During your daily life How many times once some form of commercial that motivates you to spend and consume? And how many times an ad out how to get rich, make money or bring your finances? It is essential that gradually seek this formula to help us better manage our money. Here are some tips that can help us increase our knowledge a bit of money.

Do not Flee to The Inevitable

When we are in distress, or when we feel a bit overwhelmed by our finances, we use an internal mechanism of defense that invites us to avoid the conversation. Many of us, sometimes without even thinking, we decided not to touch the issue of bad spending money, our lack of savings or that only increases our debt. To avoid our impulses to make poor financial decisions, we must understand that taking or not in the matter, things will happen. It is better to learn to face our financial challenges and be active participants in decisions.

Educate yourself about personal finance one issue at a time

The process of financial education and economic freedom covers many points. And there’s always a question or concern that you might have. Instead of trying to see personal finance as a lot of things you have to learn at least as long as possible, choose a topic that interests you and devote yourself to look for a few minutes on the subject on the Internet. Chances are that several people have already written about in any medium: paper, blog, radio, conferences, newspaper, magazine, video, webinar, tweet, etc.. Ask your best friend google search on personal finance topics that interest you and allow plenty of time to learn about this subject.

Get support from someone who knows finance

You need a coach to help you meet your goals and push you. All persons in the Olympic games have that in common, what do succeed in these events is not only the skill as an athlete, but also to have someone who can help them follow this path. In personal finance is exactly the same. Chances are that if you wanted to learn personal finance alone / what you can do, but if you can find a person who continue to listen or help you more.

I do not mean you have to pay a professional to help you, there are professionals who help for free, others have radio, television, radio, etc.. which may help to have more knowledge about your finances without even spending money. Just try to hear or read about this in the perspective of people who are a little more advanced knowledge of the subject. Find classes, personal counseling, support groups, gatherings, fairs, conferences, meetings, video chats, forums … anyway there are thousands of ways of how to talk to others who are with you. Understand that you are not alone on this path, and there is a lot of support out there to start your race to financial freedom.

The important thing is to start now!

Start your year with money in the bag it, take advantage of your finances and probably 2011 will be a prosperous year for you, if in addition to budget, save, you have an emergency fund, you prevent an insurance for your home or your car, avoid Ant and’re spending your money grow.

Having a financial education is always good for your economy, so that 12 good purposes to avoid debt in 2011.

1. Know the rules of the game

Before hiring a product or service financial, see how they work, how much they cost and what best suits your needs.

2. Make the most of your money

Watch it at your house resources are not wasted as light, electricity, food, paper and water

3. Organize your finances

Make a budget, reduce or eliminate costs to restore health to your finances.

4. Create a contingency fund

Have a “stash” for emergencies in a checking or savings account, you may not win any performance but have the money available when you need it.

5. Control your debts

If you have trouble paying your credit cards, leave them to use and starts to pay the smallest debt and motivate you to phase out commitments.

6. Hire productive debt

The credit provides businesses and individuals to create an estate: a house, a business.

7. Design a plan of saving and investment

Not only saves, invests. Set goals, write down how much you need to do and how long you want to do. So you know how much you save, how soon and how instruments

8. Sure

An illness or natural disaster can take a blow to your heritage. Out insurance will cover you and your family

9. Address your payments

If you forget to make your payments (credit cards, services) this may represent a significant financial cost. Use direct debit to occur automatically on the date indicated.

10. Use the cards as payment

Spend what you have budgeted, paid for with plastic, but liquidated the debt on or before the cutoff date.

11. Plan your spending strong

Expenditure planning and disciplined saving prevents us from suffering financial crisis.

12. Save for your retirement

Have you thought about how you live when you retire? Savings options for retirement there are many: Afore, equities, insurance, endowment, pension funds, among others.

The first generation: Work hard, save, invest and diversify.

The second generation: usually saw their parents worked, saved, invested and diversified, it also helped their parents to get wealth.

The third generation: was not sacrificed as if they were grandparents and did not see it very closely so that they cause a big impact, and lived in wealth and may not have worked hard in the pursuit of goods and money ( or may not have worked at all) only saw the process of investing and diversifying not to earn money, save it and undertake the projects.

In other words without the wealth of financial education a family can begin to wane or permanently in the third generation.

Now where or how to get a solid financial education? good way of information and general financial education a person can learn the basics:

Commercial and banking law -Notes, checks, drafts, transactions, interests, commercial contracts such as leasing or lease as well as the establishment of partnerships and laws related to them.

Civil law -It is important for the characterization of the contracts and assumptions made in the law to a contract with certain gaps in it (in some countries when you do not specify the date or the duration of a usufruct contract law presumed to have been concluded for a period of 30 years).

Accounting and Administration -For insight into the mathematical implications of any investment or business (often in some people believe that business is making money but to bring good accounts realize they did not take into account taxes, transportation the goods and the rents and deposits it in the end losing out to winning) in fact the administration and accounting is perhaps the most important part of financial education and you can ignore the knowledge of other fields and leave forward but ignore the accounting and administration may lead to failure although dominate other branches of life.

Inheritance Law-At one point in the life of a person or family comes to inheritance laws become relevant.

Insurance and Reinsurance .- It is important to live in safety, income generated by many a person says nothing alive tomorrow What would happen to my family if I die? Or it could be worse What would happen to my family if I crash but I do not die, but ended as a vegetable or I lose my ability to work? It is hard and may not be the best way to express it but in this world because of medical expenses out cheaper than a living dead (in fact for many people including me if a serious accident would rather die than live with disability and constant pain being a burden to the family) is also important insurance against theft if they have valuable possessions or insurance for the car depending on the case.

Labor and Social Security-Everyone works and has rights and social benefits which can be ignored or not recognized by employers.

Tax Law -There are exemptions for some business tax that must be considered for the establishment of a business.

Complementing the concept a little financial intelligence should be considered that intelligence itself is defined as a “set of skills used to solve problems and find distinctions, differences and similarities” to which eventually end up with a more comprehensive concept financial intelligence would be “a set of skills used to solve financial problems and may enter in this capacity to increase income or reduce personal expenditures.

In financial intelligence includes skills such as marketing staff, sales, the power to make friends and influence the strategy although some of these skills can be classified within the “social intelligence” as they become relevant as auxiliary financial intelligence.

In his book Child Rico, Smart Kid, Robert Kiyosaky the author notes that her wealthy father Financial ratio defined as where both your money work for you if your money works hard for you then you have a high financial ratio, if your money is not work hard for you then you have no financial intensive.

Fow quadrant of money shows that money flows where it is most closely the self-employed or business owners and investors.