Now is a great time to make it a habit to manage your
resources instead of your resources managing you. What is
meant by that when we are stating that "Your money manages
you"? Here is a well known example:
"There is more month than there is money so that new
purchase, trip, or splurging will need to wait a month or
two and maybe never. You've opted to instead delay and pay
later making the problem much worst and your perceived lack
of resources in control." Here are some proven techniques to
making financial gains an achievable goal by repositioning
and changing spending habits while gaining more control of
your situation so that there are available resources and
time to spend with friends, family or loved ones.
One of the most overstated, undervalued and available
resource accessible to anyone is time. Effective time
management when applied consistently is a key element toward
making financial progress. Even spare time moments
resourcefully used contribute toward steady progress when
used in combination with any of the following:
1. Establish investments. Based on your risk assessment it
is determined the best type of investment program suitable
for your personality type and financial situation by either
doing the research for yourself, by attending that
appointment with a financial planner or by inquiring through
a brokerage. Purchase examples, of course, are stocks,
mutual funds, bonds, money market funds, annuities, etc.
Because these figures will fluctuate, fit into your schedule
a time to assess your portfolio periodically to check your
progress. Your return on your investment can be substantial
or relatively consistent with proper selection and
combinations.
2. Purchase real estate. Buying property is another way to
invest to create financial gain; and making improvements
after the purchase increases the value of the property. Not
only are you saving money by placing regular payments into
your real estate; but if strategically paid ownership
accumulation can happen at a faster rate and with very
minimal increase to your payment. One such company offering
this type of arrangement with no processing cost added is at
http://www.eMortgageManager.net. With this service the
mortgage payment is split into two parts. Each half is paid
automatically every two weeks. It's very effective and easy
to set up. This is a triple win for those who use this
strategy with a single purchase.
3. Take classes, take up a hobby or acquire a skill. How do
you spend most of your time? Do you waste valuable hours
lamenting in self-pity, bad luck or a disadvantaged set of
circumstances? Or will you take active control to resolve
the situation?
If there is an interest there is a class for it. And now
that there's the internet taking a class is just as easy as
leisurely clicking a link. There are many available classes
that are free, or via email and some that may cost a bill or
two to enter a site. Or if you'd prefer, take a class at
local colleges or universities which offer that immediate
one on one support available through that type of
arrangement. Your local library or museum may schedule
classes or speakers covering a variety of subjects, too.
Some locations even award certificates after completion if
that is your requirement.
Increasing your knowledge or skills over the long term
not only provides confidence and mastery of skills developed
by use of what is called putting in your "sweat equity" by
taking the necessary courses and steps, but it will also
provide flexibility by creating for you a new source of
income using your newly developed talent(s) or expertise.
You may offer for a fee a service, provide a product (or
product line), to sell your knowledge or in any of the
combinations listed through your choice of method at a
profit giving you unlimited possibilities. When used
separately or together the above suggestions work
effectively over time giving to you the increase that you've
longed desired. Use your spare time moments to work for you
effortlessly and automatically...even with family, friends
or loved ones.
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B. Fredia Boggan is a distributor of the on-line resource
The Mortgage Manager Hi-Tech Mortgage Payment Service. USA
Homeowners! Save thousands of dollars without refinancing or
changes to your current mortgage using biweekly mortgage
payments, free!