We will go through 12 steps which will just take 5 minute of your time to help you become a financial tension free man and who ill be able to earn more than his wife can spend.
Step #1: Set financial goals – Speak to your family and involve them in your financial decisions. Children should not consider you as an ATM machine.
Step #2: Track every penny you spend. Make use of promo codes, promotional offers etc. as every penny saved is money earned. like shop on Wednesday at Big Bazaar when things are comparatively cheaper due to poor foot falls.
Step #3: Develop a budget: Let your wife plan the expenses and write every thing in the diary. Writing helps to control expenses.
Step #4: Review your bills (and ask for discounts): You may find that your telephone company is giving cheaper call rate to new subscribers and you might be getting billed at higher old rates.
Step #5: Optimize your accounts: Choose the best bank which gives the highest interest rate on your savings deposits. No use sticking to your old fashioned bank as being loyal is good to your wife.
Step #6: Start an emergency fund: May be you can open a separate bank account for this purpose and do not touch it unless any emergency emerges.
Step #7: Get out of debt: Pay off the higher interest loans like car loans or credit card spends.
Step #8: Fund your retirement: May be you can consider having another bank account for this purpose and put a portion of saving in it or you can go for a retirement fund.
Step #9: Automate your finances: Make sure that you have enough passive streams of income to help automate your finances.
Step #10: Earn extra money like going in for stock market trading with a stock market expert to help you achieve your financial dreams and goals.
Step #11: Learn the Art of Conscious Spending ; Avoid frugal and spontaneous spending habits.
Step #12: Educate yourself : make it a daily routine.
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
