Manage monthly financial certainly not easy. Instead of thinking about investing, you just plan it would have been unimaginable. So, how easy to financial planning that does not run out of money wages without a trace, and you can have an investment?
It’s never too late to start saving and managing finances, until at a certain point.
Usually whatever money we make, certainly always had the desire to spend it. Though it’s easy to save money. There are stages.
In other words, does not everyone could manage their finances well. In fact, if planned from now, then you’ll feel is the moment when you are old or on events that are not desirable.
In financial planning, there are two things that should be distinguished, namely saving or saving, and investment.
Save it as savings. In contrast to the savings that have the guarantee of the government for a certain nominal, the investment does not have a guarantee. The numbers can go up or down, even disappear, all depending on the risk of investment.
Investments should not in large numbers. Try starting by setting aside a little money, for example, 200 USD per month, so it can serve as a long-term investment.
In investing the most important thing needed is the calculation time.
Financial planning is important for your retirement years later, so that you keep a decent life without lowering the standard of living. If you’re aged 25-35 years, to be able to retire at the age of 55 years and enjoying retirement for 15-20 years, you need around USD 30-50 billion. That is why, if not prepared properly it could be fatal. The preparation can be done by investing, directly or indirectly, through a financial product or plunge into the world of business.