SearchExclusive.com

13 Financial Habits You Should Start Today

Effective financial management is not easy, but there are certain habits that are followed by investors around the world who have mastered the art of finance management. There are simple tricks that you can follow every day. Read on to know the 13 financial habits that you must start today if you want to lead a stress-free life.

Pay your bills on time
This is the most important rule that you need to follow in your life. The more you delay your payments, the higher will be the penalty that you would have to pay. Therefore, ensure that your payments are done on time.
Set aside an amount for yourself
Do not get so anxious about savings that you forget to keep an amount for yourself. You have responsibilities towards your bills, but your primary responsibility is giving yourself what you deserve.
Enable automatic payment deductions
Automatic payment options are a great solution for people who find it difficult to make payments on time. Link everything to your bank account and let e-banking take care of it. You can also invest in savings automatically without worrying anymore.
Stick to your budget
This is one financial habit that has been repeated everywhere and is a golden rule. Don’t mindlessly swipe your credit card without having the means to pay back.
Make wise investments and pay off your debt
Invest in mutual funds and pay more loan amount than specified. This will reduce the interest amount as well as shorten the loan tenure.
Avoid spending your spare change
This is a useful habit and it works every time. Whatever spare change you get, do not spend it. Set the change aside and count it at the end of every month. You will notice you have saved a big amount.

You Might Also Like: Money Lessons We Can Learn From Past Presidents

Say no to credit cards and switch to debit cards
Debit cards help you regulate and track your spending. Try to avoid spending with credit cards as it builds debt and if you miss paying a bill, it entails a high late-payment penalty.
Have an emergency fund
Emergency funds are important savings, so you need to start opting for them before you face a problem.
Have two separate bank accounts
One of the cleverest financial habits is having two bank accounts. Use only one debit card and keep the other one for emergency or special purposes.
Control your impulsive shopping habits
Both men and women have become impulsive shoppers since the inception of online shopping sites. Do not get carried away.
Spend only how much you can afford
Spend only what is needed and on what is necessary. You can treat yourself once a while but not every day.
Divide your money for different purposes
Keep a separate amount for going out and a separate amount for shopping. This will prevent you from using all the money at one time.
Check your bank balance every day
Spend at least one minute every day analyzing your expenditure and work towards setting them right all day.

Keep yourself updated with the latest on Personal Finance . Like us on Facebook and follow us on Twitter for more on Investments.

Related Reading

Tips for Buying the Best Dog Food

Most of the dogs do not have a food fuss and may eat almost anything that you feed them. Dogs are not choosy at all when it comes to food and nutrition. Hence, it is important to make sure that the food that you are purchasing for your dog is healthy. The landscape of dog food has been developing by leaps and bounds in recent times. There is a wide variety of options to choose from in the online and offline market. Given the wide range of options that are available today, buying the best dog food might seem to be a confusing task indeed. All the commercial pet food that is available in the market today is regulated by the FDA. Therefore, most of the products do contain nutritious, healthy, and safe ingredients. But it does help to know certain basic factors you should look for while buying food for your dog. Prioritize on the nutritional guarantee The best dog food, which meets the dog’s needs adequately has a statement written on the label of the product, from the Association of American Feed Control Officials. Buy from some of the best dog food brands, such as Fromm Family Foods, Earthborn Holistic, Nature’s Variety Instinct, and The Honest Kitchen.

Different Types of Kitchen Cabinets Available for Your Home

The most important aspect when designing your kitchen is deciding on the type of cabinets. In addition to functionality, kitchen cabinets score on aesthetics as well. Once the layout is planned, you can go ahead with choosing the cabinets. If you’re remodeling your home or just the kitchen, what you need to consider are the types of cabinets that furnish your kitchen. Here are a few types of kitchen cabinets that you can choose from. Base cabinets These kitchen cabinets are mounted on the floor and they are placed after checking out the floor plan. A major part of your job in the kitchen is on these base cabinets, which hold and support the countertops. These base cabinets are combined to carve out kitchen islands. A number of base cabinets are fused/set against one another and installed on site. The base cabinets, in addition to supporting the countertops, serve as drawers to hold your cutlery and appliances. Wall cabinets Mounted on the walls, these cabinets can store everything, right from your cookware to cookbooks. In terms of design, they offer utmost flexibility. Wall cabinet kitchen is available in varying heights, multiple widths, and custom depth options. This customization helps you to fit in your stuff of varying shapes and sizes into the wall cabinets.

How to Pick the Right Dog Food for a Sensitive Stomach

In today’s world, where you are presented with over a dozen choices for every item you would purchase for your own kitchen, it is not surprising that you have an equal number of options for your dog’s food. However, choosing the perfect brand and formula for your dog out of a range of options in the market is not an easy job. Your pet depends on you and trusts you to make the right choice for them. Therefore, it is imperative that you do your research about the products available in the market, understand what your dog needs, know what might be your pet’s problems, and then make a sound decision. What is a sensitive stomach? Dogs are known to have voracious and large appetites. Keeping that in mind, it is normal to assume that they have strong stomachs. They can eat close to anything be it sweets, bakes, chewy gum, hard leather or even woolen socks for that matter! It always so happens that the strongest of them are prone to allergies and can develop a disorder which is medically translated as a sensitive stomach. This might be due to a sudden change in the food habits or even due an infection picked up from somewhere.

All You Need to Know about Cat Food

For cat owners, cat food is a hot topic. You need to think about it in different aspects. The best thing is to know which ingredients are good for cat food and which are harmful. If you are aware of this, you can get an idea about the quality of the cat food just by going through the label. It is always sensible to stick to one brand of cat food. However, you may also want to try and prepare cat food yourself. There are also various options for wet cat food as well. Cat’s love for fish is universal, so you can do without going for expensive cat food. Nevertheless, whether you buy it or prepare cat food at home, you need to ensure that the food contains enough nutrition and calories. You would need to have some idea about the ingredients that must be present in cat food and make a worthy selection for your cat. Basic ingredients present in good cat foods Cats need a variety of nutrients to stay healthy and active; they need various vitamins, minerals, fats, proteins, and oils. The following is a brief explanation of the basic ingredients that should be present in cat foods.