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Preparation of the 2009 Financial

In 2009, with all the love and indeed have been the last, replaced in 2004 with the attendance. Rightly that in the new year, we expect all will be about better for us. With the new year, as if we are given new opportunities to make do what we may be less good with the Get in years yesterday.

this is of course also including make in the financial aspects of personal and family we are. Now is time to seek financial life better for ourselves and our families.

Some of us may have heard some predictions that seemed pessimistic about the economic situation we are in 2004, especially if associated with elections and political conditions the country.

My suggestion, as people believe, do not dither and easily brought to the flow of news pessimistic. Believe, that God will always accompany us in any situation. Just as written in James 2:14-26 that faith without deeds is in fact dead, then we our faith in concrete actions such as financial planning that will mature so that we are ready to confront the possibility of even the worst.

There are at least five steps that can be done in making a financial planning is as follows:

1. Make a financial check-up first to know the financial position of you and measure your financial health. How, create a balance personal / family that contains a list of assets, debts, and clean your property. Then create a report that describes the flow of cash income and your monthly expenses. Results financial check-up is very much determined as the starting point of determining the financial goals and measures achievements.

2. Define your financial goals for both short-term, medium term, and long-term. A financial goal that both have a specific nature, can be measured in money value and duration of achievements (for example: Want to buy a car worth Rp. 200 million in three years), and realistic for your financial condition right now.

3. Umbrella ready before it rains. Not necessarily your financial condition will always be good. There are always risks that threaten the goals of your financial resources such as loss of earnings caused by death, permanent disability, pain, other. To anticipate the financial risk as this is the program you need to provide protection for your financial goals, among others, how to prepare the emergency fund and take the appropriate insurance program.

4. Make the investment to achieve the goals you financially. There are a few things you need to look to invest in the time period of investment, risk levels and investment returns, investment and match with your personal character. Select the right investment according to the time period your financial goals. The longer the investment time period, usually the risk is also higher potential return but also offered the higher. If you are a risk Taker does not matter if you want to choose the investment risk is high enough. However, if you are a risk, then select the product is recommended investment low or moderate risk. You can invest in the real sector as a business and property, or invest in financial products such as banking products, stocks, bonds, mutual funds, etc.. Whatever type of investment, remember that you must learn and truly master the ropes before the plunge into the investment.

5. Perform periodic evaluations every 6 months or once a year to ensure that the steps and the investment protection you walk in the right track to better ensure the achievement of your financial goals. If a diversion from the conditions that have been planned, immediately make revisions necessary.

You can prepare your own financial planning this or ask for help with the people you can trust, like friends, relatives, or a professional in the field of financial planning. Congratulations to plan financial life better

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Finance Edition