Thursday, October 12, 2017

Making A Friend Of Your Finances

WIth all the finance guides on the internet, it’s not hard to feel as though keeping a solid financial plan is one of the most taxing things you can do. Sure, worrying about finances is something even the richest people do in their lifetime, as losing money without good reason is frustrating and is an objective statement that you need to switch up your fiscal strategy. However, while money might be considered the root of all evil, looking at it with hostility could be detrimental to the wise financial planning you imbue your life with.

We’d argue that for the person of any age, seeing money as a friend rather than a foe can help you treat it correctly, and by extension yourself. In this article we’d like to further explore what we mean by this, and give you some useful tips to feeling the same way:

Credit Cards

While financial deadlines can often make us worried, such as bills, rent and social costs, that doesn’t mean we need to live in a perpetual state of fear. Even the most frugal of us can find use in credit cards, which allow us to make purchases in the short term as long as we repay the terms of loan at a later date. Finding the best credit terms through can help point you in the right direction. Not only does this help us through the most cash-strapped of circumstances, but when we are paid our monthly income, and we are able to chip away at the card, we will find that paying our credit off well will raise our credit score, and give us further financial utility when securing loans. 

Being responsible with your money earns you the reputation of being so, and that can be a wonderful thing when you’ve become eligible for a home mortgage by simply paying off your weekly expenses on time with your credit card. As long as you’re wise about acquiring one of these, and you read the terms of your arrangement to the absolute letter, you can be sure that the benefits of the modern credit economy will land right on your doorstep.


Investments are a sticky subject for some people. While they often offer a cash incentive in the form of a promised big payout, they don’t always come to fruition and can leave us financially burned. For this reason, many people are hesitant to even progress in the direction of an investment, especially when the terms of return aren’t secure. However, that doesn’t mean there aren’t schemes out there worthy of investment. 

For example, rent to buy schemes can help get you in the house you will come to settle in, and offer you favorable terms in this chaotic property climate. Not only this, but for people who are truly fans of innovative products and services, crowdfunds now exist to not only help you support to product but to help you gauge the popularity and likelihood of success for the firms involved. For this reason, there has never been a clearer time to invest your finances, and become more integrated into the business world with low-risk returns.

Treating your money right does mean saving, but it also means allowing it to work in ways that benefit you. Remember, money is never static, it is dynamic, almost a form of energy. With this attitude at your disposal, you are much more likely to make shrewd financial decisions.


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