Money Manager

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	Index Page » Finance & Investment » Personal Finance

	Money Manager

Author: Greg Dempsey

To give you an idea of how a money manager controls what they have, note which statements apply to you;

The Poor Money Manager

Spends all their pay immediately.

Must have it now, no matter how it hurts or how much credit they use

Has no goals or plans other than to be rich and famous

Follows the crowd and their friends

Mixes with people who have similar money problems

Believes they don't need advice

Has no interest in gaining financial knowledge

Spends on items which lose value, e.g. Cars, stereos etc.

The Good Money Manager

Saves a minimum of 10% out of each pay

Minimizes borrowing for items which depreciate in value

Has definite goals, e.g. 6-12 months, 5, 10 and 20 years

Has a plan that they actually implement

Mixes with people who are successful money manager

Knows that strategic spending is a must

Seeks professional advice and has a wealth coach

Is keen to learn new things and ideas about money manger

Invests in items which gain in value by quality

Author Bio:

Author: Greg Dempsey ?C Investor/Marketer Title: Education In 21st Century www.OpulentWealth.com Reprinting this article is allowed with this footer attached

You can also reach this article by using: Money Manager, Finance & Investment, Personal Finance, personal loans for bad credit

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