Parents worry Financial Condition

Knowing that education inflation reached 20% make your skin crawl. Imagine having to spend hundreds of millions of dollars for college kids, you feel the weight to make it happen. Not to mention the daily needs that are still missing. Funds raised used for immediate needs. "Is it true that I can meet the needs of the child?" The question is not only a burden on the minds of the fathers, the mothers who are usually family financial managers often do not have the fear that sufficient financial ability to pay child support.

Parents should:
Having a good financial planning. No matter how much money you have if not managed properly will never be enough to meet the needs of families. Now there's a choice of services of financial planners who can help you manage the family finances. You can find out how to control the expenses, sort out what really needs and which ones are just wishes. You can also learn to choose the right form of investment to achieve your family's financial needs.

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Save at the Supermarket

As a manager of family finances, Mother had smart money management. One was disciplined and frugal in spending money. Some frugal shopping tip by Gary Foreman, The Dollar Stretcher website owner's Mother Has apply?

     Do not be a slacker. The supermarkets are eager to put the products sold on the shelf with a height between your knees and your back. If you choose lazy, unwilling painstakingly bent, the result you will get a more expensive product, compared to similar products that are placed on the bottom shelf or the top. Indeed, you can save more than 40% only with bow

     Note the mood. If you're hungry, you'll buy more food. Likewise, when you feel tired or angry, because you need the extra power to buy the goods that you should not need. If you're an unstable mood, do not go shopping yet!

     Make a shopping list. By compiling a list of items to be purchased, you learn discipline and abide by the spending plan you have compiled yourself. Trust me, in a place you will be spending a lot of stuff that makes you interested to buy it. Focus!

     Bids 'Cheapest.' Find items with a bid labeled 'cheapest' or 'promotional price'. If you consider the low price the quality is not good, not necessarily! Sometimes cheap price because the goods are new products, products are issued by the supermarket itself or the product is still in the stage of promotion.

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5 Tips on Managing Money

No need to be a financial expert or an accountant first to be able to manage the money. You can, too. Even more okay!

Own income or not, the amount of money you receive each month must be managed wisely. Attitude wise as to what is right? The following five tips to help you manage your finances more carefully.

Active in every family's financial decisions.
Most of the women are responsible for household finances. Unfortunately, most of them it is not the decision maker in choosing the type of investment, retirement, and choosing insurance. Mothers can actually play an active role in any decisions related to family finances. Even if the mother still is not the decision maker, they can communicate the solution to every financial problem with a partner. Mom can make suggestions or ideas on future financial plans related to children's education, insurance, retirement, or a new policy on saving for a vacation. Importantly, the mother is not passive.

Find out about the investment. 
Fear of women to invest, two times more than men. Thus the results of the survey Charles Schwab Corporation Foundation in San Francisco, USA. Women are generally less confident choosing how profitable investment. Learn different ways to invest easier than just imagine it. Today there are a variety of workshops, seminars and reading about how easy and profitable investing. There is also a question-and-answer section on investments in the media that the mother can use. Learning the ways of the investment is not time consuming. Provided that you are serious about listening, knowledge about investment you will get.

Save for save. 
To start saving, do an inventory of the items need to facilitate the work. For example, a washing machine and a car you already have, then start to pay attention to the needs of the other smaller. For example, tape recorder, television or microwave. When all critical equipment needs are met, you can start saving. Savings can be started by doing some savings in expenditure. Redecorate the house, for example, does not need to be done every year. That way you can budget tube. Efficient use of electricity, water, telephone and internet can do. If you can save Rp. 50.000, - per month and saved, in one year you earn Rp. 600.000, - Twenty years later, the numbers are not small. Try to start saving now!

Thinking about retirement living expenses.
Now the high life expectancy allows humans to live to old age. If you are currently 25 years old, you have income earning age for 25 years. After retirement, where the cost of living for you? Of course you do not want to run into financial difficulties in the elderly. You are not recommended to use education funds be allocated to children living expenses in retirement. If you have a steady job that provides retirement, start calculating the amount of pension you will get later. When you earn is not sufficient for you, start setting aside funds for retirement.

Avoid debt. 
Not a few families pay substantial expenses using a credit card. Unfortunately, most people are happy to rely on credit cards to buy anything, including the little things you never want to travel. For example, buy a friend a birthday present. As a result, the desire to buy something using a credit card is often out of control. 'Surprise' unpleasant when you are used to pay the bills, could be, the amount exceeds your balance. Avoid debt. Ensure use credit cards only for things that have no funds you allocate. For example, pay for hospital care or pay the cost of staying at the hotel while on vacation. Plan carefully any decision to buy something, and control the use of your credit card. Controlling the use of credit cards can be done by not changing desires into needs. That way you do not need to suddenly feel the need to spend.

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Know the Financial Instruments

Savings. Most of the income that is not spent is stored in the form of savings in the bank, as a short-term reserve fund.

Deposits. A type of services offered by savings banks, which have a period of time where the money should not be drawn inside the customer. Deposit interest rate is usually higher than regular savings.

Mutual Funds. Containers and management scheme funds / capital for investors to invest in a set of investment instruments available in the capital market by buying mutual funds. These funds are then managed by the Investment Manager (MI) to the investment portfolio, whether it be stocks, bonds, or money market securities / other security.

There are 4 types of mutual funds:

    Money Market Mutual Funds: invest planted in debt securities with a maturity of less than one year.
    Fixed Income Mutual Funds: at least 80% of managed funds (assets) is invested in debt securities.
    Mutual Fund Shares: at least 80% of managed funds in equity securities (shares on a stock market).
    Mixed mutual funds: mutual funds that have a ratio of the target asset allocation in stocks and fixed income securities that can not be categorized into three other mutual funds.

Bonds. A statement from the issuer's debt to bondholders and its promise to repay the principal amount along with the interest coupon later on the date payment is due. In Indonesia, the debt maturity period of 1 to 10 years, who called the government issued Government Bonds (SUN) and under 1 year debt issued by the government called the State Treasury Securities (NES).

Stock. Unit value or books in a variety of financial instruments which refers to the ownership of a company. Shares may be purchased on the stock exchange through a broker and you will benefit by increasing the value of capital and receive dividends. In order to take maximum benefit period 10-20 years.

Select the financial instruments to which?
The time factor is crucial financial instrument you choose. If you want to send a toddler but a new fund set up a year before he entered the school, of course you can not choose mutual funds, especially stock. The best choice for a short time is by saving. For a period of less than three years, you can open a child's education savings because of rising tuition costs is not too large.
If you have a longer period of time, such as preparing children for college tuition, you can choose a more aggressive financial instruments that can provide greater benefits, although the risk is also greater. You can use the bonds, mutual funds or even buy stocks. Make sure you know very well the financial instrument you use before putting funds.

Case in point:
If the toddler is now 2 years old, the education budget plan would include:

    Play Group tuition or kindergarten of savings.
    SD tuition of fixed-income funds, money market mutual funds.
    SMP tuition of ORI stock or mutual fund (bonds).
    High school tuition of stock.
    College tuition out of stock.

Follow-up. After knowing the costs of any needs, how to calculate the budget and how to get funding children's education, then the follow-up to be done is:

• Determine where toddlers for school. Budget international schools with public schools is different. Call the school to find out your goals estimated funding requirements. Then, start counting.
• See your skills, knowing the estimated funds needed. Are you able to reach the budget to send their child at school dream or not. If it turns out you can not afford to send their child at school dream, it means having to change again your budget plan.
• Finally, execute the plan.

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Finance: Ways to Baby Budgeting

You or your wife pregnant? Well, congratulations, yes! Because, after this, the task of exciting and challenging as well, especially if it is not prepared to undergo a healthy and happy pregnancy! Plus prepare financial strength. No, it's okay son's presence will definitely add daily expenses. Try to follow a few steps to building a baby budget baby budgeting following :

1. Pay attention to your monthly budget. It would be nice if you wrote down expenses every month, so obviously you shop for just about anything. Of note, you and your partner can set monthly spending budget in more detail.

Check the balance of your savings in the bank periodically. Thus, the amount of savings you sure you now. If necessary, you can make savings on one of the regular monthly expenses. Would not that money be saved? Fair is not it, bit by bit can be used to buy baby supplies.

2. Cheque and credit card bills. Re-examine the use of credit cards and bills unpaid is a wise move. However, the presence of children need a lot of fund. You'll want to complete the bills.

Minimize the use of credit cards while because the interest is high. Without realizing it can be wrapped around your flowers in a deeper debt bondage.

When you and your partner do not fall asleep with ease disciplined credit cards, and save the shopping, do not be surprised if you both have more money that can be allocated for preparation for the baby.

You can also consider personal loan offer from one of the trusted bank to obtain additional funding to meet the greatest needs of welcoming the birth of the baby. Choose a bank that can assist and ease the borrowing rates are not too high.

3. Know your rights! For those of you working mothers, try to know your rights as an employee who is pregnant and expecting her. You can discuss with your supervisor and the head of HR on the estimated date of the leave, and be sure not to lose your rights. Such salary during the leave, the cost of consulting a gynecologist, and delivery fees.

However, if you manage your own business, you need to decide wisely for themselves benefits the entire cost.

4. No need to worry. You want all the financial preparations are met. When it arrived the day "H", you and your partner do not bother with the headache and the funds should be spent.

No doubt money plays an important and often the trigger bickering husband and wife. However, with the right strategy, you can both use the funds wisely.

You were still able to communicate with the financial side of the family, designing plan for future financial budget beloved baby, and do not forget to always give love and affection to the baby. Happy counting!

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Financial Needs Twins

In addition to looking at the health of the twins were born, our anxiety often arise when preparing financial needs. To get around, see tricks managing finances these twins ..

Special tricks managing finances will be very helpful for us in welcoming the birth of twins, including:

1.  Vision for children 22 years into the future. Identify the planning stages: from pregnancy, childbirth, after the child is born, the child enters the age of five, entered elementary school, junior high school to college
2. The estimated cost of each phase: the cost sectio childbirth (cesarean section), because not all children can be born normal twins. How many caregivers are needed and the estimated cost of entry every level of life.
3. Allocation of costs, from your income for each stage
4. Dig funding sources to finance the twins:

• Monthly income. Use it to meet the needs of each month
• Office facilities. Find out if the cost of labor or child's treatment reimbursed by your employer
• Control your spending. When you can not afford two caregivers should use the services of just one. Need to take care of a husband and wife partnership of twins

         Assets. Used to meet the needs of children in the future, like to go to school or college

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Make a Financial Plan Pregnancy

Pregnancy is a very happy news, but often this tidbit comes 'without a plan.' Enough budget to finance maternity pregnancy until later? However, you need to do financial planning to welcome a new member in the family.

• Make household cash expenditure in 4 post, namely savings, debt repayments (if any), insurance premiums, and the cost of living. You can enter rancana finance to fund the pregnancy and birth in the post cost of living, which is divided into two parts, the cost of routine and occur only once. Routine costs are costs that occur repeatedly during pregnancy and after birth, such as health content and supporting the needs of such supplementation, maternal and infant supplies. While the one-time costs incurred is the cost of labor.
• Adjusting birth plan with the contents of the bag. You and your husband must truly understand how your ability to pay the cost of labor. Focus on the needs of mothers and infants and the safety of both. Needless to prestige if you can not stay in the hospital room VIP or push yourself to the famous gynecologist just because part of it.
• Enter the purchase of consumer goods in the post baby needs routine. Usually installments during pregnancy or before birth and after birth. Thus, the budget of the monthly cash flow in the cost of living expenditure.
• Determine the main priority needs and the needs of what the nature of support. After that, choose the goods with good quality and affordable prices.
•  Prepare an unexpected expense or reserve funds to deal with emergencies. Budgeted 10% -20% of the total estimated cost of labor.

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