John Doe October 13, at 4: I am currently a host employee with the Outback Steakhouse on 71st street in Tulsa, Oklahoma.
I will get crazy if I monitor my expenses," said Billy. I bought a lot of things in a day, how can you expect me to write them all?
You buy a lot of things that maybe some are not needed. Wealth-building is not zero effort. This is my discussion with one of my high school friend when he asked me to help him make a financial plan.
He works as an IT consultant in Singapore and his net income is above P, when converted to our currency. Despite having no other mouth to feed he is singlehis credit card debts are huge that I want to slap him a thousand times just to wake up and do something about his lavish lifestyle.
Like my friend, they update their Facebook status every minute and yet they find it very difficult to jot down the items that they bought. Monitoring expenses is a very powerful tool in managing expenses and wealth as a whole. Below are the advantages of monitoring expenses: It will help you to identify your needs which will be your starting point in making a budget plan.
It will make you identify items that are not needed so you can cut them back in your spending. It will make you think twice of buying expensive things.
It will help you to reduce your urge to buy since it is troublesome to write it. It will make you stick to your budget so you can save money for investment. Honestly, monitoring expenses is a little tiresome in the beginning. However, as time goes by, it became a habit for me that I automatically do it.
This is a little effort but you can reap the rewards as your wealth grow 2.
Keep those receipts and record it as soon as you have time. Almost all people have mobile phones, some are even using smartphones. Guess what, you can record your expenses in the notepad of your cellphones.
This will make your recording real time and will prevent you from missing any items. If you have internet connection, the best is to use google spreadsheet. Since it is available online, you can update your expenses table anytime and anywhere for as long as there is internet.
Take note that my mom used only the back of free calendars to write her monthly expenses. Review it every month. Do this so you can evaluate your spending activities and will remind you to stop buying nonsense items and to stick to your plan to get rich. Older Posts Disclaimer The assumptions used in review and analysis of stocks, funds and etc.
All investors are advised to conduct their own independent research before making a purchase decision. Important Announcement Please be informed that Investment Philippines is a blog created to educate people of the Philippines to learn how to invest by providing information, tips and articles for free.
We are not soliciting money from anyone.Aug 25, · In an unexpected and interesting move, Burger King is in talks to buy Canadian coffee-and-doughnut chain Tim Horton's Inc., a merger that would . Get an unrestricted access to all the blog and those extraodinary functions that can help your business grow in a continuously changing industry.
A product recall is a request from a manufacturer to return a product after the discovery of safety issues or product defects that might endanger the consumer or put the maker/seller at risk of legal action.. The recall is an effort to limit ruination of the corporate image and limit liability for corporate negligence, which can cause significant legal costs.
If you plan on buying into a franchise you will simply have to go by the guide lines of the franchise. They will have everything mapped out to the way they want you to run your business.
It will generally be a proven plan that has worked in the past. But if you plan on starting a burger business from scratch it is up to you to come up with the theme or style of your business.
Greenpeace will never stop fighting for a greener, healthier world for our oceans, forests, food, climate, and democracy—no matter what forces stand in our way.
Grow Your Business at Entrepreneur LIVE! Join us on Nov. 16 in Brooklyn, NY, to learn from legends like Danica Patrick and Maria Sharapova, pitch our editors, meet with investors, and potentially.