Saving for Emergencies

Anticipating the impact of the global financial crisis, consumers in Asia Pacific is now more intensified her savings. Consumers really prepare yourself for the tough times and emergencies in the future.

As stated in the MasterCard survey compiled in the index of consumer spending priorities (MasterCard Worldwide Index of Consumer Purchasing Priorities). The survey was released in Singapore.

MasterCard survey conducted every year to find savings and spending behavior of consumers and their spending during the next 12 months. The resulting index is the result of a survey of 6019 consumers in 14 countries and was held on September 1 to 29, 2008.

In the survey also revealed, consumers will save 11 percent to 20 percent of their income. Consumers also said, saving money is important or very important, especially for those who income below 10,000 dollars per year.

Indonesia and the Philippines (each 97 percent), Malaysia (93 percent) and India (92 percent) had the highest percentage in the number of consumers are saving money was important or very important. The Chinese had the lowest percentage (77 percent), followed by Singapore (79 percent), and South Korea (81 percent).

Saving money just in case is the most often mentioned consumers in the Asia Pacific, which reached 66 percent. This most often mentioned reason consumers in Thailand (81 percent).

"The number of saving considerations in case illustrates the perception of consumers in the Asia Pacific region against economic uncertainty," said Yuwa Hendrick-Wong, economic adviser to MasterCard Asia Pacific.

1:15 PM | 0 komentar | Read More

Using Financial Services Planner, Should

Are you able to take control of your money? Are you able to arrange financing so that salary or income that could have all the needs and requirements sufficient? Can you understand all the investment instruments that need to be entered? Whether you can understand that dibutuhi insurance policy? Whether you can work on and manage your tax obligations more effectively? Whether you can prepare for retirement with a careful and thorough? Is Andamengetahui what needs to be done in preparing a legacy for the heirs with fair and joy, and to avoid disputes in the future?

If the answer is "No" from the questions above, then means you need a Financial Planner (FP). FP A professional will be able to help and serve you in doing the work and financial planning And, so many of your financial goals more easily achieved.

A FP will help you in the following:
1. Arrange and organize and manage cash flow (Cash Flow Management).
2. Build and has a net worth of more productive (Net Worth Management).
3. Choosing and buying insurance products that effectively and efficiently, according to the needs and current capabilities.
4. Investing in multiple investment instruments, which are relatively safe and optimal, in accordance with the character of risk and your financial goals.
5. Designing and enjoying retirement of your dreams, independent, and prosperous.
6. Develop and design heritage more wisely and fairly, in accordance with the wishes of your self.

Like a doctor, a FP will help you to get well and healthy from the threat of financial disease (consumerism and konsumtifisme), and make you as being free and independent in finance. But remember, the process is not instant. Achieving financial goals requires a process and time.

Anyone who needs to FP?
All the people who need help and services in arranging and planning their finances, for a variety of future goals can be achieved.

What is his fee?
Ranging between $ 250 thousand to Rp 2.5 million per hour for financial consulting; Rp 1.5 million - USD $ 3 million for the unit packets Financial Plan, and Rp 5 million - USD 50 million for the Comprehensive Financial Plan.

How to choose an FP?
FP is divided into 2 major groups, namely independent (only the service to clients and not inherent in a financial company) and dependent (embedded in a financial services institutions such as banks or insurance). We have already formed IFPC (Independent Financial Planner Club) to help you distinguish the FP.

1:13 PM | 1 komentar | Read More

Utilizing Appetite for Money Adding

Financial problems arise because most people desire to win more than needs. That is, the desire to meet the tastes, such as handbags or shoes have a model that became a favorite, trigger higher spending. Habits of appetite in the early pay-do not necessarily make money left. Though many needs that must be met early, for example debt repayments.

By making the expenditure priorities (see Tricks Without Spending a salary of Guilt), a common financial problems can be resolved. It takes consistency and discipline to change habits.

If you are able to change habits, you will be able to satisfy all tastes that never has limits, without sacrificing other mandatory requirements. Or conversely, you do not need to sacrifice the desire to meet all tastes because they have to meet priority needs.

Financial planners, Ahmad Gozali, said taste to which every person can be a motivation to increase income. That is, make the taste or the desire to explore the potential and increase revenue.

"Appetite is boundless, while salaries have a limit. In the short term, the taste must be defeated by following the salary restrictions. But in the long run, you can follow taste, by encouraging self-potential that can still be developed to supplement their income.

Gozali convey, in fact you can meet the tastes with the current income, regardless of the amount. But the desire to meet the tastes that continue to emerge without limits can be met, provided you try harder to improve ourselves.

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Make Financial Planning Before Investing

By having good financial planning, it means you have a clear purpose, including for investment.

If you are a mutual fund investment options, financial planning firm and clear in the beginning will be very helpful. Mutual funds are liquid. You can save or withdraw at any time. Well, this convenience can mess up if you are not disciplined investment using funds invested in mutual funds.

"Investment depends on its purpose. If the purpose of investing with mutual funds for education expenses S1 prepare children for 18 years, to get the target of USD 750 million, so do not melt your money up to 18 years," said Ligwina.

It takes discipline to be more wise use of investment funds, in this mutual fund. Return to the original purpose stated in the financial planning will largely determine the success of these investments.

Well, if the financial plan has been clearly established, it will be easier for you to determine the choice of investment products. You will not be difficult when the future will develop an investment portfolio. Is a stage in the investment portfolio (mutual funds) to determine how your investment funds will be used later. This will affect future investment targets, including the results that you'll enjoy with the right portfolio according to your needs and your abilities.

If you're still confused how do financial planning, whether short, medium or long term, whichever is most appropriate for you, many sources of knowledge you can use, through a variety of workshops or talk about financial planning, or books.

With this knowledge you do not have to pay for the services of financial planners to control the extent of your investment running well or not. The advantage with using the services of financial planners, you can get a recommendation of investment products including a portfolio based on experience in preparing these financial practitioners.

Whatever your choice, you should first identify the needs, abilities, and your current financial condition, and set a goal before the origin of select investment products.

1:11 PM | 1 komentar | Read More

Securing Finance in the Crisis

Planning for retirement funds into other requirements you must meet. The goal is that you can still live comfortably during a crisis or when no longer productive to make money.

Science plan and manage these finances can be obtained in many ways. Following the seminar, workshop, looking for references from the books, and various articles to be some way. You can read the book Managing Your Wealth or through the website at www.MYWealth.co.id containing various stages of financial planning in its relevance to the age and needs.

What is learned?
* Begin to understand how to control your money, such as making financial decisions carefully to choose the adviser or financial planner right.

* Next, how to develop your money by investing. Begin to learn to recognize risks and find the most appropriate strategy for you, as well as selecting investment products that can optimize your money.

* Knowledge of the understanding and use of credit you also need to have in order not easy to get caught up in credit card debt.

* Financial planning is also needed for families, including children. For example, children's education savings.

* Setting up the pension fund becomes an important requirement. Approximately 24 percent of Indonesia has yet to start retirement plans (research Citi Indonesia). The good news, 38 percent have started saving, but do not know the needs of pension funds, and 26 percent have had good planning for retirement funds. You belonged to which?

* If a healthy financial condition, you can bequeath assets you have with the right to survival of the next generation. You certainly want your children to live in peace right? Even the science of managing legacy fund can you learn.

An understanding of financial planning will not produce results if not implemented with a strong commitment. Self-discipline is the key to your success to get a more healthy financial condition.

1:10 PM | 1 komentar | Read More

Ending Financial Lies

Financial problems often becomes a source of conflict. This often led to the destruction of relationships, including marital relationship. The cause is not only because of differences in income (higher-income wives), or lifestyle of the peg than the pole. Pair lied about the use of money into a dangerous form of infidelity.

According to a survey from Harris Interactive, one of three people have been duped of their partner about money. While one in four people said that their partner has been hiding financial information from them. Financial infidelity like these that have the potential to destroy the relationship, even interfere with couples sexual adventures.

Dayana Yochim, author of The Motley Fool's Guide to Couples & Cash: How to Handle Money with Your Honey stressed financial deception couples relationship bodes ill.

"The issue is not only because of their monetary value. Problem is talking about power, autonomy, fears, hopes, personal values, and beliefs," says Yochim.

Financial deceit can not be seen as anything trivial. For large-scale example of credit card debt that exploded. Or lie to your partner, that you buy the goods preferred by 75 per cent discount when you buy it with full price. Increasingly complex financial hoax issue if in the end you could not solve it alone. Especially when it comes to the other party the aggrieved. The couple also would not want to become involved and take responsibility, if you do not want to get involved greater financial trouble again. This is where the money ultimately destructive relationship conflict.

So as not to get caught up in this unpleasant situation, you should begin to honestly and openly, how:

"If you currently are conducting financial victimization, immediately confessed. Tell me frankly and with great regret. Understand state couples who feel betrayed by it," said psychotherapist Bonnie Eaker Weil, PhD, who is also the author of Financial Infidelity: Seven Steps to Conquering the # 1 Relationship Wrecker.

Financial independence need to be addressed from the outset. Express to your partner that you need to have a financially independent life. Separate special savings account for you. You can do financial planning for yourself. For example, for pension funds, investment, or the other, with your income.

1:08 PM | 0 komentar | Read More