Category: money

money · Money Monday

Money Monday #2: Track Your Spending and Saving

Rik3 Comments

Welcome everyone to another edition of #Money Monday #MM.

*If you missed last week’s Money Monday here is the link —> Money Monday #1: Early Bird Gets The Worm

Accounting Notes

My Money Monday Tweet:  #mm #moneymonday Track Your Spending and Saving using Basic Accounting Methods and Techniques to know where your money goes. #money. @rawmultimedia

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A lot of people tend to spend money whether cash or credit and don’t account for their money correctly.  Also people tend to claim they are saving but don’t see or measure their actual saving habits.  The best way to measure and account for your money is by tracking and recording its movements.  When I say this I don’t mean you have to go a take an accounting class, (via may be kind of boring to you) but just by creating a template or getting on form from searching google to track your spending and savings, you will know more directly and understand how well you manage you money.  It is best you start doing this from early on and even teach your children if you have any or even a friend so they can practice better management skills.

I have learned by myself how to manage and account for my money at a very young age.  I was doing this at the start of age 12.  I just went a grab a blank notebook, and drew lines stating where the money is coming from, the amount of money, the date I go the money, what did do with the money, where did I spend the money or saved the money, who I gave the money, by just using simple addition and subtract signs, and balancing the total account every transaction.

In today’s economy the flow of money and managing it well is a vital skill to progress in your life.  So start today by creating a method to track your spending and your saving.

It’s Money Monday,
Remember to get your money right.

Richardo

PS: Remember Follow and Friend Me on Twitter and Facebook.

http://www.flickr.com/photos/stilllifepix/2595886698/

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money · Money Monday

Money Monday #1: Early Bird Gets The Worm

Rik3 Comments
Table Setting
Image by Sifu Renka via Flickr

Welcome everyone to a new year and a new edition of #Money Monday #MM.

My Money Monday Tweet:  #mm #moneymonday Show up for your money, remember the early bird gets the worm, or in this case the money.  Be on time & make that #money. @rawmultimedia

http://twitter.com/#!/rawmultimedia/status/21969651479093248

As we all know or should know the old saying “The Early Bird Gets The Worm” we must all aim to get to where ever you got to get to that is important early.  Being on point shows that you take things serious and your job / money is just that.  I don’t care if you work at burger king, your performance is a reflection of you.  So the more prompt you show up to your money, the more you money will be there when you need it.

It’s Money Monday,
Remember to get your money right.

Richardo

PS: Remember Follow and Friend Me on Twitter and Facebook.

blogging · business · money

You Know The Rules: Business Before Pleasure

Rik1 Comment
New York City Hall
Image via Wikipedia

A lot of people forget to follow the key rules in life, today one of the rules is “Business Before Pleasure“.  How this rule applies to this post goes as follows.  As much I would love to blog my heart out, go to Manhattan and sight see and tour about the place (I live in New York City), watch hours and hours of movies and tv shows on Netflix on my Nintendo Wii or even play such fun and exciting video games like Uncharted 2, Need For Speed Hot Pursuit, Fifa 2011, Wwe Smackdown vs Raw 2011, and Call of Duty Black Ops, I got bills to pay today.  Two of my bills are due today and the more time I leave in paying it leaves me at risk of paying late and getting hit with a late payment charge which is a no no in my book, and should be in everyone else’s book.  So me knowing the rules especially Business Before Pleasure, I shall head over to my bill website and make my prompt payment to their company, so we all can be happy.  They getting paid makes them happy, and I know they got paid I am happy, as well as them not obtaining extra funds from me for something careless as a late payment. Thanks to me being responsible and the same people who I am paying are the same ones that allow me to receive such fun games in which I will play after all businesses are cleared up.  Now that is awesome.

Remember everyone, Pay your bills on time.

Thanks for reading
Richardo

PS: Stay tuned to my blog here on wordpress and follow me on twitter in 2011 for my series “MONEY MONDAY” “#MM” in which I give out free tips about business, finances, budgeting and so much more.  I hope you follow along.

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