Personal Finance
Personal finance is the way a person relates to their environment through the use of their money, everyone directly or indirectly manages money so everyone has a financial life that can take a balanced or unbalanced.
Usually a few people have a good handle on personal finances, some are living in debt or debt from financial hardship on a regular basis, some of the typical mistakes we make are:
* Misuse of credit cards. -One can benefit from the credit card by exploiting various discounts and promotions, but usually people go into consumerism and end up paying large sums of money due interest or fees to withdraw money the cashier.
* Do not save .- The savings are the basis of wealth, however, in Spain there are many people who have no more than a dollar saved and instead have to settle debts.
* Do not have a budget and business. -The companies always have a budget and keep a clear audit trail of receipts and payments, the opposite can easily go to ruin, just as happens in the family budget lets you know where he gone their money or decide where to go (many counselors and personal finance experts say they do not have a budget is the main financial mistake of people and produce it is one of the first steps to control your personal finances.)
* Borrowing by pleasures or amenities .- Many people only get credit to buy furniture, appliances, when the ideal is to obtain a loan for a project that we generate more money than we will invest or at least for the purchase of a home; others acquire credit card debt then strung them for a long time.
* Running a living making minimum payments .- When you make minimum payments credit card what you are doing is prolonging the debt and get charged more interest on it, there is a saying that says: “Minimum payments, debts eternal .