Financial Management

Posts Tagged ‘financial planning’

Foreign Debt and the Future of Indonesian Economic

Basically everyone is heavily into debt, as well as the state. Due to debts not only see the ability to restore, but most do not also bear the shame and feelings of victims. However, debt has become commonplace in a country’s economic development. Specifically Indonesia, it is clear that the foreign debt increased again by 3.14 billion U.S. $ and if coupled with a grant of U.S. $ 500 million is already nearing the government’s desire to get U.S. $ 3.7 billion after the new treatyIndonesia’s foreign debt recently.

But the problem is the addition of new debt this time raises the pros and cons. Analysis of developing LN debt not only on how many numbers are achieved, but rather the desire to get out of control debt, which is indirectly hinting to get out of control over foreign parties.

Many people want to get rich, or at least they say they do. But you can’t get there by just saying it. There are things you must do to achieve that level of financial stability and security. You must go through a process to create wealth. As some people think it does not happen overnight. There is no such thing as “get quick rich”. There are too many people that are looking for a “microwave” formula for getting rich.

You must conduct a mindset to create wealth. Many have a dream for it, but they tend to miss. Why? Because they have don’t what it takes to see their dreams come to fruition. There are many books on the market that talk about self-help and how you can do this and that. Do they books really come down to the nitty gritty of how to do it? Probably not. They can tell you what to do, but to get to the next level, you have to know how to do it.

It is unhealthy habits and action That you Read the rest of this entry »

Brian Tracy is one of my favorite motivational authors, not one of those authors who only bring us pretty words, but teaches effective strategies to achieve results in life. This book is not extensive and that condenses a lot of ideas and wisdom in a nutshell.

The book also can be found under the title: “21 Secrets to become a millionaire with his own efforts” and I recommend it especially for people who do not have a great habit of reading or an author they like to go straight to the point instead of take several turns of the same ideas.

There is a book of advanced strategies or financial planning is actually more a book of principles on which the reader will have to find some way to actively implement them in life. Read the rest of this entry »

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Distinction between economic and financial

The economic concept is related to the results, gains and losses, costs.

Financially is all related to the particular movement of funds, revenue (sources) or outflows (applications).

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