Everyone one I know including myself is cutting back both in business and personal budgets to overcome this dip in the economy. There is nothing wrong on reevaluating the budget here and there to save money. I am glad that people are going back to basics. I know many people that were using their house as an ATM machine. That was wrong. Here are my personal tips on money management
- Overall Snapshot of my Financial Picture right now
- Obtain a second quote on all of my insurances from insurance broker
- Do not count on that bonus this year
- Take better control of one's money
- No more impluse buying
- Pay cash no credit whenever possible
- Obtain a copy of ones credit report to check for mistakes
- Put money away for retirement
- Purchase rental house for retirement
- Put away money for college costs
I just wanted to share what I am doing in my own life. What are you doing in your life to adapt to this market?
Make the Call, Set the Plan, Do the Deal$!
Feel free to listen to my Radio Show to learn more about the phoenix real estate market, new trends, and the latest opportunities. The Real Estate and Beyond Radio Show Airs every Saturday from Noon-2:00pm on Conservative Newstalk KKNT 960am in Phoenix, Arizona. You can listent to past shows, or stream on-line.
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