shopping tips

Here are tips on smart shopping is simple and can help you develop healthy habits, among others:

1. Reduce the purchase of goods whose value decreases
Spend your money on goods whose value increases. Most people shopping on goods whose value was so used up as, food, clothing, or its value decreases as electronic goods and consumer goods other. As long as you are able to distinguish between wants and needs of the shopping is a reasonable thing to do and go beyond just hungry eyes

2. Little stuff means a lot
Often we do not feel out of money to buy cigarettes, buy a snack or just coffee-coffee. Naturally, if we forget for a small amount and has become a habit. The danger is that a daily habit, we forget that the small amount that if we calculate the number so large a year, too. Obviously the amount will be doubled if more invested.

3. Keep your total installment debt below 30% of salary
The habit of people in general are using nearly 90% of monthly income to finance the household shopping needs. What happens if you have a home loan repayment, car or credit card spend 50% of the revenue? Where you have to meet the needs of the household shopping. You might get a loan here and there to mencover household needs. Therefore if you have debt, keep your total loan repayment amount per month is not more than than 30% of your income, so that the remaining 70% can be used to cover household needs.

4. Credit card is not more money
Credit cards often make us richer than the truth. Limit credit card to make us feel like having more cash. Though the credit card limit is not given for free. Once we use it we must return it, and if you can not afford to pay in full then you will be charged interest. Karean it for everyday spending pay with cash or ATM card or your debit card. Keep your credit card for emergencies, as a quick source of funds but an emergency when cash is not available.

5. Have a reserve fund
Sometimes though people already have a budget, nevertheless penetrated. This is usually because there is no routine expenses or unexpected that is not included in the budget. For example there are relatives to borrow money, giving a birthday gift, a donation of marriage, and others. Usually to pay for this unexpected pengeluran we are forced to take deposits from savings or time deposit or a credit card. If this happens constantly as a result of your investment goals can not be achieved because the funds are always used. Therefore form a reserve fund of at least 2 or 3 times your family spend per month to pay for sudden expenses that are not routine. If your income is not regular or not stable then form a larger reserve fund again. Before you invest for any financial purpose, make sure you have established this reserve funds first.