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    Money Management: A Step By Step Guide For Beginners To Start Saving Money, Master Personal Financial Skills And Learn The Best Strategies To Reach Financial Freedom
    Money Management: A Step By Step Guide For Beginners To Start Saving Money, Master Personal Financial Skills And Learn The Best Strategies To Reach Financial Freedom
    Money Management: A Step By Step Guide For Beginners To Start Saving Money, Master Personal Financial Skills And Learn The Best Strategies To Reach Financial Freedom
    Ebook65 pages1 hour

    Money Management: A Step By Step Guide For Beginners To Start Saving Money, Master Personal Financial Skills And Learn The Best Strategies To Reach Financial Freedom

    By Grant Ramsey

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    About this ebook

    Are you struggling with debts and have you problems managing your money?

    Are you living your life paycheck to paycheck?

    You don't  have an emergency fund yet and are you afraid that a small emergency could seriously affect your financial situation?

    Then keep reading.

    According to a recent survey by the First Bank of Omaha, 63% of Americans do not set annual saving goals, 23% reports put out 0% of their monthly paycheck towords saving and 74% put only 10% or less of their salary in savings

    And this also applies to people whit high salary.

    How is this possible?

    Simply because they haven't yet learned the most important skill to achieve financial freedom,

    MONEY MANAGEMENT

    Many people think that a small salary increase would be enough to improve their lives. The truth is that nothing would change because you would also automatically increase your expenses.

    What you need is to improve your money management skills as soon as possible.

    In this book I will guide you step by step to Money Manegement Mastery

    What you will discover reading this book :

    ♦ How to analyze your current financial situation

    ♦ How to set a budget

    ♦ Tips to start saving effortlessly

    ♦ How to get out of debt

    ♦ Everything you need to know about credit cards

    ♦ How to create your emergency fund

    ♦ Techniques to increase your income

    ♦ And much more

    To get the best out of this book you don't need to have any knowledge of finance, that's fine even if you are a beginner thanks to the simple step by step guide I created for you.

    The strategies described in this book can be used by both employees and the self-employed

    Suitable both for the older ones who have many years of work behind them and for the young people who have just finished school

    Are you tired of all your financial problems?

    Get out of debt and start your journey to financial freedom right now. Scroll up the page and add to cart.

    LanguageEnglish
    PublisherBook for Business
    Release dateDec 11, 2019
    ISBN9781393103639
    Money Management: A Step By Step Guide For Beginners To Start Saving Money, Master Personal Financial Skills And Learn The Best Strategies To Reach Financial Freedom

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      Book preview

      Money Management - Grant Ramsey

      Sommario

      Introduction

      Chapter 1: Where does your money go?

      How to eliminate unnecessary expenses

      Chapter 2 Budgeting

      What is a budget

      Types of budgets

      Why is budgeting important

      How to stick to your budget

      Chapter 3: The easiest way to save

      How to save on home expenses

      Chapter 4: How To Get Out Of Debt

      Good debt and Bad debt

      Chapter 5: Credit Cards

      Here are some credit card terms you should know

      Pros and cons of using a credit card

      Safeguarding your Credit

      Chapter 6: Start Saving

      How to keep money

      How to start saving

      Chapter 7: Increasing Your Income

      How to increase your income at work

      How to negotiate your income

      Multiple sources of income

      How to have a second source of income

      Chapter 8: Investing Your Money

      Warning: Approach with caution

      Start investing small amounts of money

      Step 1: separate your short-term and long-term goals

      Short-term investments

      Long-term investment

      Step two: how much money do you want to invest

      Step 3: allocate your assets a target

      Step 4: evaluate the fees and keep them as low as possible

      Real estate investment for beginners

      Investing in stocks for beginners

      Conclusion

      © Copyright 2019 - All rights reserved.

      The content contained within this book may not be reproduced, duplicated or transmitted without direct written permission from the author or the publisher.

      Under no circumstances will any blame or legal responsibility be held against the publisher, or author, for any damages, reparation, or monetary loss due to the information contained within this book. Either directly or indirectly.

      Legal Notice:

      This book is copyright protected. This book is only for personal use. You cannot amend, distribute, sell, use, quote or paraphrase any part, or the content within this book, without the consent of the author or publisher.

      Introduction

      Money affects every aspect of our lives. We think about it, use it, earn it, and worry about it. But, do we sit to examine how money works? What makes it a significant part of our lives? How it affects us when we have it and when our accounts are running low?

      Most probably not, but if you are looking to improve your financial situation, save more, invest more, and ultimately become financially free, you must examine your relationship with money. What most of us fail to admit is money has high value only because we have given it the value. Looking closely at what money is, we will discover that it is a medium of exchange and a way to store value.

      We use it to trade when we agree to exchange it for something else (medium of exchange) and use it to hold value until later (store value). When we use it to as a medium of exchange, we can either keep the money in cash or in a bank account where we can easily access it for another transaction later.

      In real sense, therefore, money has no inherent value. You can't eat money, use it as medicine or for anything useful. Materially, a one-hundred-dollar bill is the same as a twenty-dollar bill. Value is only based on an agreement, but the actual currency can be anything. You can either pay in cash or electronic and most recently, through blockchain technology.

      Traditionally, barter trade was the medium of exchange. You give me hide skin so I am warm during winter and I provide you with the grain you can eat throughout the seasons. The matching needs determined the value. However, it was hard to store value and sometimes even hard for the universe to align, so you have matching needs with another person.

      The use of money made all these challenges a thing of the past and increased the value of items. How much value you give determines how much money you earn. However, the value we attach to money can increase or decrease depending on how valuable we think it is. For instance, when money gets less value, we use more money to buy the same things, and if this continues, money becomes worthless. The opposite is true. The less we use to buy the same commodities, the money value is attached to money.

      Think about it. When growing up, how much could you buy with a quarter? How much can you buy with $20 today? The value attached to a quarterback in the day is quite different from the value assigned to the same quarter today.

      If we are not careful, we will end up in a rat race. Earn money, spend it all, earn some more and spend that as well. We may even throw in a few debts here and there which

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