Financial Planning for College Students for Better Management of Money

Financial Planning for College Students for Better Management of Money

College life is exciting and challenging , you are moving away from mother and father living on your own and taking your own decisions. So it is right time to learn about financial planning,budgeting and spending strategies.You need to prepare yourself for your financial planning before you get your first job. By adopting a few following steps you can transform your life into financial security. 1)Create a monthly budget Create your first monthly budgeting by listing out your expenses such as college tuition fee,books and supplies etc. and income like scholarship, contributions from parents.When you…

Six Reasons for Procrastination

Six Reasons for Procrastination

Procrastination makes easy things hard, hard things harder – Mason Cooley Procrastination is we are avoiding a task which needs to be fulfilled or can say doing lesser important things instead of more important one because lesser important task gives more pleasure than important task. Here are important reasons why we procrastinate. 1. We need instant gratification: We want instant gratification when we are doing a task. We feel gratification when checking email or Face book account instead of doing important project report needs to be done.So we are doing…

Why We Need a Budget

Why We Need a Budget

Budgeting is the process of preparing a plan to spend your money. This spending plan is called a budget. Creating a Budget allows you to determine in advance whether you will have enough fund to do the things you like to do.Here are four important factors tells you why you need a Budget. 1: For peaceful mind If anyone who are not preparing a  monthly budget for his personal finance always be worried about his finance asking ‘money coming and going, actually where is money going’ moneyadviceservice.org.uk  says Over half of UK households keep…

Six Effective Time Management Tips

Six Effective Time Management Tips

“Lost time is never found again.” – Benjamin Franklin There is the  phrase “time is more valuable than money.” We’re living in a busy world, and the demands on our time often drag us in many directions at once. Are you feeling like the clock runs out very fast on your daily plans? Check out these effective time management tips for maximizing your productivity and generate more value out of those extra daylight hours. 1)Planning Your Time and Prioritize Practice 10 minutes each morning to plan how you would like to spend the time…