FINANCIAL FREEDOM

You may decide to make investments to increase your property value. From the number of possessions you have, you may have some idle money can you invest. From the financial budget, you may also have approximately USD 500 thousand per month that can be invested.

The problem is, you probably know how to calculate the benefits of investing. Many people who invest, but do not know how to calculate the profits he had got.

To find out, you need to learn about the concept of interest (interest). The concept of interest, often referred to as the concept of return on investment (return). Both have the same principle.

Let us take an example, let’s say at this point you have funds amounting to Rp 1 million. You go to the bank, to meet its service customers, and express your intention. He said that the bank will impose an interest rate of 12 percent per year if you open a deposit on it.

Now, we will calculate how much interest you’ll get at the end of the year, and how the balance of your investment if you let alone rotates investment for ten years. For that, there are several options of interest:

1. Simple interest (simple interest)
2. Flowers, with flowers (compound interest)

Blooming flowers can be divided again. Namely:
* Flower Flower Annual (yearly compound interest)
* Flower Flower Monthly (monthly compound interest)
* Flower Flower Daily (daily compound interest)

I’ll show how to calculate for each of the interest system. Like it or not, I think it would be very important if you know it.

You have experienced confusion in the pay of groceries? Is the way of cash, or by using credit cards? Which is the most convenient way?

When shopping in traditional markets, traders generally only accept cash. However, when shopping in supermarkets, you have the option to pay by credit card.

Option to pay cash or use credit cards was not only limited to when you are shopping for their household needs. Many other places also accept credit cards, such as a restaurant or bookstore.

To find out how to choose the appropriate means of payment, then this article shows the pros and cons will be paid by cash or credit card, and how the advice or solution.

Why should a Debit Card?

Then with what you have to pay for your shopping deals? Cash or credit card?

Actually, credit cards have many advantages if you can use a credit card is the right way. That is, if you can pay off the bills are paid each time the bill comes. But in practice, most people can not control the use of their credit cards.

That’s why I advise you to use Debit Cards. Debit cards (also known as Debit Card) is a payment card transactions in which you make payments directly deducted from your account at the bank. So like paying in cash, without the need to carry much cash. With Debit Card, you will shop according to the amount of money you have in your bank account. And you can not spend beyond that amount.

The Importance of Having All

However, it actually would be better if you have all three. The first is that you must have the cash in the house that you will use to pay purposes emergent that can only be paid with cash. The second is that you must have a Debit Card. This is the card you use to pay for transactions you do.

While the third you should have a Credit Card. After all, Credit Card needed to anticipate the unexpected. Maybe there will be a day where you have to go out at night and had to make a payment transaction, but it only accepts Credit Cards. So your credit card here is not to be used frequently, but only for backup only.

Remember once again that the use of credit cards that are not appropriate (not paid on time) can get you stuck in a debt balance increasingly large unnecessary.

When you shop with cash, then there are many advantages that can you can. For example, your money in the wallet is USD 200 thousand. People will not spend more than the amount of money in the wallet. The reason is simple, people do not want to run out of money in the wallet. So, you’re going to shop in such a way that does not exceed USD 200 thousand.

” That’s why we often hear people say: “I do not want to take a lot of money in the wallet, because otherwise it would have been I spend.”

So what do you do when running out of money in the wallet? You’ll go take the money at an ATM. A total of USD 200 thousand more, for example. After that, you will keep taking money at an ATM every time out.

At a certain point, you will feel that all too often trips to the ATM. ” You then decide: “Okay, this time I took a bit much. Not Rp 200 thousand, but even USD 500 or USD 750 thousand.”

The problem now, you have very much money in your wallet. What happens if you lose your wallet is stolen or robbed? If so, you can not carry all the money in the wallet. Some of the money in the store at home. But it was the same as an ATM. Once the money in the wallet out, you’ll take more money at home. Yet, rather than the money placed in the house, better put it in your bank account that will provide flowers.

So in fact, paying with cash will not make you spend more than the amount of cash you have. But if you cash in the wallet out, you have to go back and return to the ATM. If you get cash in large amounts, then you will risk the risk of theft.