Tuesday, 8 May 2012

WAYS OF IMPROVING YOUR FINANCE Here are few of many ways that you may use to help you better your financial situation. 1 . START SAVING; saving is an important part of financial planning, as it offers you a cushion against unexpected expenses. register saving account offered by banks that pay you interest for your saving. 2.DO A BUDGET; draw up budget of all activities you are intending to do in certain calendar. categories items starting from essential ones eg food bills(water, electricity) also inlude charges such as taxes an rates. please emmergency account this will help you not rush for emmergency loans which as high interest. 3.REGISTER WITH PENSION SCEME AND INSURANCE COVER; join into pension sceme and stárt contribute towards it. in most countries government servants are registered into start pension plan for example in kenya National Social Security Fund (NSSF). insurance covers are highly recomended for individual, we are living in the world were many accident do occur. we should be in position to deal with it. take medical assuarance cover for your health, also cover for your property. 4.REPAY YOUR DEBT; your debt should be paid on the agreed amount and time. avoid facing the court order ordering for sale of your property. understand the terms and condition contain in your loan agreement, for you to avoid paying for infringing on terms of the loan.