|
Have you thought about your finances this year? After the Great Recession many people are much more cautious about their financial situation and would like to have more money to set aside. Certainly, the instability of the recession made many of us think about personal economics a lot harder. Did you start asking yourself the “What if?” question more often? “What if I can’t pay the usual bills?”, “What if I get laid off”?, or “What if I am unexpectedly faced with a costly emergency?” One of the lessons learned from the recession should be that no matter how well you are doing now don’t forget to plan for the worst. Constantly be working on a safety net. Commit to weaving your safety net one strand at a time in 2010 with these 4 easy ways to do better financially. 1. Create a financial plan - identify your costs and then budget for them.
2. Reduce costs without sacrificing quality or lifestyle – learn to get 25% more.
3. Become an expert - the most fun way to weave a financial safety net!
4. Reduce or eliminate your federal tax liability - turn your expertise into a small business.
For more information visit BowmansMoneyCollege. You are invited to join me at LinkedIn! |
Is Fair Isaac Being Fair With You?
The secrets of getting the best deals
|
Key: Actively directing your money in
the way you want it to go and more will find its way back to you. 
Key: There are many new ways to stretch
your dollar further than ever before. 
Key: Developing your interest or hobby
is not only fun but can be a financially sound idea in 2010. 
Key: Your skills and ideas can be
leveraged into tax savings through small business ownership even if you
are an employee and have no formal business training.