Then there are people who think,

The basis of sound finance their quality management. Long-term financial planning even today does not lose its importance. It can help overcome negative moments in finance. The basis for them is knowledge of the actual state of the financial picture of an individual or household. cheapskate
Budget and financial planning cheapskate lost the original content when we stop thinking in "life-long-term" and go to fund "here and now". cheapskate In the past, people knew that if they wanted to be in a certain age level, must accumulate capital. However, in recent history, guaranteed by the state, it is not necessary, because the care he takes over and it will be funded on an ongoing basis, that the new revenues.
In the second half of the twentieth century, people have changed, approach cheapskate to things. The whole mass is focused on one goal, to earn now and now, to create maximum revenue to finance the maximum expenditure. Davy stood themselves from difficult dilemma - the need to create a society that is based on the constant moral hazard, the constant consumption cheapskate of most resources while using state departments ensure that this did not become a hazard cheapskate reason for the fall in subsequent financial problems.
Companies that have already refused to accumulate wealth for their offspring and in case of difficulties, cheapskate as identified very clearly the relativity of such property, they needed a system that will ensure their members in old age or illness, because reserves were continuously consumed. This system in Europe has become the welfare state. But the fact is undoubtedly that today's modern society, power companies, consumer access to things and in a way the consumer approach to life. For humans these things economic are closely related and can not be separated.
The real measure of wealth is not wages, cheapskate but above property. It does not matter what the income is, depending on what is the net asset value. The value of the property affected by the following factors: income, savings, investments, simple lifestyle.
The rich are people who know how to manage their money well, they have other financial habits than the general cheapskate population. One of the activities that decides whether people cheapskate are rich or poor, is the management of the domestic budget. The poor manage their money poorly or not at all. First, they say that they do not have time, and secondly, that they have nothing to manage. Caring for the money but no time to steal, on the contrary, it can be obtained.
Then there are people who think, "I have no money, so I can not manage it." This is not correct. Correct is: "When cheapskate I start to take good care of the money, so I'll have some." We can not begin to manage money well, when all is spent, whether the payment or receipt of any.
First, it must be well managed small amounts of money, cheapskate only then you can start to manage larger amounts. It does not matter if you already have a fortune or if your wallet is not on a diet. It is important to start right now just to manage the money you have. Personal budget
You may be wondering, what is the benefit of financial cheapskate planning for the normal life of a person. Financial planning, if managed properly, will help overcome the negative moments in finance (stock market crash, dismissal from work, etc.) and also slowly build financial wealth.
It can also help uncover cheapskate hidden reserves and the danger to which we have not yet thought of. As the mountains due to map one knows where you are and knows which way to get to your destination, as well as through financial map gets clearer idea of what the current financial "position".
It's possible thanks to better plan their trip to the goals and clarify what property cheapskate is already taking cheapskate is available. It is advisable to make a list of all specific strategic cheapskate financial objectives cheapskate that are (for example, new housing, children's education cheapskate or financial independence), and determine when it is possible to achieve these goals and how much it will cost.
The budget cheapskate is a plan for the coordination of resources and expenditures. Most people cheapskate use their budget as a plan for the fact that they are also poorer or middle class, the place that it was a scheme to get rich. The lives of most people cheapskate is associated with the budget deficit rather than a budget surplus. Instead of creating a budget surplus, operates a number of people so that they live on with the least resources. Which usually means creating a budget deficit (inability to raise their income and the resulting inability to finance sudden expenses by means other than credit).
The budget deficit is issuing more money than produce revenue (governments, companies, cheapskate individuals). Issues the person more than it earns, thereby creating a budget deficit. The reason why so many people have to deal with the budget deficit is the fact that spending cheapskate money is much easier than it is earning. When people are confronted with a stressful budget deficit, most choose to limit their spending. However, it is smarter to generate additional resources by increasing income.
The budget deficit cheapskate created by the government must be financed by issuing government bonds