Caring for Your Money

This topic which is often speak to each moment turns out to be our daily bread, because as one knows, the country's economic situation is not the most relevant at the moment, so it is vital to know and implement some strategies to get our money does not go as they say over there just like salt and water!.

The finances of people every day are more difficult to maintain control, if you add to this by the end of 2008 inflation exceeds 30%, excluding also unattractive as it is in these moments take our money in the bank as the Interest rates are currently the most attractive.

According to recommendations of experts, ideally, we could save a

10% of our income, but it is sometimes difficult but not impossible. You can start making a budget and to reduce those costs that are to be unnecessary. For example we can start with our personal expenses, such as the plans to which we subscribed in cellular phones, see who it is feasible to have it and if we consider a very expensive as the cheapest prepaid, the same can be done with the cable system, which sometimes have the more costly and not fully exploited, and only use a few channels.

Another aspect in which we can save is making a meal out of our house, which may come to represent an excessive expenditure if it is done very often in this situation we can reduce these outlets, only twice month, and try to eat something at home before leaving, as is often the case with the purchase of clothing and accessories, it is easiest to buy clothes of good quality to ensure its durability over time, which would save a significant amount of money.

It is important that if we can acquire immovable property is made, as these are revalued over time and to recover the investment, the same goes for vehicles.

Like any good start is more important to reduce the costs to increase revenue, so once you consciously check that we are spending more start saving various alternatives, such is the case of brokerage firms that have plans savings to fit different budgets.

Most important of all is to try wherever possible to save power as the desired 10% of our monthly income, and possibly debt by not more than our capacity allows us pay, such as make efforts to cancel if our case is the credit card debt, which is known as interest rates fall by 33% at the moment, and this can lead to overspending our income and make our monthly budget is affected


Like any crisis is usually transient, and most important is to create awareness of the importance of savings and control our costs, and learn that every crisis brings changes that we make is that these are positive and which will benefit our .