Fast time passed, did not feel the next day had entered the new year. Have you made New Year’s resolutions? Does that include your financial life in the year 2010? If not, maybe you should try to answer honestly the following questions are:
- Do you monitor each month how much you spend?
- Do you pay your credit card in full?
- Did you already set aside some funds for retirement?
If you answered “No” to question 3 above, it’s time you unpacked about personal finances and prepare for the year 2010 with a new resolution.
Vice President of Corporate Affairs Head of Citibank, said Sonitha Poernomo initial steps to manage finances better is to evaluate your current financial position, namely the re-asset records (whatever you have) and how much debt you have. Good way to manage finances is used to create a budget where you can monitor the income and expenditure.
Did you know that, according to Financial Intelligence Survey (Financial Quotient) from Citi Indonesia, only about 29% of people who follow a monthly budget that they create, while 82% had at this stage of trying to create and follow a budget.
For the start of financial management and tidy up after you know the current financial position, then it is good you set goals and how to achieve your financial goals.
Sonitha express purpose and Financial Plan which the SMART ie Specific, Measurable, Attainable, Realistic and Tangible.