A simple system to plan and project your monthly expenses to keep yourself out of the red. Little computing knowledge required - designed to be easily compared with your bank statement on a regular basis. Great for the self-employed as well.
Why is it that the word "Budget" seems to create such fear in so many people? It's as if using one will take all the fun out of life because it's some sort of draconian money management scheme that ties up all your money. Fortunately setting up a personal budget is not that complicated and if done correctly it can free up money to the point that it looks like you are getting a raise.
If you've thought about making a household budget but have reservations or just haven't taken the plunge there is no better time then now. The first thing to do is understand that it isn't all that complicated. All a budget is is a listing of expenses and income. It really is that simple. You don't need the latest book, spreadsheet, or budgeting software to get started all you need is a notebook and pencil.
Once you have you pencil and paper ready go back through all your bills for the past three months. It is also helpful to have your checkbook register handy because on your sheet of paper you are going to write down by expense how much you spent. Add up each expense and then divide by 3, which is the amount of months you have gone back. This will give you a monthly average for each expense. Add up all the expenses and write this down at the bottom of the page.
Now on a separate piece of paper write down all your monthly income. Include income from regular jobs, part time jobs, investment income, or any other income you might have coming in each month. Add that up and write it down at the bottom of the page.
Now's the time when most people look at the income and the expenses and a huge gasp of disbelief leaves their lips because they are spending more money then they are making. If this is you look at that number closely and then use that budget of what you have been spending to create a budget for the next month of what you will be spending. This is what a personal budget is, a spending plan that tells your money what to do and where to go.
Look back over your expenses and start finding things you've been spending money on that just doesn't make sense. How often do you eat out? Trips to Starbucks? This is the time to stop the bleeding and recoup all that money that just seems to disappear every month because you don't want to wake up one day and wonder why you don't have any money for the future.
Here's the crux of the budgeting process. You have a snapshot of where your money has been going based on the expenses you have written down. Now instead of looking at the past let's translate these expenses to the upcoming month. If you write down all your expenses for the upcoming month and allocate funds for these upcoming expenses you have won half the battle. This ensures that your bills are paid and every dollar you will have coming in has already been told what to do before the month even begins.
One last word about setting up a personal budget. Be patient, the first couple of months you do it it will not work out quite as you had planned. It will take some tweaking to get the process down but by the third month you should start to get the hang of it and before long you will have control of your financial future.
If you seriously want to take back control of your money you need to build a Personal Budget. To learn more about creating a budget please visit the website Household Budgets by clicking here.
Trading The Plan is a powerful instrument to help you achieve control over your financial destiny. It equips you with the tools you need to maximize your profits, control your risks, and, perhaps most importantly, develop a money management program that will limit your losses. In the course of reading this remarkable book, you'll grow to regard author Robert Deel as a trusted advisor who gives you tough, straightforward advice and helps you implement the changes you need to make. And, unlike the "one-size-fits-all" approach of other advisors, Deel shows you how to tailor a strategy that fits your specific needs, goals, and risk tolerance.
Drawing on years of experience as an investment advisor, Deel has packed this book with both detailed practical advice and hard-won wisdom about how trading, investing, and human nature really work. Emphasizing the danger of unchecked losses, he makes the case that a strong money management program is absolutely essential to acquiring and keeping wealth. He examines the many faces of risk and thoroughly explores the key money management questions:
To help you establish your own money management system, Deel provides a simple but powerful formula â??the Direction Discipline Risk Leverage equation â??which examines your trading ability and helps you control risks.
In his invaluable "15 Rules of Investology," based on 40 years of trading results by professional and private investors, Deel offers trading and investing guidelines that will spare the reader wealth-draining losses and many sleepless nights. Here is concise, practical information on how to use fundamental and technical analyses to select and screen trades, determine market trends and trading cycles, categorize different types of stocks, and select the computer equipment you need to trade successfully.
In a brilliant summary of all the key features of the trading plan, Deel walks you through the entire trading and investing process from beginning to end. This "Anatomy of a Trade" illustrates all the important decision points in an actual trade and offers a hands-on application of the trading plan to a working example.
For all futures, stock, and options traders, Trading the Plan is an essential field guide for acquiring â??and keeping â??profits.
Maximize profits, control risks, and limit losses with this total plan for investing and trading
Like no other book of its kind, Trading the Plan gives the individual trader in futures, stocks, and options a superb resource for investing, managing money, and limiting the profit-draining losses that can lead to financial disaster.
"Robert Deel offers traders and investors alike a solid overview of real world trading advice. The subject matter covers everything from the psychology of trading to practical money management techniques. Trading the Plan: Build Wealth, Manage Money, Control Risk is a definite must read for any serious investor." â??David C. Stendahl, President, The OEX Trader, Inc.
Price: $70.00
The HAI 30A Heavy-Duty Load Control 220V Switch is an HAI Lighting Control (HLC) that offers remote control and an energy management of loads up to 240VAC. While it will work on standard 110VAC loads, this switch is designed to address energy consumption of high wattage devices such as a water heater, pool pump, baseboard heater, fountains, ventilator, humidifier or dehumidifier. It can be controlled locally by using the built in decora-style rocker switch or by linking it with a switch or controller using a UPB powerline signal. Envision being able to schedule times for your pool pump to run or being able to turn it On or Off at the touch of a button. Imagine having the ability to shut off your water heater from a keypad on your way out the door or remotely while you are on vacation. Your air conditioner, pool pump and water heater all operate on higher voltage, requiring vast amounts of energy to operate.The HAI 30A Heavy-Duty Load Control 220V Switch lets you efficiently control the use of heavy duty appliances and take a step towards saving energy and cutting down on utility costs.Important Note: This product is designed for indoor use only; it is noted rated for outdoor installations.Price:
