Money Management

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The BlackProsperity Road Map:


Growth-change your Thinking/Habits/Confront your Fears.

Self Education- Knowledge is the key to successful wealth building.

Educate-Yourself to maximize your talent.

Career Planning-Plan the Career that is right for you. Discovering Your talents.

Money Management-Learn How to control your money.

Smart Banking-utilizing the full services of your bank.

Credit-Learn how to use it to your advantage and stay out of debt.

Investments-Learn about them to gain some money back.

Real Estate-A good start in investing.

Entrepreneurship-Owning your own business is it for you ?

Retirement- Don't be fooled what you do with your money dictates what kind of life style you are going to live. Weather it's Good, Bad Or Ugly

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"don't hate the player; hate the game? Don't hate neither one of them it is time to learn the rules" 

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Managing your money is to acquire the skills and the will to learn how to manage your money wisely. First you develop knowledge then understanding then wisdom, after this then you will have the courage to act. From taking care of your basic needs to purchasing your wants it all starts with managing your money. Knowing where it is going and where it is coming from. Remember it is difficult to live a $100,000 live style on a $15,000 salary.

Money management rules of thumb: Like most things in life it depends on a person choices and desires in what kind of life style they choose, there are many ways to manage money but there are also foundation principles that will keep you there.
  Calculate your income here are some useful calculators that will help you look at your finances from different angles.
Pay Your Self First: Your income is divided already before you get it Taxes, Bills, You. 10% to15% for every dollar you make 0.10to0.15 of every dollar should be saved.60% goes toward your living expenses rent mortgage gas etc... 15% for emergencies. 15% for fun.
Make Your Money Grow: By utilize all tools and resources that you can get there are ways to make your money grow over time through earning interest. Weather it is trough a bank, mutual funds, bonds, stocks real-estate.
Enjoying the fruit of your labor: Your major Goals should be have enough money to retire on to retirement is to be able to have enough income to take care of the lifestyle that you live today up 20 or more years after you stop working. Then also have enough assets, to live to your children to give them the foundation that you have laid this is the start of general wealth.

>>>>>Money Management Continued

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" There are Two Things That Speaks Louder Than Words, Action And Money; HOW LOUD ARE YOU" 

      c.w.hurd

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The information presented on blackprosperity.net should not be construed to be formal legal or financial advice, please obtain advice or services from a license attorney or financial planner or other professional concerning financial matters.