Finished: My May 2011 Personal Finance Report

"it's always part of my end-month goal, it's helps me understand where is stand financially"

How I did it: It's easy:

1. Copy the format of the previous months.

2. Forward the Balance of April months to May 2011 Cash on Hand

3.  Input Cash Income

4. Deduct Expenses

5. Segregate Money Currency (either PHP, SAR or $)

6. Create a Total Figure for in one Currency using current exchange rate.

7. Arrive with the net WORTH!

Expenses Related:

Sometimes you have to put in all the details of your expenses, whether be it big or small. It will help you understand your spending habits.

There are payables that are monthly and or quarterly or in whatever way you pay it, you should track the payment you made in order to avoid confusion whether you have paid or not.

Remarks:

Each one may use appropriate format of your choice in preparing the personal financial report.

Lessons & tips: You know what?

1. It give me clarity on my financial status.

2. It helps me make a better plan for the future and for my money

3. It is very ideal, because it helps me control my spending habit.

Resources: http://bodengdeng.blogspot.com

http://bodengdeng.wordpress.com

It took me 5 days.

It made me jump!

See more progress on: finish my May 2011 Personal Finance Report

PAID: My credit card and My spending habits

"at first i was desperate, then i began to write a goal... amazingly i did it!, i did pay my credit card bill fully!"

How I did it: 

It wasn't easy, it only took me a pen, an onlinepaper and a determination to pursue my what was laid down. You can make things happen too!

PEN

it can be a pencil, a ball-pen or a keyboard. It started when you think about paying your credit card bill. Start by writing on what you can do to help you pay it, where you want to make your life be, when will you want to finish paying it, and how will your skills or how others could provide you resources and opportunity to help you achieve your goal.

ONLINEPAPER 

It is not just a paper, or a blank paper. It provides you vast idea on how to achieve your goal. All you need to do is to search, save and remind yourself about the most brilliant tips you have found online. Draft it and start dreaming of doing it.

DETERMINATION

The best day to start doing what you have laid down is TODAY. not on the next few minutes, hours or days.  It only take a simple statement: KILL whatever hinders your way, and tell yourself It's not about how i feel but what i want myself to be once i am done with this!

It might now be a credit card, you might have owed someone or somewhere. May this help you. 

Lessons & tips:

• Set you mind to pay you credit card fully.
• Develop a financial plan 
• Create a personal monthly financial report
• Work one day at a time 
• Always think of benefiting your skills, if you don't have one, it's not to late to discover and activate it in your life 

Resources:

1. http://bodengdeng.blogspot.com 
2. https://www.facebook.com/bodengdeng
3. http://iloilojailministry.socialgo.com/
4. https://twitter.com/#!/BodengDeng 

It took me 365 days.  It made me free!

See more progress on: pay my credit card and start controlling my spending habits