Touch is the hardest thing to maintain, when it comes to matters of money. Here are some tips from experts in financial etiquette on the best way to deal with difficult situations. In a restaurant, your friends suggest dividing the cost of food evenly, but your meal costs less. Spread the account evenly is probably the best way to handle this situation if you are dealing with people with whom you do not have frequent contact. The same thing happens if you have regular lunches with friends and the price of your food is usually almost the same as theirs. You do not want to be the person who is taking out the calculator. It is okay to ask your waiter for a separate bill before lunch if you often go out to eat with people who tend to order more expensive foods and drinks. In fact, your table companions will appreciate being able to ask for everything they want without feeling like an imposition.
You are asked to contribute to a group gift in the office, but you do not get along with that person. You are not under any obligation to participate or explain your reasons for declining the request. The organizer should not press him. Talk to your trusted colleagues if requests for money in the office become overwhelming. Most likely, they feel the same way. In that case, you might suggest modifying the practice instead of eliminating it. Such as holding an office party once a year instead of buying a gift or going out to lunch every time a classmate has a special occasion.
Continue reading “Tips on financial etiquette”
The Hacienda has a habit of imposing penalties automatically, only because a taxpayer has not correctly declared the taxes to which he was bound. Did you know that the Treasury is obliged to prove the guilt of the taxpayer? That the fact of having economic means and expert advice does not make you guilty. The majority of tax penalties are annulled for these reasons.
This means that no one can be penalized for the mere fact of having committed a tax offense. Treasury always, to sanction, must prove the guilt of the taxpayer. That is, he has acted at least negligently. Recently, the Central Economic-Administrative Court (TEAC) has annulled a tax penalty imposed on a taxpayer, which justified the imposition of the penalty for being a large company. Continue reading “Being a company and having financial resources”
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.
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”
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.
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”
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:
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”
Spending more is not only noticed in expensive watches, a change of luxury clothes or in going to the most expensive restaurant. If you think about those small daily expenses you will realize that little by little. All sums and that is why it does not meet your financial goals. You start to think ‘what’s wrong with that morning red? Why take away the urge to go to the machine for a snack in the afternoon?
Those ‘ant expenses’ are deteriorating your pocket. Think of that red that is worth at least $ 800 or $ 1,000. If you take two a day, we are talking about maximum $ 2,000 a day. That is, $ 10,000 a week just to take into account from Monday to Friday. If we add, all of the year is $ 540,000. In addition, we are adding in addition neither the $ 200 chewing gum of each red nor the $ 1,400 of soda, nor the daily empanada of $ 1,800. Continue reading “The expenses that you must eliminate”
By making clear, the differences between the two systems you can begin to list the misconceptions that people have in common. When anyone is asked about the pension issue the youngest or who are starting their work life they say they do not know or know very little about the regulations. Their rights or duties with respect to the General Pension System, which lends itself to making mistakes and misinterpretations that, can lead to making wrong decisions.
Having cleared the differences between RAI and RPM, we can then talk about the most common mistakes when thinking about the pension issue: Expense, not an expense is an investment. Unfortunately, people are not aware that the pension is a good investment option not only for old age. Also to protect them from all those circumstances that could affect them as a state of invalidity or even death, leaving the family unprotected. Continue reading “The mistakes about your income for a peaceful future”
A financial advisor is a person who, whether working independently or as part of a company, provides help on various issues related to finance and personal economics. Among other topics, they often work on issues such as investment selection, retirement planning or estate planning. At first glance, it might be thought that working with financial advisers is a necessity for people who do not have the knowledge or time to personally take care of these issues. However, this is not necessarily the case.
On the contrary, many of the great personalities of the world of the economy and the financial markets hire the services of these advisers. In the same vein, Bill Gross is popularly known as “The King of the Bonds” thanks to his extensive record of accomplishment of success as an asset manager for decades in the fixed income market. However, Gross receives financial advice from Morgan Stanley. Continue reading “What are the benefits of working with a financial adviser?”