The financial plan that every entrepreneur must handle

Controlling your finances is important for your future and your business, so we tell you how to manage it and what you need to keep in mind to manage your money successfully. Will the vast majority of millennial be interested in being entrepreneurs to manage their time and be their own boss? The answer to certainty we do not have it, however, that is the perspective that many people today have about young people. And not just as an example of entrepreneurship independence but rather as a figure of rebellion of laziness who like easy things who do not care about their future much less for the management of their finances.

The financial plan

Look, these are the Excel Templates to control your expenses and income

In short, there are many points of view and a great debate, the fact is that they are the main public of the world trade. Young people have a different expectation. That is perhaps what motivates them to act many times in a “snatched” way before the possibilities presented to them. With the decisions, they make. It is okay to be risky but it’s also okay to be organized and strategically ask what you want to do and where you want to go. Because when we go out on an uncertain road without knowing anything, we can crash. Continue reading “The financial plan that every entrepreneur must handle”

Virtual currencies Blockchain and developing countries

One of the main barriers found by Bitcoin and Block chain in the developed world is precisely that the economic agents whose sectors most revolutionize are those who feel that their business model may be more threatened. Therefore, the speeds of adoption in the first world countries may be slowed as is already happening at least until affected players know how to take advantage of the new ball rolling on the field.

Blockchain and developing countries

This complicated casuistry of stakes often does not exist in developing countries, since, in most cases, Bitcoin and Block chain allow developing and offering services and possibilities to formerly non-existent user bases and that many times they did not even have access to the most basic financial services. There the problems are different, which does not mean that when these services start beyond the Mediterranean. They end up becoming players, not only relevant at the national or continental level. They can aspire to challenge in their own home. Continue reading “Virtual currencies Blockchain and developing countries”

Different ways to secure a fixed money for your future

I’m never going to think about it have you heard this phrase? Sure, that yes his grandfather once said it his parents too and you do not fall behind just like your co workers and their friends. It is always said that the system deteriorates that a pension reform is needed and that young people have to look for some additional income to survive in their old age.

fixed money

Many are the reasons that cause the problems in the system starting with the population pyramid in recent years, as the population is not currently being renewed at the pace required by the current pension model. Older people get older while newborns are less. This is evident when comparing the older population of the years 1985 with the one of 2017 (that is between the 60 and more than 80 years of age according to the information that the DANE reports. It is observed that older adults have increased 4.72%, while newborns (between 0 and 4 years) are decreasing and in 2017 are 4.56% less than in 1985. Continue reading “Different ways to secure a fixed money for your future”

What to consider before deciding to buy a home

Acquiring a house is one of the most important decisions in a person’s life, so it is necessary that before taking that step certain relevant points should be considered so as not to affect the economy. We share certain aspects that you have to take into account according to the real estate site.


Define a budget. Whether through another type of bank credit, you must consider that it involves a down payment of approximately 30% from there to be able to define your budget. Find out from a real estate agent. Take into account that the process of buying a home is often long and tiring. There are many formalities and issues to consider so the work will be easier if you have the information and the necessary guidance. Continue reading “What to consider before deciding to buy a home”

Ideas that keep you from having money

There are various myths and false beliefs about having or generating money. Many people think that who has money is because it was stolen or won based on corrupt acts. Others think that money changes people makes it greedy selfish insensitive and even humble. The reality is that having or generating money is not bad on the contrary, if you manage to multiply your income and savings, you can live in a more relaxed way and if you want you can share it with others and even teach them your good habits to grow your means.


Specialist in personal finance and author of the book manages your money for dummies shares some misconceptions that keep people from achieving their financial goals. For attention and avoid them: Trump’s statements about Sweden are the last misnomer of a White House terrorist attack.  Conway, Trump’s adviser, misquoted the “Bowling Green massacre”, which never happened.

Some thoughts can sabotage your desire to save or invest many of them are instilled from the family. There are various myths and false beliefs about having or generating money. Many people think that who has money is because it was stolen or won based on corrupt acts. Others think that money changes people makes it greedy, selfish, insensitive and even humble.

The reality is that having or generating money is not bad; on the contrary, if you manage to multiply your income and savings, you can live in a more relaxed way and, if you want, you can share it with others and even teach them your good habits to grow your means.








Financial education needed for children

The issue of money with the smallest of the household is always small children are like sponges as they absorb all the information around them, so it is very important to teach them habits and attitudes that will affect their behavior as they grow up. One of the most important habits to teach is the administration of money and the value of it.

Financial education

The following financial tools are ideal for sharing with children:

Investment: Many banks offer child savings accounts. This way, children will save their money safely and enjoy returns so they can learn that there are options for saving money. Budget: The obligatory weapon to be shown to the children to write down the monthly income (allowance, Sunday) of the children in a leaf so that later they write their expenses will help that they know how much money destine to each thing and they can make a comparison. In the end, knowing your expenses will make them more aware of your financial decisions. Continue reading “Financial education needed for children”

5 habits that will make you earn more money in 2017

The end of 2016 is fast approaching and while many are already immersed in the preparations that come with the holidays, in fact, it is the best time to focus and start thinking about 2017.

Precisely, one of the questions is what the goals for the coming year are that for many people, these goals include financial motivations. Therefore, if you want to become rich in the New Year, here are some habits that you can get.

1. Fight for your own dreams or anyone else’s

If you really want to start making money and finally be rich in 2017, then you need to do something that you truly love. Without that passion, you will never be able to reach the maximum economic potential. Focusing then on doing what one loves and is passionate about, not just something that turns out to be well paid. In addition, we must remember that obsession is the key to true success that can lead to being rich.

personal financial habits

2. Dream big, but start small.

Everyone wants great success quickly, but it is best to go slowly. First, you must optimize the process before trying to think big. The truth is that many successful entrepreneurs gambled big thanks to the confidence they had in themselves. Continue reading “5 habits that will make you earn more money in 2017”

Basic Tips for Avoiding Debt with Credit Card

At Christmas times people usually resort to any financing instrument to cover their expenses, however, if they are not used responsibly, they can become a very heavy economic slab.

An alternative to avoid debt during the holiday season or fall on the blacklist of banks for non-payment of credit taking credit card, is buying debt.

This purchase is intended for users of credit cards that can not pay off the entire debt taken. You have to take into account that the interest of credit cards, are not cheap, since it can reach 70% if you have made purchases.

avoiding debt with credit cards

We must also know that there are financial institutions that offer to buy the debt of the entity to which it owes at very low interest rates that can reach 13% and long term deposits, helping to pay each month the same quota. But is this mechanism recommended? Continue reading “Basic Tips for Avoiding Debt with Credit Card”

4 things you must do to save on Christmas

Christmas saving is possible only needs to be clear that you want to do and take note of the following tips that we offer below.

There are some difficult moments for personal finance where spending soars as is Christmas. Therefore, are some tips for these special dates do not become a serious headache?

So,. if what is intended is to save good money for the holidays, either to spend on gifts or to start the year saving, all you have to do is pay attention to these tricks will give below:

christmas savings

1. Save money on Christmas dinners

If you were to organize a family dinner, it is important early start filling the pantry now. The chocolates, turkey, pork, chicken and variety of sweets often find some discount in the first week of December. Upon reaching the Christmas season, especially in the first half of December, up. That is why should be planning now the Christmas menu, and start buying those ingredients that its price will rise exorbitantly. Continue reading “4 things you must do to save on Christmas”

5 tips for buying a car with the Christmas bonus

December is the month when banks and dealers offer multiple opportunities to buy the first car. This is because many will receive the bonus for Christmas, which is the opportunity to have extra money needed to complete the initial share of dream vehicle.

So we offer the following tips for buying the car is looking more efficiently and to ensure financial peace of mind in the short and long term.

1. Know the car is sought

It is recommended to make a list of the uses that are thought to give or needs to cover; for example, the transfer of the office to home, going out on weekends out of town, the appearance shopping centers, etc. This is necessary to assess how much displacement should have the car so it is better to have cars with engines between 1300 cc and 1800 cc, because although the car does not exceed the budget, it may be that long – term own vehicle expenses become inconvenient.

tips for buying a car

2. Consider the additional costs

Having a car not only involves walking and recharges the gas tank; you should also consider a budget of monthly salary to give the respective maintenance. Therefore, before buying the car you need to consider how much the care of it, because each brand has a different maintenance. It should also consider other extra – additional costs as SOAT, property registration, vehicle insurance and short – term maintenance. Continue reading “5 tips for buying a car with the Christmas bonus”