Set your Goals for 2019
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Decide on an important goal to achieve with your money and start working toward it. Invest more in an asset that can make you money over time; rather than an asset that depreciates.
Learn to identify total income and total expenses. The best way to do this is to track every item you spend money on over a month; this will let you see where you’re over spending or under spending.
Know the difference between needs and wants. For example you need to pay rent but you want that new watch, car, holiday. Make sure to pay for your needs before your wants.
Design an air tight budget and figure out what expenses you need to pay each month: groceries, rent, car payments, school fees, and utilities. Once all of these are well covered set a little aside to achieve your goal and a bit for leisure.
Have a backup or create a second source of income. Too many times we hear stories of how things suddenly go wrong, flooding, flash fires, burglaries and so on. Always have a backup fund just in case you find yourself in an emergency.
Why not choose Homes of Distinction when selling your property?
Homes of Distinction has been successfully employing an online marketing, SEO and social media strategy for several years now, with a large increase in views on our website and your properties. We can assure you that you cannot afford to fall behind the curve here, no matter what your business is!
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At Homes of Distinction, we are celebrating our 20-year anniversary this month and humbled by the transformation we have seen over the years. We look
forward to the celebrations ahead and for the next 20 years of diversity and change.
Author: Lillian Rencken
