Monday, March 14, 2011

Detox Your Finances!

According to various surveys around the world, 52% of women find it stressful to deal with money matters. Well, dealing with money can be a mind boggling challenge. Especially when you are juggling between work, the kids and hubby. Try our quick tips for a week and see if it helps you organize and save your spendings!

Quick Tips:

1) Save your receipts and note every payment.

2) To fill in your “Money Statement of Position”, list down your assets (what you own). Include their purchase price and today’s value.

3) List all your Liabilities (what you owe). This includes money you owe on credit or store cards.

4) Subtract what you owe from what you own. Now you can see more clearly if your in the clear or you need to cut back!

Get more tips in The Weekly's Bonus 6 page Money Special to organize your finances today from the March 2011 Issue (Page 129)

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