Financial health

Are you unable to handle bill payments?
Are you averse to making a budget and spending?
Do you make impulsive purchase?
Do you spend more time answering calls from Loan\Credit card Companies?

If you have answered yes to one or more of the above questions, it is an indication
that you need to take a look at your financial health.

Like Physical health, financial health also needs attention.
Take time and make an assessment of your financial health.

How is it as at this movement? Check it now.

Is it OK?. You are lucky. Take a Deep breath and relax.

Is it bad.Become aware of something that you have to handle.

Is it unmanageable? Better spend time right now. Find out exactly where everything stands.


Make a realistic assessment of :

1. Who are the Lenders?
2. How much have you borrowed?
3. When is the due date?
4. Interest rate?
5. Holiday period if any?
6. What is the security for the Loan?
7. What is the balance due as on date?

Some tips on handling Debt you owe:

1.Ascertain the monthly out flows.
2.Find out sources from where they can be met.
3.Arrange collection of monies due to you.
4.Realise other available assets
5.Raise loans at lower rate interest and pay off high cost borrowing.
6.Talk to your lenders and reschedule the payment period.

Some quotes about Money

1. Never ignore your debts.

2. Any saving is worthwhile.

3. Debit card=own money
Credit card= borrowing


More to come.

N.Subramani.

www.consultns.com

Take time

When i set out to write I remember reading a poetry when i was young.
``What is this world full of cares,there is no time to stand and stare......``

We hardly have time for anything and we hurry up everything.

Certain activities demand our time and we have to devote \ spend the required amount of time in order to get the best out of the activity and enjoy life.

Take time

1. To walk slowly.(of course not on a busy road )
   
2. To read a book.
3. To listen.
4. To Relax.
5. To learn a new skill..
6. To learn a new language.
7. To learn cooking.
8. To spend with your family.
9. To Budget your finance.
10. To exercise your body.
11. To think.
12. To read your Credit card statement, Bank statement, Bills etc.,
13. To look at the sky at night.

More to come.

N.Subramani

www.fundurstudy.com

www.smebizplans.com

www.ichinginstitute.com