12.31.05

Managing Personal Finance

Posted in Uncategorized at 3:20 am by Administrator

The key to manage our personal finance well is to formulate a personal financial system around our day to day activities. I am not referring to softwares or PDAs for personal finance. I am referring to our day to day financial arrangements or the way we arrange our, for instance, credit card payments, utilities bills payments, spending habits, share bank account with spouse, etc.

With a right system or flow in place, financial discipline comes naturally.