive a raise on your salary for example, it is a good habit to increase your savings accordingly. In general, the general advice is to save 20 percent of one’s income each month. Try the 50/30/20 rule devised by Senator...
Jun 16, 2022 | Financial education, Good financial advice, News, Overindebtedness
Try to have clear goals to plan a life and economic path that can lead you to their realization. For example, if you want to buy a house, you need to start by looking at the housing market, find out about mortgages or benefits available to figure out how much money...
Jun 3, 2022 | Financial education, Good financial advice, News, Overindebtedness
The earlier you start your savings plan the better. Saving and creating an emergency fund is imperative to have proper management of personal finances. Here are some simple tips. Some we have already covered in depth in the previous articles . Create a...
May 26, 2022 | Financial education, Good financial advice, News, Overindebtedness
Surely the best way to spend one’s earnings is in experiences. Objects leave time for themselves, while experiences make you happier and allow you to have fewer second thoughts about spending. It is much cheaper to spend our money on something beautiful to...
