Should You Save or Pay Off Your Debts? Here are some pointers for your considerations.
Just came across this resource site – CashMoneyLife.com and if you are looking for some information on the best balance transfer credit cards, you may wish to check out this article to explore further.
What Happened When You Have A Balance On Your Credit Card
Having a Credit Card can be a good and a bad Financial Instrument Tool. Those who have it can make good use of it to enjoy discounts on certain purchases or other shopping benefits that you may not be able to enjoy when you make purchases with cash. But those who have it but do not know how to control their spending may end up having a balance coupled with high interest rate that will affect their finances and even their future lifestyles and families…
And if you are having such issues with clearing these balances… it’s good to have some alternatives like what I have just checked out – balance transfer credit cards. And if you like to know how this works you can click on the link above to understand better.
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 asked yourself this question before – Are people around you living longer or shorter?
If you do not have an answer or do not wish to answer this, my suggestion is that you flip through the Straits Time and just have a glimpse at the Obituary Page. You do not have to understand in details but just have a rough feel at the age of people passing on…
My personal opinion is that the answers to the above are both a yes! And the point that I want to bring across is – Have You Planned for both situations?