2009/01/01

Your Financial Plan

You of course know that every human being has needs. The needs of adults will always be in line with time. From the need to marry, buy homes, private vehicles, and raising children have, to enjoy the time with the old day.

However, to be able to meet all the needs, of course, the funds required not less. For example, you may be going if the current price of a house in the outskirts of Jakarta spacious 96 m2, and has reached 200-300 million rupiah. Not yet reflect the cost of school children are increasingly stifling the bag. During this course, the tuition of a private junior high schools have reached tens of millions of rupiah, imagine the money is only for education for three years.

This situation certainly raises questions for you, how can I meet all the needs that? The answer is to do financial planning as early as possible, and have a good time then.

5 Steps To revel Then!

Financial planning is a process to manage with the financial discipline, to achieve the goals that you want. For that, there are 5 steps that you should do:

1. Check the condition of your financial health
Not only the health of your body's important, but your financial health conditions also can not be ignored. Actually, the latter called this should be your first priority before the body to maintain health, because their health body also needs funds.
The first step is quite easy. Note with all your spending in one month. You will wonder when to do this, because you will see exactly where you fly over this.
In addition, count all the wealth and debt-debt that you have. Pay all your debt - if necessary by selling your property - before you plan to have something new. If you do not already have a debt again, the new financial condition could be said you are healthy .
Do not worry if you do not have any savings after you pay all the debt, because even if you do not have savings again, you will do something that is far better for you.

The second step is to plan your needs. This step is done with a dream. Yes, you are not one, dream! Ask in your heart, what you want in this life. Jaguar Cars? Apartments in the area of five stars? Beat the Socialites to have the number of shoes, clothes, handbags and brand? or even a honeymoon to Paris?
Now, if it is, Build your dream from reality to see whether all the dreams you have been in accordance with the conditions of your income and wealth? If not, go back a dream. However, times with a more realistic dream. Do not forget to prioritize where you want to get it first.
One thing to remember, besides the things that was entered in the priority needs of your emergency fund. Emergency funds? Moreover it? Funds of funds are for emergency purposes that do not you think the emergence, such as the cost of in-patient at the hospital. Of course, this is not expected to happen, but you are not vigilant as Prisaa "umbrella ready before the rain."

3. Categorize your financial needs
This step is easy. Self grouped needs based on your terms. Timed own divided 3, namely short-term needs for between 1-3 years, medium-term needs for between 3-5 years, and long-term needs for more than 5 years old.
Here is an example of the needs of you:

4. Identify the types of investments that match your needs
This step is quite difficult to do, because for some of you, this is new. You can learn with the help of your friends or relatives who have been with good financial plan, rent a financial planner, consultant, or you can learn at their own site, the type of investment.
Once you understand the benefits of each type of investment, choose the most appropriate to your financial needs.

5. Discipline is light-hearted!
All the steps that you apply will be useless if you do not have the discipline and commitment level. Second important thing that will make everything run smoothly. You want to honeymooners in Paris and enjoy your bath, is not it? Be patient! The more you discipline and maintain the commitment, then your dream is a reality more quickly.

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