Beliefs why your mind prevents you from being a millionaire

The way in is programmed to think about money has a direct relation of the use that you make with your income. Do not wait long to get rid of those negative thoughts. As we tell, you about this field of interdisciplinary study that seeks to explain the way in which human beings make decisions. In other words, it elaborates theories on how we process multiple alternatives and select a course of action.

ind prevents you from being a millionaire

It seems a little complex, but by its name, it is inferred that its study is about economic behavior to better understand the function of the brain. For this reason, investigates this vital organ to examine and complement theoretical models about economic behavior. This was just an appetizer because we will continue talking about it another time on this topic. Continue reading “Beliefs why your mind prevents you from being a millionaire”

When do you get out of an investment?

An investment is like a plant, to get a little sentimental. We must sow it, let it grow and see how it begins to bear fruit. However, what if those fruits are left too long in the tree? Well someone will come and take them, make cakes and sweets and you will not see a single weight of it. The fruit may fall off the tree and be lost on the ground. You will not want to spend the same with your money.

investment

Investment can be an art and in fact, many of the ‘King Midas’ market are constantly talking about the subject. For Warren Buffet, the millionaire many investors are still in the market, those who are beginning to understand the issue must diversify have multiple products to offset risk exposure within the market. We better not are entangled do not put all the eggs in the same basket says the most popular board on the subject. Continue reading “When do you get out of an investment?”

Tips to earn extra money

Usually, most people feel and believe that their salary is unfair with respect to the abilities they have and their undergraduate or graduate degrees. They consider that because of their good potential they deserve a better remuneration. In addition, yes many times it is true wages are not enough to cover obligations and save at the same time as one can find offers for professionals of $ 1,500,000 that equals a lease fee.

Tips to earn extra money

Hence, fashion is nowadays becoming entrepreneurial which can also become a problem because of the acceleration of having something of its managing its own time things may not turn out. After two Years or less, everything goes bankrupt, with you in debt and with nothing. Continue reading “Tips to earn extra money”

Simple ideas to start savings

How many times so far this year has, you said this fortnight I am starting to save. The lack of incentives is because you do not have a clear objective. The authors of the book “Dear Money” leave you here some tips and dynamics to fill the piggy. Remember that the money you collect could pay for your next vacation a course or the hitch of a car. Insurance is an investment that can help you mitigate the loss of your car in the event of theft. Time is also a resource you should value do you want to lose doing the warrant?

Simple ideas to start savings

Most of the businesses have different forms of payment, from credit cards, debit cards, Paypal and deposit in convenience stores. The fourth edition of the Hot Sale, the campaign of offers and discounts for the Internet that will be made from May 29 to June 2, is making an extra effort to overcome the myths that still have to deal with e-commerce or e-commerce in Mexico. Continue reading “Simple ideas to start savings”

Financial gifts that mom will love

An anti-wrinkle cream perfume or earrings could make a smile to your mother this May 10. But how would you like to take care of her and indulge her differently? Yes giving you protection and financial freedom. During pregnancy and the first months of childcare women interrupt their work or academic activities for long periods. As they devote most of their strength and resources to the upbringing and education of their children.

Financial gifts

It is time to give them back some of what they have done for you. With these financial gifts you will prolong the celebration of mothers all year and more. A credit card will help you to cope with emergency expenses or to finance a trip, make payments for services or do some remodeling of the home, for example. Continue reading “Financial gifts that mom will love”

Mom’s Financial Tips You Should Never Forget

Moms are the economic axis and the most important mentors when it comes to managing, spending and saving money. Therefore, Principal Financial Mexico prepared a list of the four most important financial councils that they teach their children and that you should never forget:

Mom's Financial Tips You Should Never Forget

Money does not grow on trees

Remember that Mom did not always buy everything you wanted or asked, do you know why Because she knew how much she could spend and in what. Having a vision of your personal finances will allow you to control your expenses wisely and have financial priorities. To help you, you can use the saving formula: Income Savings Expense, so start saving and define your monthly expenses. Continue reading “Mom’s Financial Tips You Should Never Forget”

How to achieve economic success?

When in 2004, Juan Diego Gomez, a renowned financial youtuber and best selling book author founded the “Better Invest channel; only 100 people a day saw his videos. Now this figure is over 70,000. In addition videos have more than 60 million views and the channel has 553,000 subscribers.

economic success

Gomez’s career, before venturing as youtuber, was already successful. This Antioquian, born in Medellin, studied administration. Finance in Eafit, was a broker in the Stock Exchange, served as planning manager of professor of universities such as Antioquia or the Bolivarian Pontifical, among others, and even columnist of Newspapers such as El Colombian and La Republican. Continue reading “How to achieve economic success?”

Everything you need to know about insurance

Have you considered what would happen to your money if you bankrupt the financial institution where you have it saved? However, it is best to be cautious. Yes, it is very difficult to have a financial bankruptcy. We are not immune to crises and sometime could happen either through mismanagement because the financial situation the country is going through a bad time. That’s why it’s important to be clear on how you can protect your savings or investments and what you can do in any given case.

insurance

But do not worry, you will not have to allocate another part of your income to pay for insurance that will back your money. To that end, a state entity was assigned the task of helping to protect its deposits. Fund of Guarantees of Financial Institutions is the financial authority attached to the Ministry of Finance and Public Credit that is part of The Security Network of the Colombian Financial System. This entity aims to protect the savings of citizens deposited in different financial institutions. Continue reading “Everything you need to know about insurance”

How to use your networks to find work

New graduates should remember that no matter what job you choose today, you would develop skills and create long-term options.

Do not worry about your first job

Graduates, take note: Few people start their working life in the right place, so do not stress about your first job when you leave college, chances are you will not predict your future career, income or career path.

networks to find work

Instead of looking for the perfect job, look for these three things:

  1. Opportunities to learn whatever job you take, you must acquire new skills and experience.
  2. Enough money you do not have to be a banker. Watering is perfectly respectable if it gives you the time and flexibility to do what matters.
  3. Possibilities to contribute everyone want to have a sense of purpose. Find a position that allows you to be a force for good. If you cannot find a job that fits perfectly, do volunteer work in your spare time in the meantime.

Deliberate, large-scale reach is the only sure path to victory when it comes to using your networks as part of a job search and finding new opportunities.

To find a job

The best way to find a job is through your networks. However, do not limit your reach to close friends and current co-workers. Try to reach people beyond your immediate circle.

Here are three steps to do it:

  1. Define your network in broader terms. You have more contacts than you think. Consider classmates, colleagues, old customers and acquaintances of the community. When you make a contact, ask to introduce yourself to others.
  2. Take conversations as learning opportunities. Discuss meetings as conversations, not interviews. Ask about more jobs.

 

What are the Millennials financial challenges?

This generation, which is becoming the largest economic force, directly faces the challenges of the new millennium economy. How are millennials being prepared? Millennials or Generation Y, as they are also known, is those who became adults or are young adults at the beginning of the new millennium. They have experienced the effects of economic crises such as 2008 or the fall in oil prices have different consumption habits and financial education.

financial challenges

Unlike Generation X, those born after 1965 and until the mid-1980s, and baby boomers, born between 1946 and 1965, millennials are digital natives. For them the management of technology is a natural behavior in their lives, they spend more time on the internet than watching television. Continue reading “What are the Millennials financial challenges?”