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 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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