Plan B Non Profit Consulting

Financial planners recommend that you not tired of setting goals before choosing an investment product. That is, if you already have a clear financial plan according to needs and capabilities, please drop the selection on the product that feels comfortable. Well, if the stage is set financial goals you’ve passed through, it’s time to select and buy investment products. Mutual funds can be a choice. Although higher-risk than deposits, but believe the risk could be managed.

Product Type
Mutual fund investing into the container most easily because it can utilize the stock market. Target return on investment through stock mutual funds could reach an average of 18 percent per year. Whereas if you invest in deposit products (through banks), the target investment results less than seven percent per year. More profitable mutual fund with the risks can be managed.

By term, the choice of investing through mutual funds is divided into three categories. Short-term investments could be through mutual funds and money market or time deposits as the product (investment instruments). While the medium term, investing can be done on fixed income mutual funds and mixtures. Long-term mutual fund investment could choose stock instruments. Other product choices on mutual fund investments can be protected mutual fund or mutual fund with sharia.

Not all types of high-risk mutual funds such as stocks. Precisely facilitate mutual investment potential investors, especially for those who have the knowledge, information, and limited funds but want convenience.

Character investors
As an investor, when you buy a mutual fund product, you can monitor product performance through a much publicized fact sheet media. Mutual funds also have the character of liquid funds. You can sell and buy at any time, by looking at the performance of the product. Then withdraw funds from the investment return that product within a certain timeframe (generally three-day withdrawal period).

However, he said again, there is also a type of investors who make regular contributions. That is, investors are routinely added in the long-term investment funds, of course, for specific purposes according to their financial planning. For example, to prepare for retirement 20-30 years into the future. That way, investors can not easily sell the illiquid fund on mutual fund investments, because the goal is to reach the target value of certain investments for future needs.

Institutional fund manager
Funds investing through mutual funds managed by two institutions, investment managers and custodian banks. Once you buy a mutual fund products, through agents or directly from the manager of the investment, the fund will be managed by the two institutions. As an investor, you can monitor product performance of the consolidated net asset value (NAV), which are usually publicized in various media.

If the mutual fund is easy, then what is preventing you invest? After all, the risk can be managed, provided you equip yourself with information and knowledge about investing. Happy investing.

Almost everyone has been faced with difficult decisions about financial, ranging from choosing a car loan to determine the child’s education. If not careful, you could make the wrong decisions detrimental.

Well, here are some things that should be thought through related financial issues:

Car loans
Do not choose the lowest monthly payment car loans with maturities of five years or more. The longer the term of the loan, the greater the amount of interest you pay. The car is a type of asset that has depreciation. The price tends to decline from year to year. Therefore, do not let yourself pay more interest
than is necessary.

Instead, look for a car loan with a loan period of 36 months or less. If the short term to make the monthly payments become too high, you need to buy a car with a cheaper price.

Discounted items
Women are generally most fond of shopping, especially if your favorite department store is being held a sale. But, do not pay for the purchase of discount items using a credit card. Because you could end up paying a higher amount than the purchase price, because the rate charged by credit card greater than the discount given.

Instead, pay groceries using cash or debit card. If forced to use a credit card, be sure to pay off the purchases when the bills arrive. If the item is discounted does not matter one bit, do not buy it at all.

Child education
Every parent would expect the best education for their child. However, do not push yourself to register the child to school or private university super expensive, if financial conditions do not allow. Do not let the problems of education to make you and your family are stuck in debt, and ignore other needs that are not less important.

We suggest, plan for the future of baby by creating an education savings account or insurance early education. Thus, you will not be too stressful to think of education costs in the future.

Many novice investors who feel stuck with their investment choices, and then blame the other party because of his choice to invest. According to financial planners Ligwina Hananto, the most common mistake is to potential investors choose to purchase products, enter in it, and puzzled by his choice.

Determining the initial goal when investing with financial planning (financial planning). Create a financial plan with the couple, who shared duties with a role to monitor whether financial planning goes well. By having good financial planning, this means you have a clear purpose, including for investment.

If you are a mutual fund investment options, financial planning firm and clear in the beginning would be very helpful. Mutual funds are liquid. You can save or withdraw at any time. Well, this simplicity can be confusing if you are not disciplined investment using funds that are invested in mutual funds.

“Investment depends on its purpose. If the purpose of investing with mutual funds for education expenses S1 prepare children for 18 years into the future, to get the target of USD 750 million, do not dilute your money up to 18 years ahead,” asserted Ligwina.

The discipline needed to be more wise use of investment funds, mutual funds, in this case. Return to the original purpose as outlined in the financial planning will largely determine the success of these investments.

Well, if the financial plan has been clearly established, it will be easier for you to determine the choice of investment products. You will not be trouble when the investment portfolio will set up later. Represents a stage in the investment portfolio (mutual fund) to determine how your investment funds will be used later. This will affect the investment target in the future, including the results that you’ll enjoy with the right portfolio according to your needs and your abilities.

If you’re still confused how do financial planning, whether short, medium or long term, whichever is most appropriate for you, many sources of knowledge you can use, through a variety of workshops or talk show on financial planning, or books.

With this knowledge you do not have to pay the services of financial planners to control how far you run a good investment or not. The advantage with using the services of financial planners, you can get a recommendation of investment product choices, including a portfolio based on experience in preparing these financial practitioners.

Whatever your choice, you should first identify the needs, capabilities, and your current financial condition, and set a goal before the origin of select investment products.

Many said that to become an entrepreneur (entrepreneur), someone should start a business before it stopped working. This is probably good advice, but not necessarily easy to put into practice.

When one becomes a permanent employee in the company, certainly did not have much time to take care of business. However, if leave their permanent jobs, he must build his business up to a certain scale in order to finance the first of daily life. Then, what is the solution?

To be sure, if you are in this position, you certainly do not want your boss to know that you do other work outside the office work. If he knows, you might be labeled as employees who are not dedicated. So, the most important thing is for the first time, finish your job in the office before doing business. This can actually motivate you to finish the job in order to immediately take care of business. This also means that you can not do your business while in office. Moreover, today many office computers are supervised office management.

Now, if in the future you plan to leave work and raise your business, here are the steps that can be done, according to the suggestions Deborah A Bailey, author of “Think Like an Entrepreneur: Transforming Your Career and Taking Charge of Your Life.”

Select a date each month

On that day you must work full to raise your business. When choosing the time, you have to be realistic. Make sure that the day was the day the appropriate, convenient, and perhaps for you to do business.

Check your expenses

Calculate how much to raise the funds needed for the business and you need each month. If you no longer work, see if there are sufficient funds to cover these expenditures. If not, then you must calculate how much longer you should still be an employee.

Starting pay card bill

Make a target to pay off all your credit card bills. Plan also funds for business.

Ready to work independently If your business is done at home, so be prepared to work alone, without co-workers. Therefore, build up your network to get support from many quarters before you leave work.

Create a business plan

Define your business mission and philosophy, is also the reason why you do it. The reason that you do not want to work on others is not enough to build a business, then convince yourself about the business you want to enter.
What if you do not want to leave your job? That is, you want to run both simultaneously? Here are the steps that can be done to balance it.

Create constraints

Your business clients may be asked for more, but you should still put your regular job. Discipline at the time and tell your clients when you work in an office and when taking care of business. Surely you do not want your energy being spent on taking care of business every home from work because it can make your stamina at work tomorrow to be reduced.

Be careful to use social media

Be careful to promote your product or expertise in social networks like Facebook and Twitter. Because, the company could track your activities in cyberspace. If you do business with your company’s business done, obviously this could increasingly jeopardize your position in the office.

Do not be wasteful

With the additional income from the business does not mean you are so wasteful. Saving larger or use for business development purposes, not for purposes of self satisfaction or for fun.

Situation certain emergency combined with a lack of savings in the bank, can force someone to borrow some money from the lender company. If someday you need to borrow money, make sure to borrow only when absolutely necessary.

However, if not careful and observant in borrowing, you could be caught in a winding-never-ending debt. Therefore, make sure to pay attention to a number of these tips wisely in order to borrow:

1. Borrow money only when you really need it. Be sure to borrow money according to capacity and you are sure to return it. If the loan is not intended for investment purposes, it is worth borrowing limit under your capacity to pay.

2. Make sure you check carefully and thoroughly every loan document, and understand all the matter of payment. If you can, avoid the payment period is too long. Therefore, it will only make you have to pay more money.

3. Make sure you also have a payment plan carefully before applying for loans. In addition, also take time to consider interest rates and various other costs.

4. Before signing any documents, make sure you understand all the terms of the agreement. Do not also sign a blank document.

5. Try not to borrow funds from a corporate lender, to pay other debts. Talk to the lender company if you are having difficulty meeting payments as agreed.

Most couples would want the presence of children in the family. But having a child requires careful financial planning, according to the priority needs of the child since the plan.

Ligwina Hananto, financial planner, insisted it was time for prospective parents to make financial planning when deciding to have a child. This awareness needs to be built since the beginning, even better if prepared or discussed before marriage.

Financial planning for children should begin during pregnancy, followed by preparation for childbirth, until the child’s future education. It would be better if the costs for this child must have been prepared since the beginning of the calculation for the long term, not an emotional decision.
Early Pregnancy
Begin to prepare the cost of pregnancy with financial planning well in advance of pregnancy. By planning the cost of pregnancy, you and your partner can better prepare pregnancies, including health content.
Before entering the period of pregnancy, you and your spouse must have a medical examination. Moreover, if two couples, including couples who have children after the age of difficult marriages on one or two years. You certainly need a more comprehensive reproductive health checks again.
Needs that you and your partner during pregnancy need of them went to the doctor at least once a month, an ultrasound (at least once a month), and vitamins. Outside the health factor, as part of your family and husband are also undergoing a tradition like Thanksgiving, and this activity requires the cost of course. Not to mention preparing for maternity clothes, pregnancy exercise as a supporter of mental readiness and health of expectant mothers, as well as a variety of needs information on pregnancy from books or magazines.
Early delivery
Dana will always increase as the birth rate of inflation. That is, when preparing for the birth of funds, couples need to take into account inflation. Luckily for working couples who gets financing or delivery of your husband’s place of work. If the office does not provide funds for their employees giving birth, you and your husband need to account for any expenditure with detail.
Even after giving birth is still no other necessary costs. For example shower, a pediatrician, immunization, sitter services, diapers, vitamins, and baby food.
Enough savings in the bank meets all these needs? If not, time to think about investing. Before dropping the investment options, make a priority of financial planning as needed. Communicate with your partner to determine the priority of the family. If felt necessary, consult your family financial problems or partner with the experts.

If referring to the eight types of money or cultural archetype in ourselves when faced with financial, you can answer will do with your money. Of course each individual can have more than one of these eight types. But how the trend, the money for pleasure, designing the future, or sacrifice like helping others?

Tom Martin Charles Ifle, Mentor Coach who is also practicing hypnotherapy, mention of the Money Coaching workshop last week, most participants wanted to use his money as a form of social contribution.

Training to participants who reach 30 this people (mostly couples and business owners), found that 80 percent of participants chose the social contributions in the use of money. As many as 20 percent using the money for the future of family planning (including education of children), while the remaining 10 percent to finance education in general.

The desire to help others as a form of social contributions, in money archetype, it can be said as well as a form of sacrifice or the realization of ideas with a clear target.

If, as a sacrifice alone, the tendency of people with this type can not be saved. But if you use the money for social discipline and money management plan, the contribution requirement can be met without sacrificing yourself.

“Other people tend to rely on the martyr was to borrow money. The danger again, this type did not dare or even lazy to collect the receivables. Other negative effects, because there are too many to feed, another person who helped to be spoiled and not productive,” explained Tom told Compass Female , describes the type who likes to make sacrifices without thinking realistically.

While other types, can still be wiser with social contributions but also has a clear target for the future. This type is more calculative in the calculation of income and expenditure. They also have self-confidence and success in financial trouble.

“This type is very healthy with a clear orientation toward the target makes it financially successful,” added Tom.

So, may be contributing but still need a calculation done, not merely to become a martyr for someone else, or even for yourself.

Time went by so fast, do not feel the next day had entered the new year. Have you made new years resolutions? Does that include your financial life in 2011? If not, maybe you should try to answer honestly the following questions:

1. Is every month you monitor how your spending?
2. Do you pay your full credit card?
3. Have you set aside some funds for retirement?

If you answered “No” to three questions above, it’s time you fix about personal finance and getting ready to face the year 2010 with a new resolution.

Vice President of Corporate Affairs Head, Citibank, Sonitha Purnomo said the first step to better manage your finances is to evaluate your current financial position, namely with re-register assets (what you have) and how much debt you have. Better ways to manage finances is used to make the budget where you can monitor income and expenditure.

Did you know that, according to Financial Intelligence Survey (Financial Quotient), only about 29% of people who adhere to a monthly budget that they create, while 82% only at the stage trying to create and follow a budget.

To trim the start of financial management and once you know the current financial position, then it is advisable to determine the goals and how to achieve your financial goals.
Sonitha proposed goals and Financial Plan which the SMART ie Specific, Measurable, Attainable, Realistic and Tangible.

Small capital business could be profitable without the risk of large and produce 6 million per week, that was what I had read in one of these ads in the internet. This paper is not entirely ad but a question posed on Yahoo Answers, and answered by many people while offering a small capital businesses such large profits in question.
If just a small capital and large profit and no risk again, so business is very much like this will also be done by people who have big capital, because of their large capital could also contrived or broken up into small capital. So the competition will be very sharp, very sharp competition rarely people who get great results again, except this guy has a tremendous added value, other than the other.
Typically, small capital business that can make a nice profit must be accompanied by effort, or if in MLM should have lots of referrals (member), where capital money is not much smaller but necessary alias energy and commitment of capital and capital trying to be brave enough capital to great that many sales occur in groups or business network and of course those who have a large network that has very likely get a big profit.
As an online business in the field of advertising, for example Google Adsense. Capital money was small, but the effort and creativity and time necessary to issue a must in order to look great in it. Average capital for a website will be approximately $ 15 to $ 20 per year. But if you only have one website or some free websites will still need another capital, perhaps to buy traffic to increase website visitors, advertising on ppc (pay-per-Clik), purchased or make articles, etc., so that capital is not small anymore. If all the little capital, such as free websites, an attempt to win small Google, traffic is too little capital, then the overall result will be small.

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 each individual is able to properly manage earnings, “said Safir.
1. Review your investments
Begin to review the investments already made, already okay or not correct. 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 many people will spend money to buy goods or services needs.
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.