Simply Junior

This trick is not really anything special. I actually made it up one day when I was fed up with my daughter just blowing all of her money on junk.

I had to give her fifty dollars as a reward for getting an almost perfect school report, however I held it off as long as I possibly could. So when she asked for the reward I had promised I started to think how I could slow down the disappearance of the $50 note I was about to give her.

Money delayed is money saved?

I had already stalled her for a few weeks, saying I didn’t have the money, or that I had to get it out of the bank. I know this sounds like a scam on my part, but if only you knew what money this teenager wastes. Anyway I thought for a while and came up with no more delay tactics until I went to my purse and pulled out the $50 note. When removing the note from the purse it tore in half. For a moment I thought to myself, “oh no, I can’t give her that”, and then it hit me.

Being sneaky to save money?

I quickly went around the house searching for a roll of sticky tape, which any normal person would use to fix the broken note. Not me though. I grabbed any sticky tape I could find and hid it all where my daughter would not find it. Then I went to her and gave her the broken $50 note, explaining how it had torn, but would be alright to use once stuck back together. Of course she did not mind because she knew it would be easy to fix.

My brilliant plan worked for a few days as she could not find the sticky tape, and being a teenager, was too lazy to do anything about it. My $50 survived 100% longer and I was happy. This would delay my daughter from asking me for money for a few more days as I would just say “but you have $50, you do not need my money”.

After I had played this little money saving trick, I started to think of more ways to do a similar thing:

1. Glue some money together (coins) with water based PVA glue so it can be dissolved later to use the money.

2. Freeze the money in a block of ice like the people freeze their credit cards.

3. Transfer the money through internet banking so there is no cash laying around. A bank that does not have an ATM card attached.

4. Put it in a moneybox that they would have to smash to get the money out of.

5. Hide the money in the house and let them search for it for hours.

Please note that ii is illegal to intentionally damage or rip money in some countries. But if you do come across a ripped note, be sure to keep it to give to your children.

Recently my niece’s 21 year old friend died in a car accident and my niece mentioned that he had already lived life to the fullest. He had inherited $120,000.00 and immediately started living like a king. He had no regrets, and as fate had it, he got to enjoy his inheritance just in time. People remember what he did with his money and now smile. He enjoyed himself.

Now I am thinking, what if I died tomorrow? Would I have any regrets about being strict with my money and not living the full life I could. Of course it’s not that serious but I cannot help but ask the question. Am I living life to the fullest or I am caught up in the day to day need for money? Should I be spending my hard earned bucks more freely if I need to, or should I still save it for a rainy day.

Why should you save your cash?

Save for the “just in case” as the economy is unstable. We should hold onto our earnings because it is hard to get in the first place. We should build our savings because the more you have the more you get.

Why should you spend money?

You might die tomorrow and you cannot take it with you. You might miss out on some great experiences. Money is not the be all and end all of life.

Will spending or saving your hard earned cash make you happy?

This is a questions I often ask myself. Should we be spending what we earn and having a bit of fun, as we work hard for it, or should we be saving it? Everything costs so much money now days. Even to give your family a simple camping holiday is not cheap any more. Really what can you do? Just simple living costs probably take all of your spare cash anyway. Are we in a catch 22?

People living today are like living and working to pay the bills. They work hard to pay all of the bills that have been made also by them. The money that they save in money also use for pay their bill, so where’s the money for accident time? Are you always having financial problem in getting the cash money in quick?
Meet the payday loan, your solutions to get the money in quick. Usually the maximum day you can use to loan in payday loan company is about a month and how big you can loan from the company depends on your income. Usually for promotion, the company will give you free of financing fee in the first month of your loan, but after that you have to pay the financing fee every time you want to request the loan.
Are you afraid using this payday loan out of control?
Well you don’t have to be afraid because as long as you still have your saving in bank account you don’t need to worry. But please don’t count on your payday loan to buy something useless like shopping or buy your private stuff or hobby. Use this payday loan for accidental accident, for example your car crash down and you have to pay large amount of money, you can use this payday loan to cover it.
After say about your identification you can start loan in the company and don’t forget to payback it just in time otherwise you will get the punishment fee. If you still confuse about learning to loan in payday loan you can search in the internet or asking to the some forum. Asking for friends experience about this payday loan also will help you to prepare what you need to loan money in this payday loan company.

Financial planning is about the thinking and the planning of what you want to do in your life, such as buying a house or a car, getting married, planning your children education. It also determines your financial capability to face any unforeseen circumstances in the future. It is an important process for people who want to have healthy financial life. Unfortunately, many people, especially those in young age don’t realize the important of financial planning. It never too late to start the planning, but you should start it as early as possible so that you have sufficient times to plan and to shape your financial future that in-line with your financial goals.

Don’t think that financial planning is a hassle process. Instead, think it as a need for our living process. If you have a good personal plan, you will be more prepared and informed about your future needs. With a proper planning process, you know the resources you currently have and what resources you should have in the future in order to achieve the goals you set in your plan. Regardless of many advantages in having financial planning, you will benefit from at least 4 benefits of them:

Benefit #1: Control of Your Financial Affairs

In financial planning, you will look at how you will be budgeting and spending your money over time, saving and investing to achieve your financial goals. Therefore, by knowing how and where your money goes, you will have a better control on your financial affairs and be able to avoid excessive spending that can lead unmanageable debt problem.

Benefit #2: Better personal relationships

Most often, debt problem causes relationship tension between you and people you know because they may get away from you as they afraid you will be borrowing money from them. If you have a good financial plan that makes you live happily without the need of borrowing money to make ends meet or expecting handouts from others. Indirectly, you with have better personal relationships with people around you, such as your family, colleagues and friends.

Benefit #3: Protecting your financial resources

By planning your financial effectively and control how your money goes with a good budget plan, you will have a sense of freedom from financial worries because you have planned for the future and be more prepared to face any unforeseen incident that may happen throughout your lifetime. Therefore, you will be more effective in obtaining, using and protecting your financial resources to ensure a healthy lifestyle through your entire lifetime.

Benefit #4: Plan for your retirement on time

How much money do you need to save for your retirement? Without the financial planning, you will never be able to get the figure. Nowadays, many people need to continue working to earn their living, just because they don’t have a financial plan that enables them to retire when they reach their retirement age. If you plan to retire on time and financially healthy at the time of retirement, then you should start it as earlier as possible. In fact, financially healthy life is all about starting on time. The sooner you set it up and start saving for your retirement, the better off you will be in term of the sum of money invested.

Summary

Financial planning is not just a need, but a must-to-have for people who hope for financially healthy lifestyle throughout their lifetime. You need financial planning and it must be started as soon as possible to ensure you have sufficient times and the sum of money invested to achieve financial independent over time.

Let us begin by asking you a question: Are you in debt? When you are in debt, you may be pointing fingers at everyone else, but there is something that you do not know. You may have a problem and you do not even realize it yet. If your check book has been coming up short each month and you are running out of money, then you may have a spending problem. Despite what you may believe, that spending problem you have is very problematic. You think we are lying, don’t you? Well, let us point out some important factors. You are only seconds away from learning how to stop impulse spending.

You have a spending problem and that is only the beginning. Even though it is the beginning, it is the beginning of something that needs to end. What you need to do firstly is control yourself. We know you may find it hard to control yourself, but you are a human and one thing humans were born with is self-control. You may not believe it right now, but you have the control to stop spending money on stuff you do not need.

Before you go to the store, you should make a list and stick with that list. Put the “need” before the “want.” Does this make any sense? What this means is you need to get what you need first. Yes, this involves paying all of those bills beforehand. Make a list of the things you want, it is fine to keep this list and add to it. Each month, purchase one thing off of that list and mark it off. If that one thing is real cheap, then allow yourself to get two things.

Would you like a better solution? Have a budget in your mind, for instance, say you make $2500.00 each month, your house bill is $800.00, electricity is $250.00, car and insurance together is $450.00 and your phone bill (with Internet) is $120.00. This is a combination of $1620.00 in bills with $820.00 left over. Just because you have money left over, it does not mean you have to spend it. You have to eat, don’t you? You still need to set money to the side for food. When all else fails, only purchase the things you want when they are on sale and watch for that sale. Now that you know how to stop spending impulse, it is time to put those tips in action.