Archive for the ‘Personal Finance’ Category
The phishing is one of the most common computer crime today, in which, through social engineering, criminals try to acquire your sensitive information fraudulently. Take care of your financial information!
• Never click on links received in unsolicited emails.
• Never open unsolicited emails, delete them.
• Never provide personal information, the card number and / or financial information on transactions that you did not initiate.
• Protect your passwords. Never write them down or the disclosure, unless you initiated the transaction.
• At home, use the Internet protection software like anti-spam, firewall and anti virus software.
• Do not give your password via email.
• Visa never send emails requesting your credit card number or password.
• When you open an email from your bank, make sure you request this disclosure. Otherwise, contact your bank and ask about the origin of the email.
What con artists look for?
• Personal data: names, addresses, phone numbers, etc.
Unconsciously we all know the secrets of having a prosperous financial life: spend less than you earn, save for the future, have no debts, but sometimes these things are easier to say them to them. Although we can not predict our financial future, there are things that could be telling the chronicle of a death foretold.
1. Sporadic little savings or savings.
The rule is to have at least 3 months of your expenses necessary in an emergency fund, as well as for retirement and so on. But this is only a symptom, the problem is if you do not save consistently. No matter what the amount, you should save a percentage of your income religiously.
2. Not having a personal budget.
If you do not know what you spend and spend as you may be spending more than they should or have a notional idea of the reality of your finances. Imagine a pilot in an airplane without a compass, radar or map, you’d be flying, but without any direction. Can you reach your destination by luck, but if you use this tool, the target will be closer.
3. Lack of a plan to achieve your financial goals.
We all have aspirations and dreams, we all have financial goals to meet, but the key is to have a specific definition and plan to continue to perform. If not, this was like throwing darts blindfolded. To achieve your goals, you could use the method idearlas SMART: Specific, Measurable, Achievable, Results visible Trackable.
The housing department to the City of Stockton, CA has this very interesting article on how to manage their personal finances. This article reflects a lot about the importance of maintaining a budget, an amount spent for certain categories, pay needs first, and change the budget as needed:
Step 1: Get organized!
The first step in building a personal budget is knowing what you are spending your money. To do this, you have to keep track of all expenses which for at least a month. That will help examine how it spends its money and how you can change your habits. Use a small notebook to keep track of everything you buy.
Step 2: What to buy?
Now that is keeping track of everything you buy, divide your spending into different categories, eg ‘milk, bread, meat’ go under ‘Eating’ and things like ‘gasoline, brakes, and tires’ will go under’ Carro’-Use the chart located at the back of this page to organize all your expenses.
Step 3: What Pay First?
It is very important to know what you need to pay costs and expenses which are flexible. NEED TO PAY Expenses are things like paying your home (mortgage) or rent. Expenses that can be flexible are things that you have the power to change how, food, utilities (electricity and water), and clothing. Remember that certain payments were needed to pay before any other expenses. Pay your credit cards before paying for your home or your income is a bad idea!