In difficult moments it is always good to think about our economy and a few tips for others never esan.
* Make a realistic budget and stick to it. That includes a periodic check and adjustment of your numbers and spending habits.
* If you are in financial trouble first cancel your debt to credit cards. It is really important advantage of having no deficit with the cards. This allows us to have personal credit, and if times get worse, not have to see how the annual interest your debt increases rapidly.
* Have an emergency fund. We recommend saving at least equivalent to three months of living expenses in an accessible account. This will serve as a backdrop for difficult times or unexpected events.
* Diversify your income.
* Do not let financial problems in the short term impact on all your long-term plans. Calculate how much to save for retirement, most people should invest at least 5 to 10 percent of their earnings. Not only help you plan a future financial independence, but you can also streamline the administration of your money. * Contract
personal insurance. Many people have no life cover and occupational disability and even lack adequate health insurance. Your individual health and welfare are always uncertain, but building a good safety net to help overcome tough times.
* Avoid people relate to uncertain consumer habits. If you have a debt, you also will be responsible for the failure of others.
* Invest in real estate. Profitability may be low, but the risk of loss is virtually nil. In addition, almost no devalue over time and will always be a backup option for you and for your family.
* Do not buy impulsively. When you see something you have not planned to buy avoids doing so, think twice before making the purchase.
* Avoid large real estate rents and payments. Consider refinancing your house if the payments are difficult to fulfill.
* In difficult periods do not do high risk investments.
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