Cars And loans

                One dreams of most people is have a car. Everyone must be have a different desire about their car. Cars can protect you form rain and form the sun. Here I give you some tips to buy a car.

                Before you start car shoping, surely you need a car. Because sometimes people buy a car just to show their style or social status. If your reason to buy a car just that, think again. Next decide money that you spend to buy a car. Surely it not make you distress in your budget.

               

                Next search information about features form some car. Compare the price and features the most suitable with you. You can search the information in internet or you can ask the dealer. Compare the info that you get. Next choose that you will buy a car with credit or cash. If you use credit, surely it not more that 30% form your income.

                Then when you will buy that car choose the dealer that have a good reputation. Read the service contract. And read the buyer guide. Ask the dealer about the care of car. When the car need a service. You can insure your car for the safety. Oke that’s all my tips, hope this useful for you.

                                                                                Credit Card(2)

Hello friend, today I will add some information about the credit card. Before this post I already explain about the credit card, and now I will add more information about credit card. First is APR. what is APR?. The basic definition of an APR: It's an annual percentage rate of interest a credit card holder will be charged on all or a portion of the balance if the full amount isn't paid on or before the due date. So if you pay it late you will pay more than you have to pay.

Next you cant use credit card if your use more than limit of credit card. If your limit is 5 millions each month, so you cant use credit card to buy something if your transaction that use credit card more than 5 milions. You cant use it just in that period. After that period you can use it again based on your credit card limit.

Then don’t think you certainly accept if you want to make credit card. Because you must have a good capital, character and capacity. That factors affects if you want to make credit card. If you not comply that factors, im not sure if you accept to make credit card.

Last  I recommend that your pay for credit card no exceed 20% of your year income. Because it can make you difficult to manage you money. But it just suggestion. That is based on you.

 

Credit Card

A credit card is a payment card issued to users (cardholders) as a method of payment. It allows the cardholder to pay for goods and services based on the holder's promise to pay for them. The issuer of the card (usually a bank) creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance.

The advantage of credit card is you don’t need to have carry cash. If you want to buy something you don’t need cash money. You can use your credit card, and it will be added to your bill. But remember to control your spending. If you to often use the credit card, it will be trouble to you.

Next you can get some features like discount, chances to get gift, special promo, etc. Then easy to pay, because the payment paid in installments every month. But if you use credit card, items purchased will more expensive because the interest. It can be 2% until 3% form the price.

For the use of credit card, you must careful to use it. Make the limit of uses and control your spending. Because it will be problem for you to pay the installments.

So that’s for this post. Hope this useful for you ^_^ .

Hello guys

For this time I want to share about the future bank. Yesterday the bank must have a main building to do their operation. They get customers using a salesman. But for now it will be different. There 3 types of future banks, they are: intelegent multi channel bank, the socially engaging bank and digital eco system bank. I will focus on socially engaging bank. The socially engaging bank use the social media to increase their customers and they use social media to get information about the customers like customers expectation, ideas, needs and preference. The customers can get the information about the bank through the social media. One of bank that success with this system is American Express. The American Express last product is link-like-love. American Express link to the facebook, twitter and foursquare to increase their customers..

Buying a Home

            I think everyone has their own dream house. And it must be different each people. If I buy a home, I want design it by myself. Form exterior facilities, exterior construction, exterior design, interior construction and interior design. And now I will share about my design.

            First form the exterior facilities. I want have a garden. I will plant some fruit tree like a mango tree or anyelse so if that already have a fruit I can eat it hehehe. Next I want to build a waterscapes fountain and waterfalls, it can add coolnes. In the middle of garden I want build a half basketball field, so I can play with my kid. And last I  want build a swimming pool, it will be build in backyard and not to big, just a simple swimingpool.

            Second for the interior construction. I will build 2 bathroom, 2 bedroom, kitchen, dining room, living room. For the bath room I want it simple but has elegant design. For the kitchen I want it comfortable as possible so I can enjoy when I prepare a food. Next dining room it will be design like a classic dining room with a  with medium tone hardwood floors and non matching chairs and the long table runner. Last for living room, it will be design comfortable as possible, so if my family in weekend we can gather in living room and enjoy the moment.

            That is about my dream house design. I will give you some tips to design your home. first determine what you wants and you need make list of it. Next consultation with people who has professional in this work. And last adjust it with your budget.

LIVING BY YOUR OWN

            Hello, today I want to share how I manage my budget for living by my own. I am an accounting graduated. I have two job, my main job is an acounting consultant and my other job photographer. Form acounting caonsultant I get 7 milion ruphias and form photographer I can get 2 milion ruphias. So each mounth my income is 9 milion ruphias.

          

            Because I already work so I decide to live in an apartement. So because it I must pay a rent for apartement each mounth. I pay 3 milion ruphias each mounth for my apartement. Make sure cost for rent not more than 40% form your income. Next is food, I spend 1 milions ruphias each mounth for my food. Make sure you can cook, so you not must by food to eat because it will make your spend more. Next utilities, I pay 800 thousand ruphias for gas, electric, water don’t use them excessive. Then transportation, because I use a car so I’m cull  700 thousand ruphias for gas and oil. For the personal item I spend 400 thousand ruphias. And last for entertainment i cull 1 thousand ruphias. So my expenses each mount is 6,9 milion ruphias.

            

             Because my expenses is 6,9 milion ruphias and my income 9 milion ruphias, I have rest. I use it for my saving. It can be use for unexpected needs or by a home, so I not must pay a rent again hehehe. But it will take a long time to buy a home. Or prepare for married or anything.

          

             After end the mounth see your list of expenses, if that more higher than your income you must decrease your expenses. And if your expenses less then your income use it for saving, don’t use it for the things not important. So that’s all, hope this can help you manage your budget.

The Art Of Budgeting

Budgeting is a process to control your money. Some tips to budget your money.

Goal

Before having a very simple budget think of a financial goal you want to achieve. Are you want to have 100.000 dolar in end of the year?, have a car?, do you want to buy a house?. The reason why make your goal is important because by make your goal it will be your motivation to save  your money to achieve your goal. It is like finding an inspiration among it all. And having one is ideal

Track your money

 list down the things that you bought and the income you received. You can list it in a notebook. Every day for a month (I know this is tiring) see to it you get to track everything you buy from groceries. Keep a copy of your bills and take note of the receipts. Having this will let you identify your spending habit and will also dictate your budget. Then subtract your expenses to your income. Crossing my fingers it is positive. That means your income covers your expenses which is good. If it is negative, then perhaps you might want to go back to your expenses and check which ones do you spend more.

Create your budget

After you make a list of what you buy and where your money go, now time to your budget. Limit your spending for what you don’t need. Make your saving percentages, I highly suggest 20% of your income. But if you could go more much better.

Divide the Percentage

The only items you need to divide would be the 20% savings and the 70% expenses according to the example above. The 20% savings can then be divided to investments, insurance and emergency funds. Your call as to how much. Same goes with your expenses. Identify how much will go to your bills, groceries and more.

Sitck to the budget

 If you think you would get overboard with your budget, remember the first step. Rekindle why you are doing the budgeting again. Even if you miss out on something because you didn't spend, always remember that you would be gaining in the end. Keep yourself inspired by looking back at that tangible goal. Replay it when you are in the verge of spending.

Say yes to reward. 

Now I know we are talking about budgeting and sticking to it however, it is always ideal to also give yourself a little reward every now and then. For instance, if you have saved above 20% for the month, why not manage to get your favorite latte. Do not go overboard however with the rewards or you might be exhausting your expenses percentage. Keep it at a minimum.

So that some tips to budget your money, hope this useful for you.