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4 Steps to Achieving Financial Intelligence

Successful people usually have good financial acumen. They are able to manage money so that assets continue to grow, and even up on stage financially independent. What does he mean?

Such circles are no longer expend energy and mind to make money, but the money has been working for the “master”, ie the people who are independent. The question is, whether you are financially independent?

Generate a productive
Financial intelligence is “best practice” at least covering various aspects. First, how to make money in a productive way. What does he mean? We all are working for sure make money. But the problem is, whether the way we earn money is earning? In a sense it is equivalent to the time, thought, and effort devoted to the money generated? Not necessarily.

Listen to complaints around us. Most employees are always thinking of getting a pay rise constantly. Thought due to salary increases constantly, working to be distracted. Or even further, the output given to the company’s decline. In turn can decrease the performance of companies that may have an impact on the company’s inability to pay wages properly.

People who are financially savvy, should understand that the source of income is derived from salaries and bonuses, if the concerned employee / wati. So to be able to get more salary or income, would not want to give a greater output to the company so that the company’s performance is also increased.

In other words, in order to earn money that is equivalent to the time, effort, and thought given, effectively doing the work activities, which gave effect to increase the performance of the company. That means working with high quality, not just the number of hours worked or a higher quantity.

Protecting money
Second, how to protect the money that has been earned. There is a term “easy come, easy go”. Money obtained easily, it would be easy anyway endless. But, even worse, there are people who have great difficulty to get money, but on the other hand is very easy to spend or spend it. Even then be “bigger pegs, rather than pole”.

So how to protect the money that has been earned, regardless of whether it is easy or difficult to obtain. Not much formula to protect the money, because the key is in the behavior of the owner of the money. If someone is able to control the management of their money, then the money is automatically protected. That’s the basic principle.

However, the intelligence of course there are also surefire ways to protect money, in this sense is to protect the value of money. If you currently have money of Rp 100 million, where much money can you buy a piece of land for example. So if you hold the money remains in the form of cash, it is not necessarily in the next year you can buy a piece of land which currently costs the equivalent of USD 100 million. In other words, the value of money has decreased. Thus, to protect it from decline in value, so the money should be exchanged with other objects that could even increase its value.

Like the example above, if you buy a piece of land measuring 100 meters with a value of USD 100 million, then in the next year, when you need cash, then you can sell the land back and the price is certainly higher than Rp 100 million. Call it, for example, USD 110 million. That means the value of Rp 100 million, is equivalent to USD 110 million in the next year. CONCLUSIONS carefully saving money in cash, because its value will be different each year. Or in other words, you must hedge against the money that you have.

Managing the budget
Was once able to provide protection against money or money you earn, then the problem is complete? Obviously not. Check again if your financial activities are able to meet all three rules, namely, managing a financial budget effectively. What does he mean? How much of your income is spent on financing consumer behavior, for example. So how much of your income to be saved. Or are you planning based on consumer financing or simply exhausted, follow instinct.

To be classified as people who have a financial intelligence, then every cent of money spent should be based on a need, and has been previously budgeted. Everything is well planned and executed, and then be evaluated where the deviation. How large is the deviation and then want to fix the financial behavior undertaken. If you are able to manage your finances that way, then chances are you towards financial independence is not making it up.

Fourth, how to better use that money to make money. If you are able to invest and then the results of that investment has been able to finance the needs of your routine, where your investment can be obtained on an ongoing basis, then you are in the category of financial savvy and a step toward financial independence.

So how concrete form? Simple. Calculate how much it costs your routine needs, and then count how many of your assets. After that, allocate your assets into productive assets that could provide income. In this case, you do not need to seek maximum profit, but the results are lasting. In that way, it means that your money is working for you. And you will fall into the so-called financial independence. That is the meaning of financial intelligence.

Bumi Plc Debt Up 59.13%

Bumi Plc eventually publish financial statements in 2012, after being delayed a few months. In its report, the parent company of PT Bumi Resources Tbk (BUMI) and PT Berau Coal Energy Tbk (BRAU) recorded an increase in net loss of Rp2, 290 billion.

In a statement issued by the company, Bumi Plc notes the company’s debt rose USD191 million or 59.13 percent of USD323 million in 2011 to USD514 million in 2012.

The total liabilities and equity of the company fell $ 2, 367 billion or 31 percent of the $ 7, 508 billion to USD5, 141 billion. The company recorded a liability of $ 3, 182 billion, and the company’s equity was recorded at USD1, 959 billion.

While the company’s total assets decreased by USD2 participate, 367 billion or 31.33 percent of the $ 7, 508 billion to USD5, 141 billion. The fixed assets of the company, amounting to USD1, 584 billion and fixed assets of USD3, 557 billion.

The capital expenditure (capex / capex) company in 2012 amounted to USD 125 million, an increase of USD24 million of capex the company in 2011 amounted to rise to $ 101 million.

For your information the company’s revenue in 2012 increased by USD124 million, up 8.81 percent to USD1, 531 billion from USD1, 407 billion. The Company also recorded an increase in loss per share of $ 1, 76 to USD9, 64 per share.

Tips to avoid wasteful, while shopping

Often the women do waste time shopping. Moreover, if there is a discount or no new models gorgeous dress in a shop window. After I got home, the new regretted spending money on unnecessary items (do not be ashamed to admit this, almost all women have experienced).

Do not want to waste your money and regret buying unnecessary items? The following tips will save you and savings.

2 Create a Savings Account

If you only have one account at a bank, for example, contains the money of Rp 50 million, then you tend to think, “Well I’m still a lot of money, if shopping is not what it was,” Do not you often wonder if the savings do not increase (even drastically reduced) due regard saving much.

Compare if the account you normally wear for daily life and shopping is only charged USD 10 million, then you will think, “My money just so, must be smart to keep spending.

Therefore, according to Trizki Lutfi, a financial expert, quoted by Reuters, it is better if you make two savings accounts. One account for operational funds (funds each month to live) and one for savings accounts. After receiving a salary, which will direct how you separate the tubes and how much you spend.

Thus, as a swipe at the ATM operational account, you will only see the operational money, and saving your money untouched.

Need or Want?

Women often tempted to view discounted items. Actually, that stuff is not needed, but because ‘discounts mumpung again’, the goods are purchased. Frequent ya .. the women will regret it after I got home. But this habit is often repeated.

To fix this, try to ask yourself:

“I really need this item or just want it?”

Think, how much interest the thing for your life. If the answer is just like, leave immediately. If the answer is needed, said again this question:

“Do I need to at this time, or can it wait?”

If the goods can be postponed purchases, there’s nothing wrong postponed. Delay could be two or three months down the price of the object, especially electronic goods.

It was her little tips from us that you are not extravagant, no savings were safe and no longer regret having bought the goods that are not needed.

Salaries in order to not "fail" in the middle of the month

Approaching the middle of the month, usually people start complaining salary is up. If it is so, other complaints that come their salary is too small so it is not enough to meet the needs of your month.

So whether if you have a big salary, you can then save and provide for you? Keep in mind that when you increase monthly income, then expenses will also be increased. Instead of blaming a small salary, it’s good to see how you manage your monthly finances.

1. Creating a realistic budget
In the principles of financial management, financial planning is a must do. Instead, you create a spending plan before receiving a salary. So when the salary is at hand, you can directly execute the plan that has been prepared. Try to start with your expenditure to record back to back for three months. That way you can know which items should be saved or eliminated altogether.

For example, after a review of three months back, it turns out you more spending money to entertain themselves, such as watching movies, karaoke, and tasting food at an expensive restaurant. Entertainment post is actually not important-very important, so do not have to be done once a week. Even so, you also do not have to eliminate it entirely. You just need to control and reduce the frequency, for example, so once a month. The point is, you have to be realistic when you want to shop, so as not to reduce the post should not be.

Besides planning, you should also have a journal to record your expenses in one month. Record all goods and services purchased in detail, include a nominal purchase, time of purchase, and where you buy it. Compare your financial plan with actual expenditures. Is it at par, or even excess?

2. Priority needs
What is your financial priority every month? Of course you need to pay all the bills, right? Like for example, transportation costs, monthly expenditures, electricity, water, or pay the mortgage. Routine expenditures are included in the priority can be referred to as short-term needs or basic needs. Meanwhile, expenditures that are secondary and tertiary as a vacation every weekend, buying branded items or gadgets.

Secondary and tertiary expenditure is to be saved. Even if it interrupt the primary needs, you can eliminate it in the list of monthly financial planning. In order not to be going nowhere and your financial management experience strongly positive, do not always think about the short-term needs. Set targets to achieve long-term goals. For example, adding a savings of USD 50 million in one year.

3. Prepare unexpected costs
In financial planning, you should also prepare for unexpected expenses or reserve fund in case of emergency you can take. This reserve fund separate from your day-to-day savings, or the savings that you can take at any time. As well as saving money, reserve funds must also be prepared with full commitment. For example, you have used 50 percent of the reserve fund to pay for the cost of inpatient care for sick family members, then you must restore the balance of the reserve fund as before.

Another way that you can do to prepare for unexpected expenses is to have insurance. Health insurance, education insurance, term life insurance is up to financial products that you can choose for your reserve fund. By having insurance means that you are already aware of how important it is to anticipate any unexpected incidents in the future.

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5 Signs Your Financial Health

Arguably that our financial activities-whether it’s credit card debt, monthly expenses, rental home, or the home-loan bill can not be separated from our lives. Therefore, do not be surprised if the large amount of debt or financial condition we will directly affect the lives of emotional, physical, and spiritual.

Imagine when half of your income should you contribute back to the bank to pay credit card debt each month. It is a sign that you are driven by money (or debt). Income is no longer a sign that you are independent, but rather a source of stress for most should be used to pay off the debt.

“Women need to build a healthy and honest relationship with money,” says financial expert Suze Orman. “We also need to look at this relationship as a reflection of our relationship with ourselves.”

It is important to maintain that our financial condition remains healthy. Suze Orman says, there are at least five things that indicate that your finances are healthy enough:

1. You realize the “money personality” you. It can be seen from your family background, whether your parents invest in property, have a bank account that sets low interest, mutual funds, or even those in debt? Habits and use the money you save, how to invest, argued about money, and how the financial perspective, partly shaped by the way you treat your parents money while you are still young. Your money personality directly affect your relationship with money, and the more you are aware of this, the more you do not depend on money.

2. You dare to take financial risks. Financial risk-taking does not always mean you dare to invest USD 100 million in new business of a friend, or a hobby shop with your credit card until your bill reached hundreds of millions of dollars. Financial risk could also be classified as a smart move, for example if you buy a house as an investment, or looking for ways to earn money from your hobby.

3. You have savings, investments, or credit card account itself. Many women who want to leave their husbands, but could not because they do not have their own income to finance their lives. If you have a bank account in its own, it already indicates that you are financially independent woman.

4. You have financial goals individually or in pairs. Your goal as a married couple, usually are able to pay the bills in a matter of many years. Your goal as a working woman is to increase the income to be several million dollars a month. While the husband may also have their own goals, but in relation to investment. As a woman who has the freedom to manage earnings, you should also set goals that are separate from your spouse.

5. You understand fundamental financial problems. Call it the health insurance, pensions, interest, income taxes, and so forth. The more you master financial problems, the more independent you become, because you know what you should do with your money.

Banking shares Two Layers Ready Up

JCI amid weak 0.76% yesterday, shares of two-tier banks such as OCBC NISP Tbk (NISP), Bukopin (BBKP), and Bank Panin (PNBN) even recorded a high enough profit.

Some second-tier banks that increase are: Bank OCBC NISP Tbk (NISP) + 7.14% or Rp 100 to Rp 1,500, Bank Civil Society (SDRA) + Rp 30 or 5.17% to Rp 610, Bank Pan Indonesia (PNBN ) + Rp 20 or 2.32% to Rp 880, Bank Jabar Banten (BJBR) + Rp 20 or 1.61% to Rp 1260, Bank of Victoria (BVIC) + $ 2, or 1.55%, to Rp 131, Bank Economic (BAEK) up to Rp 10 or 0.71% at USD 1,400. While the highest growth recorded a rise Bukopin Rp 60 or 8%, to Rp 810.

BBKP a target stock broker divestiture related issues. Brokers hunting for bargains because there are issues of a tender offer at a price range of Rp 1,200. Bukopin shares changing hands reaching 200,957 lots or 100.5 million shares, compared to most other banks. The frequency of transactions also Bukopin Most reach 1576 times.

Even buying interest that is reflected from the queue pair bought last sale BBKP reflects that buying interest is still at 115,157 lots, a lot more than just selling as many pairs of 74,435 lots.

Meanwhile, blue chip banks even depressed. Bank Mandiri (BMRI) depressed Rp 150 or Rp 154% in 9550; Bank BRI fell Rp 150 or 1.71% at Rp 8,600, Bank BNI (BBNI) fell Rp 25 or 0.52% at USD 4700, Bank Danamon (BDMN ) fell Rp 150 or Rp 2.38% in 6150.

Want Unsecured Debt? Loan Solution!

Generally debt certainly asked guarantee. But now there are products Loan (KTA). As the name implies, these loans do not require collateral or collateral. So if you borrow money in the bank is usually a home warranty certificate, decree, or other reg. But for this KTA product does not require any of that.

Another term unsecured loan is a personal loan. The loan amount that can be raised to USD 200 million. For flowers vary from 1 percent to 2.3 percent per month. Ease, given flowers are flat (fixed).

These credits can be filed by civil servants, employees, entrepreneurs, and others. Unsecured loan can be used for home renovation, additional capital, education fees, wedding expenses, medical expenses or other needs.

Loans without collateral it has some advantages. Here are some advantages of this KTA.

-Without a guarantee.

-The process is quick.
Approximately 7 to 14 working days.

-Terms relatively easy.
Usually only need copy of ID card, tax ID, paycheck and savings accounts three months. Some banks only require identification card and credit card.

To select a suitable unsecured loan, follow some of these tips.

1. Choose the lowest rate. You compare some unsecured loan product that you seek. And select the low interest rates offered. The lower the interest rate, the better for you.

2. Choose a trusted bank. Choose a reputable bank and operates long. This is to ensure that your credit will not have problems later on.

3. Learn the cost. Ask clearly and in detail what fees are attached to products such loans without collateral. Costs typically appear as administrative costs or fees.

Product unsecured loan, which is having second thoughts Loan Mandiri. This product is issued by Bank Mandiri. Special, in addition to certainly without collateral, this product also has a credit limit up to USD 200 million and the insurance.