I have just gotten this book written by Jonathan D. Pond and have benefited much from the 101 Personal Finance Tips shared within. Benefited so… Read More »(Read) Grow Your Money – 101 Easy Tips To Plan, Save and Invest
2010 is coming to an end soon and we will be welcoming 2011 in around 11 days time! And before the year ends, this is a good time for you and I to look into our Financial Planning.
What Are The Areas That We Can Look Into?
In simple terms with regards to Financial Planning, as long as it involve some form of monetary sense, it’s always good to look into. And if you like to know something concrete, here’s a list of what you can start looking into:
>> Your Financial Investments
Financial Investments would include your Investment-Linked Plans, Stocks, Shares, Unit Trusts. This can also include your investment properties (though not much changes can be done in the physical area). And basically, you will need to know with the past and present economical changes, how has it impacted your investment portfolio?
You may ask yourself these questions:
– What Am I Doing These Investments For? Retirement? Mid-Term Wealth Accumulation? On Impulse? Answers to these will help you to keep track of your final objectives.
– How Are My Funds Performing? As compared to end 2009 and now end 2010, how’s the performance been? Any changes needed to make sure that I am on track to my objectives?
– Do I Need To Pay Particular Attention To Any Investments? This will better prepare yourself for 2011, keeping track of funds that need your most attention will make sure you will not face any last minute economical shock.
>> Review Insurance Portfolio
Have you started to use discounts and coupons sites like Savings.com and GreatDeals.sg to help you in saving more money in your shopping? If not, read on to see why you would need such sites especially if you do online shopping.
Creating More Budget For Your Financial Planning
If you are serious about your Financial Planning, you would know an important factor in doing well, is to have enough Budget.
And to have more Budget than before, a common area is to look into your daily expenses and seeing how to reduce them in a sensible manner, without affecting your inner feelings (the urge to ask yourself if it’s worth doing all this).
For most people’s daily expenses would definitely include some form of shopping – either going online or to the shopping mall. And to enjoy the moments of shopping and yet not hurting your pockets, would be to do it at times when there’s discounts!
So what happen when there’s no discount but you have the urge to do some shopping to enjoy some ‘therapy’?
Though you can’t demand shopping malls to have discounts for you, there’s always the online shopping malls that you can turn to and the Coupons and Discounts Site like, e.g. Savings.com
If you have been doing a lot of online shopping but not been using sites like Savings.com to give you more discounts, it’s never too late to explore such avenue.
So How Do Sites Like Savings.com Work?
In simple terms, Savings.com displays the best deals you can find on those online shopping sites without you going to each of these sites on its own.
For example, if you head over to Savings.com, you will be able to see discounts and coupons like: