Expenses A – What Are They And What Can We Do About Them

Written by Henry Tanaka

It is crucial as an individual who is striving for financial freedom to be able to recognizerepparttar different type of expenses in our lives. It is a proven theory that it is easier to cut your expense than trying to earn more income. In order to maximize profits, a manager will try to minimize expenses before trying to gain more revenue. And we can learn from that. By recognizing our expenses and ways to handle them, we will be able to create more revenue in our lives. This article will help you to do that.

According to Rockefeller diagram,repparttar 150692 following ten expenses arerepparttar 150693 different types of expenses that exist in our lives. Be aware that certain individuals might have more expenses in their lives. In order for us to achieve financial freedom, always bear in mind that our main goal is to minimize our expenses.

Kindly spend some time reading throughrepparttar 150694 different type of expenses. (Remember them if you have to)

1. Giving 2. Self 3. Taxes 4. Shelter 5. Household 6. Auto 7. Fun & Entertainment 8. Insurance 9. Debt 10. Business expenditures

In this article, I am going to talk aboutrepparttar 150695 first five expenses and in my next article I will talk aboutrepparttar 150696 next five.

Expense Category #1: Giving

Most people do not consider this as an expense. Some will even completely eliminate this and not have anything to do with it. Inrepparttar 150697 bible, Christians are encouraged to allocate ten percent of their income as a tiding. Most successful people actually allocate ten percent of their income to benefit others. If you were to think about it, it is making sense! We have to agree that there is some “force” providing blessing of money for all of us. If that “force” were to choose who should he/she providesrepparttar 150698 money to,repparttar 150699 “force” would rather providerepparttar 150700 money to people that are generous. Beside, there is no point in being a rich scourge.

Expense Category #2: Self

Bear in mind that successful people save a part of their income first and live on what is left over. If we practice that, it will make a huge difference inrepparttar 150701 way we handle our money. By saving a part of our income first (try to save at least 10% every month), we will be more careful onrepparttar 150702 way we spend our money. With a proper budgeting system, eventually you will be able to save enough to invest your money to make more money.

Rational Momentum Traders .... Identify Explosive Stocks to Trade ... Day Trader Tips & Tactics

Written by ChatHotStocks.com

Inrepparttar stock market it's not unsual to see a stock go up more than 15% in less than 5 minutes on a good momentum day. It could seem that making money inrepparttar 150664 market is just a matter of buying one of those fast moving stocks and riding them for profits. In a way it is.

The problem is, that if you don't know what stocks to look for and how to properly approach them and simply leave everyting to luck, you could end up wasting money instead of making your profits grow.

That's whyrepparttar 150665 most important aspect of momentum trading isrepparttar 150666 knowledge FILTER you employ to make your buy and sell decisions.

There are many "fantastic" stock systems and trading strategies outhere, but you need to test them in order to discover which ones help yourepparttar 150667 most. That's part of your homework as a stocktrader. Test, test and test again.

Complicated stock trading strategies that rely on a "boat load" of technical analysis indicators can make you slow, and being slow when trading hot momentum stocks can be as dangerous as not knowing what to do inrepparttar 150668 first place.

Cont'd on page 2 ==>
ImproveHomeLife.com © 2005
Terms of Use