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7 Proven Steps to Fix your Personal Finances That you Can Implement Right Now

October 13, 2011 by  
Filed under Personal Finance

Fixing your personal finances is not rocket science. You can do it if you apply some commitment and are prepared to stick to the plan. Imagine how your world could open up if you were debt free. Imagine all the options. Quit your job, work fewer hours, have more holidays or just help others.

The proven methods listed below will work for you if you are determined to succeed and implement them in your own circumstances.

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Money Pros And Cons – Personal Finance Basics

October 11, 2011 by  
Filed under Personal Finance

Money Pros and Cons - Personal Finance Basics

Is money good or is it bad? Depending how you view it, cash can a good thing but it can be a bad thing as well. Money is good because it creates the opportunity for the exact lifestyle you want. It can fund your dreams such as going on vacation or could allow the chance for an early retirement. Cash creates the chance to have a family, live in the neighborhood you want and allows to you to do anything you desire. Proper money management is the simplest way to understand personal finance basics.

Money can be negative or a bad thing if you live for it. By slaving away at a job that you don't like to earn cash can make it bad. Money misguides many of Americans to become workaholics and pay little attention to their loved ones.

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Managing your Personal Finance can be very simple

October 10, 2011 by  
Filed under Personal Finance

Easy ways of Managing your Personal Finance.

 

First, you need to separate your income from your expenditure.

 

Income would include salary and any regular inflows from investments while expenditure covers all monthly expenses. Expenses can be categorized into –

 

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Personal Finance Management Portfolio Management Investment Management

October 9, 2011 by  
Filed under Personal Finance

Easy Life® Professional is a personal finance software to manage family finances.  Easy Life® helps you in comprehensive financial management for your entire family and covers all major investment avenues in India.  You can organize and manage your investment portfolio using Easy Life® covering the following:

-          Share / Stock Management: Manage share applications, share transactions, options, stock split and bonus shares.  Download live quote values from NSE / BSE for real time portfolio management.
-          Personal Accounting: Enter all transactions related to Income, expenses, borrowed loans, non-life insurance payments.  Track and analyze income and expenses over a period.
-          Comprehensive Investment Management covering Real Estate and other assets: Store details of all your real assets including land, building, precious metals, jewellery, electronic and other consumer durables.   Apart from stocks, manage all other financial investments covering mutual funds, fixed deposits, post office savings, life insurance and pension plans.
-          Reports and Reminders: Update stock prices and mutual fund NAV, to update your stock and mutual fund investment portfolio.  You can also enter current values for other investments.   Apart from a large number of analytical reports such as Stocks / Mutual Fund Portfolio, Easy Life® gives you reminders for all action items becoming due, such as insurance premiums, maturity of investments, birthdays and anniversaries.
Thus, Easy Life® provides you a real picture of your true Net Worth, reflecting current values of all your investments and loans.  Easy to use, proven software to manage personal finance for Indian investors.

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