7 Dec, 2007
The most important key to the effective management of money involves time. The more time that you are capable of investing in the management of your affairs, the greater the return will be as a result of your investment. The earlier that you begin to manage your money, the more effective you will be when it comes to accomplishing your goals. There are too many people who try to go about managing money when it is too late in their life, and managing the money you have left is not as effective as managing your money as it comes in. In essence, there are four different questions that need to be answered by any money management programme that you participate in.
- What financial goals do you have?
- How soon do you want to achieve your financial goals?
- What funds do you already have available?
- What risks are you willing to make in order to reach these targets?
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24 Jul, 2007
Despite a number of government initiatives to encourage the public to use public transport, there are still massive numbers of cars on the UK roads. As road taxes continue to rise, and petrol prices continue to fluctuate wildly, it is essential that you cut your running and maintenance costs to the bone. But how can you reduce your costs?
There are a number of ways to reduce your running expenses, which include :-
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23 Jul, 2007
Many times over the last few years we have seen calls for our schools to teach “real†finance to children before they leave school, for the big wide world. While we seem obsessed with teaching the likes of maths, English and business studies, many children leave school not knowing how to produce a simple home budget, or the price of a pint of milk.
Do we need to reconsider what we are teaching them at school?
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