Family Financial Planning - Financial Planning For Families

Too many families are one of the most contentious issues of financial planning, because it seems that the money from equality is not really out of money. It seems that much more money will be spent over what is earned by families. Each family should assume responsibility for finance with effective planning while eliminating the bad technical expenses. One way to increase the affordability of your family is preparing a strategic plan to reduce debt exposure, while strengthening family loans into one loan with lower interest rates. For example, with increasing problems with credit cards is recommended to destroy all your credit cards and keep only one to stay out of debt.

For planning and maintenance of sound finances, a family needs to carry out plans for the money from other savings and reduce the time expenditure. How is your family involved in a viable long-term financial is a great idea. Involve your family in the business of cost control for the better future of money. Try to save electricity, the distinction between needs and wants at the time of purchase, purchase services optimally and other items in bulk to save money. Gain technical costs ensures that your money is not wasted.

Another technique can be used as financial adviser to help with the objectives of the family finances. You do not have to worry about your finances getting out of hand. Financial Advisor responsible for financing the budget to eliminate wasteful spending, reduce high interest payments, and transfer of all liabilities of wealth. But at the same time to participate in professional financial planning advice, you should keep in mind few things.

Gather information about the process begins with monetary financial information of the family. Although the appointment of a financial adviser aware of their own assets, liabilities, obligations and liabilities should be collected. It has more stock of financial guarantees. The next step is to identify targets in the short and long term economic family. It may include the level of funds and the income of the family want to achieve different patterns, income security, training, pay, retirement planning and design and other unforeseen events.

Identification of financial problems are an important part of financial advice. Financial adviser gives a helping hand here by comparing the real economic situation allowed monetary goals to develop the best strategies for achieving the objectives. It will take the strengths of the family money and weaknesses, while preparing the financial plan. Adapted plan based on financial needs of the family is designed to achieve all desired goals.

After all the recommendations in the financial plans are agreed, must be applied. All necessary documents are prepared and signed by the client and financial advisor. As the financial plan should be reviewed periodically for updation. In the course of interaction between you and your planner can help monitor progress and achievement of financial plans as they continue their existing investments. Managing your family finances will not be a difficult task with the tips mentioned above.

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How Important Tips For Family Financial Planning

Therefore, your insurance is due, your children will ask about the summer camp, and the dryer went on the Fritz. Why is it always seems that the only thing in your life good? Maybe its time to bring children into the finances of his family. Although it may be annoying to have to admit their children, the people who matter and that you admire that things are a little tight right now, do not overlook the possibility that this recognition can bring their children on board to help save and bring everyone together as a family working on a possible solution.

Not all children can handle financial affairs, and yet can also be difficult to know exactly when they are ready to learn things money. very young children have the concept money. I just know that it costs money to buy stuff, but how much is, or WHERE the money is, many times is incomprehensible and a child under eight years. The elderly and young children are surprisingly quite different. They can often tell when youre not telling the truth. They are also almost certainly already aware of the emotion of the internal affairs of the financial sector. Leaving the family finances shall not trust their ability to think and talk about what is happening.

If you allow your children to participate in planning the family budget, can come with many ideas of their own that will surprise you. His openness and a vivid imagination and energy can be the perfect combination to help move things in the right direction. For example, you can compare prices when they buy like crazy, sniffing out the best deals on groceries. Young children can make a game of clipping and saving coupons every week. Older teens may be inclined to accept a part-time work, and make your own money.

The most important thing is to get your child is planning the budget, when they are ready. Also, make sure that the use of all financial affairs in order to understand the financial issues. Yield can really surprise that I recently found a site that offers $ 250 Free Kroger Coupons. I suggest taking a look and then start making a fun coupon hunting family. Perhaps the prize of a family member, who saves the family more.

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Finance Tips How to Manage a true family

Money is often the cause of the divorce. Disputes about financial can happen when money abundance or when lack of money. Indonesian people feel uncomfortable having to discuss financial problems within the family. Therefore, we feel the need to continue to appeal to all circles of society, especially married couples to learn each other openly about their own finances. We strongly believe that everyone has different views on different currencies because the husband or wife was raised in different environments. Failures in talking about money in the family potentially cause problems.

Many people feel that talking about finance in the family is taboo. However, in our opinion, this fact should be discussed. These circles ever think, Is to let the financial issues in family-soluble belarut will solve everything? Or it could be a growing snowball? Small problems can become big if not addressed and resolved wisely. Therefore, in case the family desperately needed a financial management scheme where each individual in the family (husband and wife) have rights and obligations of each. With the division of responsibilities and in-depth discussion can alleviate problems that may arise in the future.

Here are three types of management where you can choose according to your wishes with your partner. Obviously there are many more existing management patterns. The most important thing here is the openness with each other and live the life of a family with a shared responsibility.

1. Money together and Envelope System

Directly combined income of husband and wife together. After that, a combination of both direct revenue is allocated to routine expenditure items which have been calculated first. Typically, each heading is represented by a single envelope. Expenditure items that, in some families, not just eat and drink, household goods, and electricity, but also includes paying the mortgage, car payments, electricity, telephone, child's school fees, insurance and need a car (petrol, regular service, damage, etc.). Even savings, personal expenses and vacation mother and father became a separate envelope. If there is remaining, put into savings husband or wife, or more specifically to open an account with the bank for € ~ â € ™ menampungâ remaining envelope every month.

2. By dividing the percentage

This form of management is to divide the responsibility in the form of numbers or percentages whole family needs each month shall include the postal savings and postal emergency. Each agreed to contribute a certain amount to cover those needs. The remainder is used as a personal savings to personal needs. For example, my wife bought perfume, lipstick, or dress. Could also not counting the family's needs first, a husband and wife contribute the same based on percentages. For example 80:20. That is, each "deposit" 80 percent of his salary. The remaining 20 percent is saved for yourself. If you can save money, the money with a 80 percent savings can be left to families, as well as husband and wife also each have our own personal savings.

3. Dividing Responsibilities

For example, a husband to pay for affairs of "heavy", like paying the mortgage, car payments, electricity, telephone, school fees of children, needs a car, and insurance. While the wife is spending a monthly logistics, home knick-knacks, snacks, and holiday weekends and postal savings. Judging from the amount, the husband bears more funds. But she also had a role in the contribution of household funds. If it turns out that the wife has a larger income, of course this can also be done otherwise.

Which is best? It is strongly influenced by the habits and of course an agreement between husband and wife. Discuss this with each pair, so that the financial problems the family is no longer a problem in the family.

If the wife does not work? How?

The third example above is the pattern of allocation of income of husband and wife. Where husband and wife work and generate regular income each month. How well when only the husband or wife who works? While other couples staying at home?

If this is the financial patterns in your family must be very good if you and your spouse discuss the duties and responsibilities of each. Maybe you as a husband because of work that tries to fulfill all the needs of families. While the wives who stay home are responsible in the household, ranging from the problems of regular monthly purchases up to the allocation of savings (from the husband's income) for a variety of family owned financial goals. In this case the wife should be like manejer in a company.

By dividing a shared responsibility, the husband no longer feels more than a wife. Because the two individuals in these families have their respective responsibilities. For that openness and discussion regarding a much-needed finance.

Three important things in managing finances together

First, the division of labor is needed in terms of finances. Examples in short, anyone who pays all the daily needs of the household. Suppose that you as a wife should pay the husband in this case need to transfer sufficient funds each month to meet all financial needs of families.

If you decide to delegate one person to pay all monthly bills then the family the important thing to note is honesty. Where you both must be open with each other regarding the issue of money. Do not get when you use the joint account and one of you take the funds in large quantities and does not tell you pasagan. Once your partner need for a very important thing and that is apparently not sufficient.

Second, an agreed expenditure becomes very vital. You both need to agree a spending plan. This is related to the expenditures that are not fixed, suppose the decision to replace it with a new car after a few years? Or what you both think about the holidays? In conclusion, you should discuss and agree on the need to be fulfilled, what is the common desire and what you can deliver.

The last thing that becomes very important is saving money. In this vision of the future becomes very important. Where the purpose that you and your partner will provide motivation and specify selection strategies that can help you achieve your future goals owned. That way you will also see the importance of allocating funds currently and starting right now.

Thus a brief review about money in connection with the relationship of husband and wife in the family. May provide input and additional knowledge for you.

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Manage the financial and shopping tips family

To manage the family finances and spending, the wife often was asked to perform that task. Although not an easy task, you do not need to have experience as an accountant or financial manager to do so.

Actually there are some practical ways you can do as a family financial manager that you do not "keteteran" and complained out of money in the middle of the month.

Remember, money is the common interest. Know with certainty the amount of income, savings, current monthly expenses are also family. Spend about 15 minutes to sit down with her husband and create a budget and evaluate your spending a month alone in this.

"Even if you do not have experience in managing finance, but two heads are always better in terms of money management," says Janet Bodnar, author of Money Smart Women.

For those of you who have the income of working women, it must be clever-clever sort out the obligations which must be borne by her husband and paid by you. Divide equally, or depending on the agreement you and your husband. For example, the husband is obliged to pay monthly bills and daily shopping. Meanwhile, the wife to pay health insurance, education and emergency fund savings.

Then, for the wife who rely on their husbands as the sole family income, the possibility should be more careful in spending plans. For example, buy the necessary goods only, saving expenses for treatment to a salon just three months.

Joint accounts is the most easy and effective way to pay family expenses, such as mortgages, pay the electric bill, or the cost of child buy milk. If approved, you and your husband can have a separate account for purposes of personal nature, such as the salon, social gathering, or lunch with friends.

Debt included in one of the serious financial problems if not addressed immediately. Enter it in the budget expense items routine expenditures, such as a credit card bill payments. The total amount should not exceed 30% of the money went. If total debt is too large, stop other expenses that are not important and self control not to buy goods on credit.

As the family financial manager, you also need to make the steps to set up an emergency fund, health or education fund budget.

Spend your money every month to the postal savings, health insurance, too little education funding. Calculate the total savings and insurance each month maximum 20%. If your child has not yet entered school age, prepare to have savings, insurance, education, or choose a long-term investment.

Now the family finances so much easier, right?

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The doctor said six groups - continue to months at a salary cut is not good enough

Congress on Thursday delayed a 21 percent Medicare doctor payment cut that was scheduled to take place this month.

According to Cecil B. Wilson, MD, forerunner of the American Medical Association, the six - month delay is peerless " a mere provisional reprieve. "

" Delaying the hot water is not a solution, " he uttered. " Indubitable doesn ' t solve the Medicare mess Congress has created blot out a far-off series of short - title Medicare patches over the last decade – including four to avert the 2010 cut alone. "

According to Wilson, seniors are in duration experiencing access problems for a upshot of " the complete Congressional mismanagement of Medicare over the second childhood. "

" Congress is playing a critical merriment of Russian roulette dissemble seniors ' healthcare, " he uttered.

About one sway four Medicare patients looking for a modern primary load physician are having strain opinion one, Wilson spoken. One moment five physicians are present-day limiting the number of Medicare patients they treat due to of the instability and uncertainty of Medicare payment.

William F. Jessee, MD, kingpin and CEO of the Medical Pack Management Association, uttered Congress continues to act " irresponsibly " repercussion addressing the flawed sustainable heightening rate ( SGR ) Medicare physician payment tack.

" This inexperienced patch expires leadership November, decent solo month before the start off of the meeting capital shift since famously medical groups. Right throws devolving on occupation composition for 2011 into faultless heap and occurs indubitably when physicians will knock off the onerous outcome to participate network Medicare for the coming life, " Jessee uttered.

Jessee vocal the MGMA will research the consequences of the Medicare reimbursement uncertainties physicians frontage.

" Lawmakers committal distinguish the import of passing lasting SGR repeal before the top of 2010, " he spoken.

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Perception of Family Finance: Money I, you, or Money We?

Marriage is a beginning of a long journey of family life. During the adult years before entering the marriage mahligai, you manage and budget money generated each month with your way. Entering the stage of marriage, all must change where you have to share everything with your partner.
Sharing in a marriage is a lot of ideas that we hear. From the need to play golf until body treatments, all the necessary requirements you both must be met from a fund that suddenly appeared and called "money together."
Combining the two financial means compromise. The point is to promote the wishes and needs of others than with their own desires. This requires negotiation and is very mature thinking. There will never be individuals who resemble one another in their view and look at the financial problems.
Every individual has a background and perspective about money berbeda.mencoba to understand each other and fill in family life will help you a lot financially. Polar people first and money.

Illustration Issues
We had been married less than five years ago and in my opinion, we never talk or dialogue directly about money. Initially all matters relating to finance is very easy. Each work and to meet the everyday needs vary. Let's say, from my income every month, I have to budget for daily necessities of food, tel., Dry cleaned and others. Meanwhile, Andi, my husband in this case to pay our mortgage every month, insurance and some other things.
At the beginning of this journey of family life, I feel that there never was any problems or difficulties with respect to finance. At that time, Andi, my husband, paid more than me.
But over time, expenditure of daily meals to take care of the house is always growing. The more days the prices of basic commodities more expensive. The longer the need to care for the house became very large. Therefore I hope that Andi income to allocate a portion of this expenditure.
Each of us have different savings. And we do not have a joint savings. Some time ago, arises with our financial problems.
The first problem is with the investment that we made together (Mutual Funds). In this case I always try to put aside each month from the income that I can. While it is not how big each month than the investment made by my husband.
During the roughly five years of our money to grow and I feel happy that our joint investment is quite successful. But what my husband said Brenda, the majority of existing investment is now hers. Once again his. Not belong together.
The second problem that arises is when we're eager to have momongan. Besides financial problems, something else is very good in which we both really wanted children. We need treatment khsusunya me in the process of pregnancy.
I use my credit card to pay for such treatment. Once my son was born, we are very excited, because we are endowed with a male child of healthy and funny. But at the moment I expect in terms of financial assistance with my credit card debt for treatment, Andi even say that I need to finish themselves. Coupled with his decision to have another mutual fund investment with only a name. This all makes me fed up and hurt. Although in financial terms we look sufficient, but on the other hand I like living alone meet all my needs and my child.
The above example is an illustration that might be a lesson to you young couples to manage and organize your finances together. In the discussion this time we want to share insights and strategies that you can do in regards to organize your family's financial division.

Money, the Joint Decision
You can use various formulas to make your family finances are harmonious, but sometimes it does not run long. Life is not a mathematical certainty. In terms of money, all agree that money is as a medium of exchange, but everyone has a different financial perspective.
Many times young couples to say "I love you very much." But they sometimes forget or ignore the problem of money. Like the example above, although the couple Andi and Dita have been married for five years still do not discuss their financial problems. Money is sometimes a very difficult thing to discuss. But you must remember, that same perception as it navigates the financial imperative of family life. Do not get used to finance a safe and harmonious relationship to fall apart.
Work together on family finances must be done. When you and your spouse work, then you combine the two into one and two revenue expenditure to be one too. Both of these require planning or division of a wise and fair. It could be you and your spouse set it up with only one income. Suppose your husband produce larger revenue that is used for everyday needs. While you of your income can allocate all your income for future investment purposes. In this case it is not clear boundaries between my money, you or us. All the money generated is shared. All of these are the goals that you and your spouse set together.
Talking about your finances and your partner will assist you in allocating funds for future purposes.
Or you can specify that one of the two of you should stay at home. All of this could be an option in family finances. Such decisions require a more thorough planning with income from only one person, so badly needed good protection planning and wise spending arrangements. Distinguishing between wants and needs to be clarified. Maybe there is a saying that you are ancient.
Let, a decision that you and your spouse is taking a sensible decision and to the ideals of harmony in life, both financial maupu emotions.

Four That Important
The division of labor is needed in terms of finances. Examples in short, anyone who pays all the daily needs of the household. Suppose that you as a wife who should pay the husband in this case need to transfer sufficient funds each month to meet all financial needs of families.
If you decide to delegate one person to pay all the bills bulana family so the important thing to note is honesty. You both should be open with each other regarding the issue of money. Do not get when you use the joint account and one of you take the funds in large quantities and does not tell you pasagan. Once your partner need to something very important was not sufficient funds available.
Expenditure to be very important. You both need to agree a spending plan. This is related to the expenditures that are not fixed, suppose the decision to replace it with a new car after how long? Or what you both think about the holidays? In conclusion, you should discuss and agree on the need to be fulfilled, what is the common desire and what you can deliver.
The last thing that becomes very important is saving money. In this vision of the future becomes very important. With the goal you and your partner will provide motivation and specify selection strategies that can help you achieve your future goals owned. That way you will also see the importance of allocating funds currently and starting right now.

"Starting Point"
At the end of the reviews this time we will give you a few questions that may arise and hopefully can give input and new perspective in viewing the family finances.
Do I need a deposit with our names (husband, wife)?
Remember the illustration above, Andi and Dita, although each of them has a very good financial, but in the arrangement and alignment between them is very less. It's a good idea if you have a deposit with both names. That way each of the married couple can divide sebaian monthly income for the family's needs thoroughly.
In our opinion still have accounts or deposits with their own name. So if you need something for your own needs, you can retrieve it from his own savings.
It should be stored together. But how big should each of the couples included in these savings each month?
In this case, all quite dependent on the discussions and decisions that you specify. For example you can split them in proportion to their respective pendatapan. Suppose, Andi income of Rp 10 million / month and Dita Rp 5 million. They agreed to share the average expenditure on daily needs.
The initial steps you can do is to calculate the amount of daily expenses for a month for family needs. Suppose you and your family after it calculated the cost per month for Rp.7 million. To divide the flat part of each sesuia with their respective income then you should count with the presentation.
First you have to do is add up the total income alone. Total family income per month Rp.15 million. Then the total expenditure divided by total revenue (USD 7 juta/15 million) yields 46.67 percent. With these results it, Andi placing 46.67 percent of his income, as well as with Dita. So Andi put Rp 4,667,000, while Dita puts USD 2,333,500. In this way, each of Andi and Dita placed funds with the same portion in accordance with their respective income.
How if the income is very small compared with the wife's husband. Whether the wife can only use their income to their own needs?
All this is quite dependent on the kesepatan you and your spouse. If that's the decision you both do it. But in our opinion, preferably although far smaller income than wives with husbands, wives still put a small portion of their income every month. Why?
Because then you as the wife still has the same part in the life of the family finances. So you feel that you take part in family financial planning and take a decision in this regard

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How to Set Financial Success Key Family

EVERY family that has long been a beginner or even experienced difficulty in managing family finances. Large income sometimes are not effective to meet all needs. Are there accurate solution to overcome it?

Family Financial Planning Experts, Safir said there Senduk. According to him, the problems every family is not the same. There are families who have little income but can meet the needs or can mean mediocre. While there were large income earners also can not leave money.

"However, the core of the real problems were on the way of money management. How any individual can properly manage their income," Safir said that okezone contacted via cell phone, Monday (31/12/2007)

So that these problems do not occur in the year 2008, the Sapphire also provides tips for successfully managing the family finances.


1. Review your investments

Year 2008's when you see smart chance. Begin to review the investments already made, already okay or not correct. In the year 2008 will potentially decrease the bank rate, so you can use the opportunity to invest into the stock market. Minimal stock mutual funds for which have not. But for those who are accustomed to may also try to share the individual.

2. Set back our spending

Given the interest rates will fall, so do not be surprised if the year 2008 many people will spend money to buy goods or services needs. Seeing this phenomenon, the year 2008 can also be interpreted as the year consumptive.

Safir suggested to promote the principle of balance. That is, money spent should not only focus on one component. Not be spent on vacation, while for the daily needs forget.

3. Finding new sources of income

Each person had been a creative time to add new revenue outside of the main income. This is of course to anticipate consumer years to come.

Business areas will be pursued any variety. However, Safir predicts that 2008 will be much sought after people who have knowledge or knowledge, such as a consultant, doctor, and others. If not interested wrestle this field, can try a business broker, the profits gained from the commission.

For employees may be doing business. But Safir advice to businesses should not run away from job sites. This is useful to supervise the business in order to run smoothly.

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How to Manage an Effective Family Finance

Adjust to the Plan and Targets

When the turn of the year, many people began to make plans and targets in the years ahead are also new. However, please do not forget also to develop a financial plan. Whether it's for you who are married or not, planning is important is adjusted with the plan or targets to be achieved in the years ahead.

Suppose you have a family, may need to make plans when your baby will be predicted in the next year will be born, when a child enters a new level of education, or targets to build and renovate houses.

As for the singles, such as planning to marry next year, the school again, buy new vehicles, or plan to increase business investment should be considered in adjusting financial planning.

Also, do not forget also the long-term planning. Whether it will start setting aside money for long-term planning is starting next year or already in the running, please keep in mind these points. (F)



Count Assets to Expenditures

Although you are not a qualified accountant or financial adviser with experience, actually to issue their own finances, you could do it. Especially you who know, like what your habitual pattern of turning private financial flows.

To perform the role as a financial planner, here are some steps that must be passed. The first, we need to determine our current financial situation in the form of wealth and debt.

Wealth can be any form of both real and financial assets. Cars, houses, jewelry as real assets, savings, deposits, mutual funds as a financial asset. Similarly, in a set list of debts that can be long or short-term debt in the form of credit.

If both of these sections you can get, however you will also need to consider various forms of income which has been the pillar of your life. Starting from a fixed, or sideline. Do not forget also to write the routine expenses that you normally do before.

The next step is to determine which plan will be carried out in the next year who might require additional expenditure. This can include expenses for the plan do not post a short, medium term for the next three years, and long term for eight to ten years into the future.

For those who started reading, that a few more years is a change in the child's school, of course, need to also make the planning now. This can be realized in the form of education insurance later.

Obviously when determining the long-term planning is later, we need the sniper penyiasatan by generating multiple alternative solutions. Think carefully, how the heading for the post later this spending plan, particularly the main, be met.

However please also note, in this plan will still need the flexibility inherent in the existence of standards that we have decisions to make. Changes that moved from the planning can indeed happen in the middle of execution. For that, we need to frequently perform evaluations to remain objective is achieved, changes in the implementation of the financial plan was not to damage the achievement of those objectives.

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3 Tips for Success How to Manage Family Finance

Life was not easy to married, besides taking care of her husband and children, of course, as a wife you should also take care expenditures for all family needs. Then how the secret to successful manage the family finances, so no big happens pegs than the pole? Try these tips ..

1. Make a Plan
If your partner has given and entrusted his money affairs entirely on your household, you'll want to do good planning as he did not forget to discuss with a partner. Plan all the needs and allocate funds according to need.

It's good all the plans are written in the notes is important, so really focus on what to buy. Short-term plans, of course must be related to current needs, among others, daily living expenses until the needs of school children.

In addition to short-term plans, you should never forget the long-term plan. It could be you realize in the form of savings or productive assets. Whatever little money your household, do not forget to set aside for savings. If necessary, before you allocate funds for their household needs, first set aside for savings. Investments in the form of savings or jewelry (gold), can you make a choice. Strive to make the savings even very small amounts will be very profitable. Saving culture, need to be submitted to the kids at home, so they can save.

2. Share Duties With Spouse
Things that need to be taken by married couples is the division of tasks. Managing finance in the household must be addressed in unison. If the husband provided all the income to you, we recommend a monthly shopping schedule mutually agreed, and became a priority. The rest, return to the husband for keperluannya, and from there set up funds for investment. How much savings will be excluded from income must be clearly specified.

When you set the financial expenditure, it's worth the couple was given the responsibility in the affairs of the jar to save for school and other interests. Any problems that arise from the division of these tasks need to be discussed clearly and be open with each other. There should be no sense of mutual suspicion and should be solved together as well.

3. Ceramic Extra Spending
Once completed with the financial planning, you should also calculate the extra spending needed for family recreation, the need to eat outside the home, travel expenses or budget end of the year to visit distant family home. In this case, the expenditures should be regulated in such a way, but still not allowed to reduce household each month.

Indeed, not all households have the same style and pattern in terms of financial outlay and system settings. But, at least, with this plan will more easily arrange household financial management. This will be useful for the present and future. Efficient does not mean cheap.

The consequence is that, if appropriate and urgent to buy something? Would be useful and not wasteful if every day to eat in the cafe? Many things to consider in spending. Even should assist family members who are trouble, all that should be done without sacrificing the needs of families.

Well, if you've managed to arrange your household finances well, do not forget to run it consistently. With this step you will undoubtedly reap the results in your old age.

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Family Financial Planning Consultation

When you are about to consult or just ask questions about family financial planning or even small and medium business around your family through the rubric of frequently asked questions, can send email to me to djaja@perencanakeuangan123.com

tags: family financial analysis, financial planning services, consulting a family financial planner, SME consultation Family

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Financial Planner: Income versus Expenditures

Financial planners often face questions about income and expenditure. Many of us unconsciously into the trap where the snowball our income also increased spending faster we grow more quickly. No. matter who ran a story about a hamster running well in wheel rotation and locked in a cage. Like a cage said it was the pattern of our lives or just call it a lifestyle that has shaped us so that we seemed to be unable to get out of our position which has been formed. We will continue to run and this continues our income is higher, the greater our spending. The second danger is if this becomes a correlated one or even more than one. Well this danger Dunk.... Imagine what happens if this correlation to more than one. Revenue rose 10% expenditure increased by 20% or even rose 30%... the rest are financed with credit card debt. Finally, we work every month just to pay off credit cards. Short words like aja deh.. from price increases due to inflation aja already heavy, do not add expenses that should be suppressed. Naturally, if can not buy the expensive HP should not be forced, yet all the same hp hand function is to communicate and to receive and send SMS... anyway Lifestyle not true?

If we can not escape this problem, we realized later that we worked so many years, goal did not have anything because we kept running like a hamster on top. So please friends, analyze your spending every month, see where the priorities and what does not. Establish yourself to save and invest each month in advance. Well this was possible 20% of income thanks yah yah if only 10% of Amien.

My message is do not use credit cards if not necessary, and do not have a credit card batch, especially if you are not able to control your desire. Use wisely and for a fair and limit the need for excessive desire or pleasure. Actually there is nothing wrong with credit cards, which one is the mindset and lifestyle. We think credit cards like cash money when money cash no we have.... You owe it there....

Tags: analysis of family financial expenditures, Family Financial Planning Articles, credit cards, financial planners, and lifestyle patterns

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Financial Planners: 2 Main Risks in Family Financial Planning

Many people are less aware of two main risks faced by everyone in the family financial planning mindset. In fact many examples we have seen in the community when a husband dies, his wife did not have the ability to sustain its economic life because of family economic support was the Husband. More complex story of a boy of a wealthy family, we call Bob, because he felt as a child when Bob's boss is and has a wife and three children, then Bob was never to conduct family minded bride s financial protection, because, according to Bob he ' s got a wealthy dad. So what happens at age 10 marriage to the wealthy father went bankrupt and Bob can not cope with it and suddenly Bob suddenly ' s sudden illness and tragic death is not... well... it was just an illustration aja. In short, we nevertheless need protection or the protection or life insurance to protect the economic value owned by a householder who make a living for the family. This is called Risk Death Too Quick.

Stated another story, when a head of household, we call aja Mr. Abdul, less attention to funding needs his old age because they feel comfortable with the current economic situation when he was still able to generate income or economic value from their jobs. But what happens when Mr. Abdul was retired economic conditions increasingly difficult, especially in his old age when their economy was uncertain because it turns out that the receipt of a pension is only enough to finance his life until five years after his retirement. Her life becomes very dependent on his children who also face heavy economic burden on those days. Yeh Sorry.. let alone my father could leave the estate.... for my own life just as well have been very difficult. Children do not understand me? ... Obviously there are risks here seen that both the Risk Life ' s too long. . Indeed awry as if life is too fast ya wrong, living too long is also wrong. But all that could be mitigated if we prepare for the side effects early on with a good family financial planning. If necessary you can contact a financial planner who can help you to prepare.

Tags: family financial analysis, Family Financial Planning Articles, annuities, life insurance, investing, mutual funds, financial planners, family financial protection, the risk of living too long, the risk of dying too soon

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Financial Planners and Destination Your Life

Financial planning is a process that is integrated in order to achieve the goals of one's life through good financial management. But on the other hand we are often late or less sensitive to recognize what is the main purpose of our lives in the family needs in the future? So the same as a car driver who does not know the direction where he wants to go ... then what happened he just walk in circles until the fuel run out. This should have been wiser if the driver before he went he already knows where she wants to go, the map where to go, how long it takes, enough gas or not, if not enough it must be petrol contents first, so that finally the driver was able to succeed until the goal by congratulations.

Just as well in the company, a leader must have the vision and mission and a clear objective or goal was because of this that leads the company where it will go. You as an individual or as heads of households are also the same and no different in this regard. So, we call it You aka You own Corporation is actually a corporation, it is therefore a great emphasis on the importance of Financial Planners created the Family and Financial Balance Sheet Cash Flow Family. So you'll know all your goodness and badness in managing your family finances.

The more you learn of your personal financial statement, then you will more and more aware that there are very many shortcomings that must be repaired. Well thanks if it's already a lot of excess-excess ... he .. he ...

So to be clear what the purpose of your life, learn all of your financial condition through a new personal financial statement deh can understand the steps or strategies of what to do next so that life goals are met. Do not leave ourselves at risk that we should be able to secure through a family of good financial planning. Good luck!

Tags: financial analysis of the family, family, family financial reports, financial planner, the purpose of family life

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Family Financial Planning Support Destination Fulfilling Life

Talking about the purpose of life in family financial planning is not as easy to say it just like that, because not necessarily what we say is a priority goal for our family life. In this case, the family financial planner will assist / facilitate you to be able to recognize what is truly urgent, priority of your needs in both the short and long term that will be the purpose of your financial planning.

It is undeniable that all people want to live happy, this could buy it, can walk here and there, it is normal. But What is it all a priority goal for your life? Be careful not to get stuck in distinguishing truly needs and which are merely wants. Well well well ... ... desire as a walk to Paris ... it can also be the purpose of your financial planning you ... but what's the priority? Desire is only enjoyable moment better is removed first, when you think about what your life actually becomes a priority goal.

As an illustration only, usually if for people in general, like the young family, the priority it is like buying a home needs, preparing educational needs of children, and even better if you are already preparing for your retirement needs. But generally in terms of preparing for this fund requires a travel time of course the better if prepared early. Since the passage of time that many bad possibilities that can happen. Therefore, it rose in the science of family financial planning, you should minimize or eliminate these risks with the transfer of risk or transfer these risks through an insurance protection. Do not let your passengers ride like a Cruise ship with no lifeboats and the ship did not have a float, wao... wao ... the danger ... ... Illustration right is willing umbrella before rain ... do not let the rain had soaked... later .. he .. he ... Well it's just some examples of the priority goals.

But everyone's life goal is different well depending on the circumstances of each, so that priority could be different. Remember happened if making the right priorities .... The essential foundations and structures built his house first and do the finishing with a neat, do not buy the furniture first .... Ggggeerrrr ... ... ... .. well as Milk Jargon Dancow my favorite ... "It used to be Just That" ... . that's about the scale of priority should we do in our life's purpose.

Tags: family financial analysis, Financial Planning Family Pages, insurance, business, emergency funds, health funds, education funds, pension funds, debt, financial planners, family life goals, goal priorities

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Financial Planner and Time Value of Money

Financial planners always stressed that the time value of money or the Time Value of Money is very important in family financial planning and also influence the success in achieving the goals of family life.

Then what is the time value of money? Illustration is this if we have money now amounting to Rp. 100 million, then if we put this money into investments that provide the assumption of return of 12% per annum (nett assumption), then within a year the amount of money we will be Rp.112 million, so within two years would be USD 125 , 44 million, within three years to Rp. 140.49 million and so on up to 20 years if it becomes Rp. 964.63 million and so on so forth. So the sooner we invest, the more money we will collect in the future. Now if only the presumption that the IDR lumpsum money. 100 million had been, let's also continue to invest every month USD. Currencies other than USD 3 million. 100 million which we had invested over 20 years how much money or value of our investments until the end of year 20 of the USD. 3932.40 million. Wow .... Great as well ... .. nah is relatively large or small breed but showed his money ... that is caused by the effect of time value of money.

Then use what dong for family financial planning, its use is to facilitate financial planning itself so that financial planning can be done. Without the assumption of return or opportunity cost, the technique of counting the time value of money used in financial planning can not be done. Now we return to the example above where the latest example of money or value of investment to Rp. 3932.40 million in 20 years, assuming 12% return per year. Well now live behind aja if you want the value of your investment to Rp. 6 billion in 20 years, how much additional investment that must be done each month, assuming the same return? Easy is not it, just stay behind it ...? but wait a minute ... ... the fact that all the assumptions of financial planning assumption is more complex than that because there are other things that must be considered as the level of inflation which lowers the purchasing power of money and other things that came back were also associated with family life purpose. When combined with other assumptions asumsil the Time Value of Money is going to work more effectively in assisting the planning of your finances. What is your plan? Time Value of Money will of the make your plan possible.

Tags: Family Financial Planning Articles, deposits, securities compounding, investment real estate, mutual fund investing, leveraging, the economic value of the assets, financial planner, time value of money

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Financial Planners: 2 Main Risks in Family Financial Planning

Many people are less aware of two main risks faced by everyone in the family financial planning mindset. In fact many examples we have seen in the community when a husband dies, his wife did not have the ability to sustain its economic life because of family economic support was the Husband. More complex story of a boy of a wealthy family, we call Bob, because he felt as a child when Bob's boss is and has a wife and three children, then Bob was never to conduct family minded bride s financial protection, because, according to Bob he ' s got a wealthy dad. So what happens at age 10 marriage to the wealthy father went bankrupt and Bob can not cope with it and suddenly Bob suddenly ' s sudden illness and tragic death is not... well... it was just an illustration aja. In short, we nevertheless need protection or the protection or life insurance to protect the economic value owned by a householder who make a living for the family. This is called Risk Death Too Quick.

Stated another story, when a head of household, we call aja Mr. Abdul, less attention to funding needs his old age because they feel comfortable with the current economic situation when he was still able to generate income or economic value from their jobs. But what happens when Mr. Abdul was retired economic conditions increasingly difficult, especially in his old age when their economy was uncertain because it turns out that the receipt of a pension is only enough to finance his life until five years after his retirement. Her life becomes very dependent on his children who also face heavy economic burden on those days. Yeh Sorry.. let alone my father could leave the estate.... for my own life just as well have been very difficult. Children do not understand me? ... Obviously there are risks here seen that both the Risk Life ' s too long. . Indeed awry as if life is too fast ya wrong, living too long is also wrong. But all that could be mitigated if we prepare for the side effects early on with a good family financial planning. If necessary you can contact a financial planner who can help you to prepare.

Tags: family financial analysis, Family Financial Planning Articles, annuities, life insurance, investing, mutual funds, financial planners, family financial protection, the risk of living too long, the risk of dying too soon

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Financial Planner | Investment Is Right For me?

Many people ask what is a good investment? Actually the question should be investing what is right for me? Because it is relatively lo ... good in the short term or long term, and for Who? and for what purpose? May suppose that the right equity fund investment for Mas Andi courageous and aggressive and wants to obtain an optimal return within the next 20 years. But mutual fund shares are not appropriate for Mr. Ali, who wants a safe, fear can not sleep, afraid to go down in value and want to keep the money that has been collected to retire three years. As we know the stock investment has a great chance to experience price declines or fluctuations in the price, so this investment instrument is contrary to the risk profile of Mr. Ali.

So it was an appropriate investment for the right people, for proper purposes and within the appropriate time. Sure there ... High Risk applicable law or the Low Risk High Return of the Low Return, well if it dared to risk or a risk taker of course there might well be a big return that although the risk is too great. While risk avoidance or risk averse may well return at least low-well in accordance also with a lower risk. So all will return to Who You, what is your risk profile? For the purpose of your investment Do What Is Your Plan? When?

Well .. well .... Each of us has its own size, maybe a glass of water is enough for eliminating hunger Mr. Ali, but not enough to make Mas Andi glass of water but must use the syrup and ice cubes and given a new orange juice thirst is lost ... ...

Financial Planner will help you so that you are not going the wrong way in determining the right investment for you in achieving the purpose of life in the future.

Tags: Family Financial Planning Articles, deposits, securities compounding, investment real estate, mutual fund investing, leveraging, the economic value of assets, financial planners, risk profile, time value of money, life purpose

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The problem of Family Financial Planning | Organizing and Managing Financial Family

Indeed it is often the case around the financial planning of family finances, like here's the question: I know that manage and organize family finances is very important to achieve the goals of family life, but it's like this lo ... "My salary barely enough already and not one bit left for savings, especially for investment, how can I be Dunk's how to reach your goals or plans of my family? "Why is the question that seems simple but it requires a complex answer.

Well Mr / Ms, I am not able to carelessly answer this question because first, I did not know the circumstances and the financial condition of Mr / Ms, second I do not know the pattern of expenditure Mr / Ms. This applies specifically to the problem Receipts Expenditure VS aja lo .... This required a financial analysis of whether his income is too low to meet all the needs of family life or that of their spending patterns. My answer was brief, if after going through the process of financial analysis is indeed found minimal acceptance, then you can perform a number of strategies: First, look for additional income for the family economy as open a shop / store in a house, SMEs, working side-based expertise and interests or seek better jobs that could provide more income for the family, both by removing or replacing some types of spending by the substitution of cheaper, for example, select the motor rather than a car, choose private rather than public schools, select generic drugs rather than patent drugs, shopping at the market than in supermarkets, etc.. But if your family expenditure patterns is wrong, the obvious strategy is to cut your unnecessary expenses, look for a cheaper and set aside in advance to make savings of 10% of new arrangements do your family shopping.

Frankly, it becomes a problem if a glass is not filled with water, because without water we can not talk about water syrup, lemon tea, ice cendol, mixed ice, ice, sea grass, because they need water. Similarly, family financial planning, clear everything also need money received either from work or income from assets that generate money to families over the financial planning process in order to achieve the purpose of family life.

No difference was also with a farmer, which requires a parcel of land prior to launch menggempurkan and plowing fields, so that rice could be successfully planted and can produce rice that can be harvested. Starting pointnya always be there .... If we do not like a fisherman who fish without any bait .... Hhmm ... is just a kail just ... .. or seoran soldier who went to war without a gun ... .. then he asked me how to defeat enemies ....?

In short these Spending VS Reception problems must be dug in the correct proportions and clear. His strategy is to increase your income as much as possible by means of the above and press your spending wisely by first cutting 10% of your income for savings. Inevitably you have to turn the brain and creative to earn revenue. After that do spend it wisely.

This is just one aspect of it from your family of financial analysis, which also is one part of the whole process of planning your family finances. All will come back to the goal or plan your family from the beginning, and I saw one of you on your goals with this problem is to have a savings that could family investment for the future, because you are concerned with the problem you now ... money. Hhmmm .... do not despair ... there must be a way ... .. as long as you want to try in earnest and hardworking and conduct family financial management with a good and proper ...

Frankly concerns about this issue, should not make us complacent and become a reason for us not to do something ... Do Something .... I am sure you can ... ...

family financial analysis, financial analysis of the family, the case of finance, family financial planning consultants, family financial management, family financial problems, manage and organize family finances, financial plans

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The mentality problem in Family Financial Planning

The financial issues of family planning has become a hot topic, because asking people increasingly start is what the family's financial planning. Then, as financial planning, be true?

Apparently, the problem is in us. Different kinds of people in this world, because apparently all live the dreams and desires for a comfortable and pleasant's Got, and a variety of ideas and ideals, but how many of those who really want to realize their ideas and ideals, was his dream to live or bad? Remember, everything is a price to pay, let us not because it wants faster you need to realize the dream of high seriousness and commitment. Apparently the hardest part is not exactly different plans, but how do I run a plan itself, so our goal is reached.

According to me, as you answer the financial question, you can learn, or even if you learn to not have the time and create your own, you can ask financial planners to help set one up for you. But on what? This is a guide or a guide or an integrated set of planning your family's financial planning, and nothing means more than just a book report. The question then, what?

For the success of your financial planning, to the mentality of self-administered, no phone, you can NAPO aka No action .... It .. it .... Therefore we need three main attitudes are: discipline) - 2) Discipline - 3) discipline. It appears that the evolution of a discipline which is not easy to discipline by his lifestyle should be a long time and it is not often easy. Discipline is the realization of a clear obligation. examples of people want to lower blood cholesterol, should modify their behavior and unhealthy lifestyle, it can reduce fatty foods such as discipline seafood, dagingan consumption of meat and more vegetables and fibers. If disciplined, and I certainly have never run this scheme, if my high cholesterol. Just click on "Discipline". A bodybuilder who has always been with rigorous training schedule and eating habits. Very often we can hear the saying that "You are what you eat" or something similar to what the law of sowing and harvesting clearly the law of nature, which can be used. Lo, it is not different in many ways ... You owe your success to accumulate from time to time, so you can make the next jump in success. It is not possible if the people whose lives richly, not want to live not on the priority scale, no savings and investment, and not have a clear financial plan before not even for financial planning at all, more comfortable and convenient in the future. Therefore, we draw a simple lifestyle so that you stand the hard life in future.

Remember that God Mmberkati people who really want to be truly blessed, not people who do not like how it is possible to produce rice fields was, Farmer was not working, if the care membajaknya hoe him occasionally, until the harvest time has arrived. Similarly, life must be treated, we introduce the roles and responsibilities, and God the Creator we see how serious we are and the blessing will certainly be upon us. I hope so.

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Financial Statements Analysis of Financial Planning For Your Family

As I said in previous articles of financial planning, we are a family no different than a society where money is the fuel to run the wheel of life in this world. Sorry, I did not teach secular lifestyle that often seem materialistic. We can not deny that we actually need money to live comfortably in this world. It is true that there are people who say always, money is not everything, because life is the true life in the hereafter later. Do I deny it, this statement because it is the highest aim of our life together, with God, our Creator. For, in my opinion, should not blind the eyes of our heart treasures, so we become cruel and cunning. It is therefore fortunate for the good so far used not only a pleasure. Therefore, no way we try and go break a reason, not out of fear, a wrong move, because your life is not merely about the time, but used the time to make the best life and note the time will never wait for you. Every minute that just missed entry into the past. When you really love your family and accept the responsibility that was entrusted to you, then you are forced to draw attention to the family whose name is to pay cash.

Well, what the way is able to be seen, or do you think about your financial situation of the family, then you have begun the consolidated balance sheet and income families and begin to analyze the accounts of the family you.before, I would ask "Do you know how much your spending per month, as much as the spending by type of transaction on your fixed costs, including fees, depending not specify what the consumption is the is an investment." If you can answer my question then you can create reports or calculate net cash flow of your household budget. Try to summarize all your expenses, here your surplus or deficit on the income your family. Most of us whose names do not control spending or withdraw this, especially when our credit cards more and more .... What might be thc slid aja .... .. I had to sing slogans ... Shop Till You Drop .... ... we are invited to even go bankrupt. Finally, what has happened and we dig only pay with credit card ... ... dig a hole to open the cover of this month and created so ... cool ... save it as it is called a hamster on wheels. What we do not recognize the models and ways of life like this?

Learning to think critically in terms of money, considering the following questions:

1. What are my purchases are elements that I really need?
2. Is the need or desire?
3. Is there another alternative for the goods that we need those who have a lower price with good quality
4. As such purchases could be delayed for a few minutes?

Short words can not buy, do not buy if yah ... it .. he ... lo so clever, not so greedy and smart, but if necessary, and are not necessary. Try this simple life, so you can easily manage your finances in the family.

Make an analysis of your spending and develop a financial strategy continues through the test:

1. Highest Priority Scale => Where and what is not output, then this is not the priority it has begun to be analyzed immediately eliminates unnecessary indiscriminate.
2. Percentage of expenditure => how much of each type of expenditure to total expenditure of your transactions, somehow the largest to the smallest. Learn how to the large expenditure which naturenya a great need, and whether the amount reduced, particularly in connection with consumption.
3. Create an analysis of how much you spend on consumption, how much money will be used for investment, how to use a lot of money to pay off your loan?
4. Business models of your knowledge, what you buy with a credit card or by cash, what do you with a shopping list or not where you shop, what attracted the discounts that are not necessarily the level of competence in these positions you need.

The goal is to ensure that the expenditure expenses that you are smart and wise to be removed only for purchases really, really, and be sure to set up the first cut of at least 10% of your income aside for the future of your family. Do not let your big pin of the mast, the deficit, and may have their own headaches. Save and invest your money wisely for the future needs to meet not miss today's lifestyles are komsuntif. Strategies to a large net cash flow is form, to increase revenues and reduce costs as much as possible as quickly as possible and then use the surplus or net cash flow for further investment and or long term needs and financial protection of the family and increase your cash reserves of emergency when you are not satisfied. If necessary, if you make a radical change in consumption habits, or go shopping, so you healthier and produce instant profits need for your family.

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3 Ways Your Health Insurance Company is Cheating You

Wearing a growing number of consumers, health insurance has led to a growing provider of medical insurance fraud. These providers can often target new retirees and seniors, and small businesses, not negotiate better rates with legitimate insurers.

Wearing a growing number of consumers, sickness funds has led to a growing provider of medical insurance fraud. These providers often target new retirees and seniors are legal for individuals and small businesses that do not negotiate better insurance rates. Be very careful before investing in health policy. For more information on how an idea can win one of three health insurance fraud.

Non-payment of debts
In general, the official fraud in the health sector, a large number of people quickly, offering them lucrative contracts. These vendors continue to pay medical insurance premiums and small claims, but if there is a considerable amount of demand or regulators catch these illegal transactions disappear as if they never existed.

So be careful when you offer a delayed payment or service of excuses for not receiving payments. If you are registered with the plans illegal, may be responsible for medical bills of its employees.

Unauthorized Health Plans
If the company where you bought the health policy will not be granted to the Commissioner of Insurance of the State, may be blocked. If all is not apply the rules of the basic insurance to your service provider, the company can be established. Then, you're cheating the service provider is not authorized to commercialize health plans.

Insurance agents can not sell all legitimate ERISA or the plan of the Union, the federal law governing it. So if the insurance agent who is trying to send you in the sale of ERISA plan or trick the Union and the Report on the insurance department of the State.

Outstanding coverage at lower prices
If you are offered an unusually, despite their health and even at reduced prices and more profits that other insurers, it is time to press the panic button. Let us not be fooled by the lucrative offer, or it may be confused with a twist. The purpose of thieves collect "large quantities quickly as possible try to sell the maximum number of measures at attractive prices.

Tag : online health insurance quote, health insurance

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Your Family Financial Statement Analysis

As we have seen that in assessing the health of a company is not independent of its financial reports and analyzes the existing ratio in such financial statements, as well as the financial health of the family also require analysis of the financial statements of the respective families.
Financial Statements Analysis

Financial Statements Analysis

Previously we have spoken about the financial statements of income and cash flows of the family finances, now we'll talk specifically about the family's finances. Actually, what tuh Financial balance family and what information can you conclude through the analysis of this report.

Just as the balance sheets of financial firms, we also divide it into Assets on the left side, and side Liabilty, and Net Worth on the right. You can divide the assets into three parts, namely Liquid assets (ie funds that you can use at any time as there is in cash, demand deposits and savings), Personal Assets (ie assets that generally are not productive and only used for private purposes such as private cars, home furnishings, jewelry for personal, Electronics, etc.) and the last Asset Investments (ie assets that generate returns, or its value tends to increase from time to time, so its not productive and consumptive purposes such as deposits, mutual funds, bonds, stocks) . While the Liability side can be divided into two ie Short-Term Debt (which will fall due within one year) and Long-Term Debt (remaining debt will mature in the first year). While the Net Worth or net worth staying between total assets by subtracting the total such liability. Well just like the analysis of financial statements in general, that the Net Worth, this must always be maintained because it shows the net wealth of a family, you are rich or not visible from the value of this net worth. The ability to manage finances by always doing the family finances traffic analysis to study spending patterns can result in the ability to control family finances that can result in a net cash flow each month from time to time. Net Cash flow is what will add the Net Worth or your net worth. So do not be extravagant, man and Non ... so that your wealth continues to grow. Try to imagine if every month the value of your deposits and mutual fund increases, a relatively small big yah yah, but it's important that you are committed to your family until the goal is reached. While for a detailed analysis of family financial health position required ratio-ratio analysis such as analysis of the liquidity ratio, debt ratio, debt service ratio, saving to income ratio, solvency ratio. Through this analysis, ratio-ratio we can determine the position of financial health so we know what the strategy should be improved and what should be done. This analysis will help us in setting family financial goals.

The strategy is directed to you as much as possible to have a productive asset, or some people call it an investment asset, there is an asset called good, others call it a positive asset that is an asset that can give you extra cash flow, and completing the additional investment (reinvestment) with fixed maintain your liquidity position and keep your debt position, so you still get additional net cash flow or economic value added to the management of your debt. Well may-be owes no debt to the origin aja consumptive purposes, such as credit card debt to buy electronics or a longer ngetrend hp. Berhutanglah with rational economic benefits created by looking at you, well if owed to a business or to buy the leased property-rentals okay okay well just have to count aja, you make money or loose money. If there was additional value or benefit in the long term to produce a return that provides economic value added (net additional cash flow) seteleh offset the debt costs, then you have been indebted to the rational. Do not let what happens is you owe it to the opposite ie consumptive purposes to the extent your net worth is less than your debt, I'm sure your net worth will soon be eroded over time that eventually you can go bankrupt. Now it needs a rational way of thinking, well do not need is a luxury European car if it had not in his capacity, is not more rational if we choose a Japanese car was a smaller CC. Well, aspires to have a luxury car should be aja-mate, but think about what all needs and financial planning priorities for your family has been fulfilled or not. Only by acting wisely, can help you help yourself reach your final destination the family finances.

Remember Mensana Incorporisano sentence that is within the Healthy Body Healthy Soul there is also, well in that regard until we do not maintain the financial health of our families, if not keep in good health until this one, be careful lo any one day her soul was also disrupted, try aja you see husband and wife who are fighting just because of financial problems that are not healthy. Hmm but she said Love is everything Love ... Can you beat this one issue. Well it back to your own.

Tags: family financial statement analysis, financial ratio analysis, investment assets, liquid assets, personal assets, economic value added, managing family finances, family financial balance sheet, net cash flow, net worth of families

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Do Financial Planning Your Retirement Funds Early

Retirement planning. Often we do not realize that the time passed so quickly and without the starting age was changed from the head first and then became the head two to three heads and suddenly we were in the head four or five. Our hair was jet black and started to slowly fade to white in line with the increase of our age. Many people say well it adds additional age wise .... Hhmm's right nor wrong, well if yah plated on white hair aja kan look so young anymore. But apparently things about the pension fund problem is not as easy as dyeing white to black again when you are entering old age. You have to do financial planning since the early to prepare for your pension fund. Do not be late for this one time can not be replaced with others such as the story had white hair.

Now do not linger longer immediately take your financial calculator and start calculating how much it actually needs your retirement future. There are two methods that can be used for retirement planning is the first and second method is the Income Approach Expense Method Approach, but the two both have the same purpose which is to determine how much money you should invest every month from now so you can have this level of economic life good when you retire. In the event you lack the ability to be able to make an investment to meet retirement goals you should take a more aggressive strategy such as by seeking additional income by finding a more promising job or take other additional part-time jobs in order to achieve the above or otherwise be satisfied with a lower lifestyle someday when you are entering old age.

Illustration of how to count more or less like this is suppose to satisfy your lifestyle now needed funds amounting to Rp. 120 million per year, when to arrive to the time of retirement is still 20 years away (to arrive at the age of 55 years), assuming inflation of 8% per annum, then the time will come you need a fund of Rp. 559 314 857, - per year in order to have the same standard of life with the present. Well from there on the countdown again for example the target is a 20-year retirement until age 75 years, then how many total accumulation of funds needed at the beginning of early retirement for example assuming that the net return for the period amounted to 2% and didapatlah that accumulated the necessary funds on early retirement is the beginning of Rp. 9145599603, - If the assumption you do not have any investments at this time, to meet the goal of living to maintain the same lifestyle that starts from 20 years from now when you are starting to retire, then you should make an investment of Rp. 9,244,933, - per month, assuming an investment return of 12% per year. If your current income is Rp. 20 million per month or Rp. 240 million per year, it does not matter much because there is still money left over Rp. 10 million per month to prepare for such pensions, but if not, then you should be extra cautious and do the hard work to cover the shortage from now.

It's just one extreme example to illustrate the needs of your retirement fund, I hope things were not like that where possible you already have an investment property or other financial investments and other additional retirement funds are good investment returns that have been able to meet most needs of the accumulated funds such pension at a later date, so you simply count the lack of investment that must be done per month now during your productive life. However we must try to prepare ideally supposed to do, well turned out at a later date if your son be a successful person and willing to maintain and manage all your needs well be grateful for it, and about the money that you already prepared can be used for other useful things. Whatever the reason you are preparing for retirement early on, the faster it gets easier to go after him.

Be careful if you live on now, so you are happy and complacent with it, because at that time usually we forget to think about the old days these funds. Many other examples in his youth and the affluent life sparkling, but in his old age of scarcity. Beware!

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How to Prepare Children Education Fund

Fund-education Many people ask me how does prepare the children's education fund. Are sufficient funds that now I am preparing for future education? Now it is a very good question because it is important we should know whether we are preparing for the education fund is sufficient to meet all the needs of these pieces of our hearts.

Now that's a lot of bank or an insurance company that offers preparation for children's education fund and I think there's nothing wrong with the product, but the problem we are often less sharp and home buying education products without us really understand whether the funds will be collected this adequate or not later. So when you buy any product name of education funds, insurance funds for education or education savings accounts, try to be more observant analyze it and make sure the seller knows exactly to your needs, so that it can provide guidance or proposal as appropriate.

However be careful because inflation will eat what you prepare for education funding. Therefore, always make sure enter the inflation rate assumptions in calculating your child's educational needs clearly. For instance, now high school entrance fee of Rp. 5 million, assuming 10% inflation rate, then three more years of high school is the base currency into USD. 6.655 million, - and onwards to the money also went to college at USD. 20 million, then six more years, assuming inflation levels of 10% to Rp. 35.43122 million, - and do not forget yet semesterannya SKS money. Once you know all education funding needs in the future, you will know how much you should set aside each month from now so that funding needs are met on time in future. So make sure the money that you can prepare to prevent the increase of tuition fees in the future as the effects of inflation. You should be critical in the education fund to buy these products so that education funding goal is reached in accordance with their needs in the future.

I believe Mr. and Mrs. ideally would have been concerned with issues of this child's education fund, so I could not agree more, because education can help our children to obtain better insight, better jobs and hope ideals better. At least you've given your child kailnya and fish fishing has been able to fend for themselves later in life. That has become our responsibility as parents all over this GOD Baby advances. Well of course while nurturing a spirit of leadership, who knows your child will become a successful entrepreneur and create more jobs again in Indonesia.

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When Mr. Mom is still confused, try Mr. Mom remember remember once again how much money Mr. Mom when elementary schools and elementary schools compared with the same money now. Well that's what I meant above. Please count how many times fold increase within a few years. Should we anticipate this together so that all runs smoothly.

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Do I Need Life Insurance Planning?

Before discussing more about life insurance needs, I will discuss first on the definition of Life Insurance are as follows:

Definition of Life Insurance in accordance with Act No. 2 Year in 1992 reads like this:

"Life insurance is an agreement between two (two) or more parties with which the Insurer is bound by accepting premiums from insureds to provide a payment based on a person who dies or lives insured"

While the definition of Insurance pursuant to Article 246 of the Criminal Code of the Republic of Indonesia goes like this:
"Insurance or coverage is an agreement by which an insurer committed themselves to the insured by receiving a premium, to provide reimbursement to him for any losses, damages or loss of expected profit, which may be suffered because of a particular event that did not."

So in this definition is clear there are four elements involved which the Insured Party (insured), Party Insurers (insurer), One Events (Accidental / uncertainty), Interest (Interest).

planning-insurance-insurance jiwaJelas there a role for the interests of maintaining the economic value of one unfortunate event of death, so that those who abandoned or heirs can continue to receive a decent life with a certain amount of money available in the insurance policy agreement. So according to core functions that life insurance is used to transfer the risk of these deaths to the insurer (insurance company) so that the economic value of the insured (the insured) can be sustained.

Now you already can understand the intent and purpose of the protection of life on this one, so I do not need to linger and direct my insurance said it was necessary for people who are still in the productive years that have economic value or income is used for sustaining family life. Especially if your child is still a small child, how their future if the "pickup from the Top" came suddenly. Because we never know about the life of our lives, and this is referred to as an uncertain time of death even though we own all know that in fact it is the certainty of death for all people without exception.

However I see a phenomenon that was funny because sometimes some of those who already have excessive investment even has a passive income of life insurance aja still view this as a necessity, but ironically most people who do not have a lot of existing investments or passive income that the insurance rate is not too need because they think their money is limited. Precisely because of all limited, we increasingly need protection on this one to maintain the economic value so that only our family maintained its economic life, if an event of uncertain time for that to happen. However umunnya someone more established it will be increasingly aware of the importance of this issue. Believe it or not, the judge of your own!

How much life insurance coverage you need? Wait for next article.

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Financial Planning for Productive Period

I will start the financial planning articles in this productive years with a story where I met people who said that his brother there who was not working anymore though clearly still in the range of productive years. Lo I asked why? what your brother is really financial freedom or simply not able to work because of intense competition, the current job. The next story is too long to be discussed here but in short I want to tell you that many people who do not work anymore even though they are still in productive years. This is clearly a very influential time for financial planning.

-period income-earning Why productive years is very valuable, because time is productive time where we can still work and collect the assets of investment through the sweat of our work. Generally in Indonesia using a minimum benchmark until the age of 55 years even though we know there are still many people who work until very advanced age until age 70 even though the basic annual diverse motivations. Granted we consider productive years from the age of 23 years which means we've got 32 years to fight for our retirement. Do not waste this wasted time because if we did not design it with the best, then certainly we will regret it on our own retirement. Financial planning will help you get through this period with a glorious and ultimately achieve a happy retirement.

Remember the age we never know, if we retire the same assumption with our productive years then we'll live to 80 years. Enough pension funds and investment assets we finance our lives until that age. Financial planning will ensure thorough that you will not suffer economically in the future, especially in your retirement years.

Behold the diligent work and investment in your youth, Stay spirit!

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Does Strange Inheritance Planning Talking About?

Planning-heir Often we feel taboo to talk about inheritance or legacy planning, especially if the heir was still alive and looks in good shape. Well look is a little unusual things about inheritance is discussed in families, especially the east Asian nation, where a child's future as the beneficiary is not appropriate and feasible to ask for its share at the time his father was still alive but his father who gave it, which in turn many heads of households that lull inheritance planning issues. Thank God this family's gratitude kids all get along and understand each other, but if not .... Well you read only in newspapers is not unusual for newspapers that eventually kill each other brothers and sisters fighting for murder because of this inheritance. Pardon deh god forbid .... Is not it very embarrassing.

Therefore, if you are a householder, think wisely the problems mentioned above. Hopefully you are one of the head of household with a dependent wife and biological children are legitimate and that too remains a problem that must be considered early on so that does not happen in the future quarrels between biological children are. Of course, the problem will become complex if many parties you want to inherit.

Many families in Indonesia to enter the family category "YES PAP" yes aka papi, papi yes, what what what what department papi papi, so the wife and children all rely heavily on the father. Obviously if something happens to the father, would not be the same condition with the landlord chicks look ... .. the fact that the landlord was the father himself was not her mother because Ibupun follow and depend 100% what the father and all kind of father who should be thinking about and decided. Well this is why my father rightfully referred to as Head of Household. Well who should not have been more powerful, but we need to realize that they have become one in a legitimate marriage and shared sense of responsibility to understand each deserves to think about succession issues forward so that the final destination of the family is reached. Do not let the husband's death, because wife housewife who rely heavily on the husband, then eventually even istrinyapun not know where the money saved and invested in a property or if there is where and on whose behalf .... And so on. Wong ... usually just stay way .... All right now ... nah who had been invited to talk ....'ve Not exist anymore .... Binguuuunng ....! Hopefully it does not state gini seironis.

In conclusion do not let you add to the confusion and problems of other problems for those you leave behind when you are facing the Creator. Never had principles that were left by people's business .... Well okay, but try really wise to reduce the conflict-a conflict that may occur. If you had not noticed this same thing you just let the time bomb that could explode at any moment and hurt the people there loved ones. With the preparation or beneficiary of good planning and that does not violate the rules will help a more efficient arrangement of the costs that will arise at a later date due to the transfer of property inheritance, among others, are also well on inheritance tax.

If you do not have a will, you can think of to make it, do not hesitate to discuss and get advise from professionals associated with problems such as financial planners and family parties are very highly related, such as lawyers, notaries, accountants, and tax consultant. What is clear ultimate goal is to maximize the legacy you can give to the right people, with the correct ways and easier compliance with prevailing regulations and minimize the leaks that can occur.

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