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By ProCW


Managing Your Finances

Little known fact:

If you can manage to save five dollars ($5.00) per day for 25 years, you'll have saved $45,625 on the 9,125th day!

A few finance management tips:

  1. Don't crack open your piggybank, unless you absolutely have to!

  2. If you need to buy another piggy bank, buy one!

  3. FYI: Savings accounts with higher yielding interest rates are better than regular checking accounts.

  4. Shop around for banks that have the best interest rates.

  5. Don't pay for checking accounts! There are many banks with FREE checking!

  6. If your bank charges fees for ATM withdrawals, change banks!




IRS Logo
IRS Logo

Managing Your Taxes

I can't even begin to stress how important it is for you to pay the right amount of taxes. I won't give advice on this subject, but you're welcome to visit the following:

Revenue Agencies

- - - - - - - - - - - - - - - - - - - - - - - - - - -

United States of America

Internal Revenue Service (IRS) - United States Department of the Treasury.

Canada

Canada Revenue Agency - Information, services, and applications that help promote compliance with Canada's tax and regulations; including forms, publications, and guides.

United Kingdom

Income Tax : Directgov - UK Income Tax, Allowances & reliefs, Giving to charity, Overpaid tax, Rates and Thresholds, Codes and Getting it right.

Australia

Australian Taxation Office - Offers information and assistance on all areas of taxation for the individual, business and tax and superannuation professional. It includes information on tax reform, superannuation, TaxPack, eTax, rebates, excise and has an extensive legal database with legal and policy material to aid interpretation of taxation law.

India

National Portal of India : Income Tax

 


Managing Your Investments

Stocks & Stock Exchanges

Many people have made fortunes by buying and trading stocks. You have the potential to do the same! Here's my advice: Invest wisely! What I mean by that is that you should only invest if you can afford to invest. On the flip side of the coin, no pun intended... if you like a good gamble, you could always mortgage your house and use the money to buy potentially great stock!



Comments

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DarleneMarie profile image

DarleneMarie  says:
10 months ago

Great info ProCW! By the way, awesome graphic too :)

ProCW profile image

ProCW  says:
10 months ago

Thanks DarleneMarie! :)

prevodi  says:
5 weeks ago

Great info. I, myself, would add a link to Bershire Hathaway annual reports from Warren Buffet.

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