Tag: 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.

money · Money Monday

Money Monday via Raw Multimedia – Get Paid, Save, Save, and then Spend

Rik4 Comments

Welcome Broke People and Ballers to another #MoneyMonday,

#moneymonday image
#Money Monday via Raw Multimedia

(Peep beta image for #MoneyMonday)

Don’t take any offense to me calling you Broke People, because as soon as you dont have any money, what do you tell everyone? “Homie, I am broke” or “Man, I can’t buy nothing today” or “Are noodles on sell today? or everyday?” Well as people we all go through these bad times and patches, but with tips from #MoneyMonday you will be able to always handle you money well, (just like your liquor, well hopefully).

Today’s Topics is: Get Paid, Save, Save, and then Spend.  If you stick to this rule, you should always be laced with stashes of side money.  I tell everyone to adapt this rule, because you never know when that rainy day comes along, and also when saving for different events or occasions in life, you will NEVER have to tap into your bills/expense funds.  Digging into bills money is a no no.  Remember to also pay your bills on time, or call and arrange a time frame or period they will get paid, trust me, your credit report depends and is based of this.

So Get Paid, Save Money, Save some More money, whether it is $5 each week for different purposes, say $5 goes here, another $5 goes here, another $5 over yonder, and then the rest goes for bills and expenses.  If you are BALLER BALLER, then surely you can throw in more than $5.  But for everyone else, $5 should be the minimum each week at least.

Well Thanks for tuning into another dose of #MoneyMonday

Remember to “Always Get Your Money Right”


The Smart Cheap Money Man
Richardo Wilson

SEE YOU NEXT WEEK…

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