The world's "one percent" is depicted as
"evil and corrupt" but in truth their ideas involving financial
management is nothing short of genius -- with a slight hint of OCD. As with
anyone who can financially manage himself or herself well. Should things go
beyond their control, they would ask peers for help.
And we need to know how they help themselves to improve
their savings. Here are a few things they do to ensure their money grows in
2017 effectively.
Wealth Spread
Crown Global insurance Group Co-Founder Perry Lerner creates
a spreadsheet of all his accounts, assets and liabilities making it easier for
him to organize things he owes, owns and need to remove. A spreadsheet for your
own liabilities is greatly important for good financial disposition.
Emergency Funds
Having emergency funds is a must for any time you might get
unemployed or sick. But having emergency funds for investing is also a great
thing to have. But before you invest, make sure you understand your financial
goals, risk tolerance and assess whether your overall financial situation
enables you to invest.
Be Observant
Attention to detail has never failed to supplement anyone's
success. For Tiger 21 member Perry Lerner, that also meant to discuss with
peers or financial advisers how he can improve his finances better. Services of
financial planners can help investors see details seen by a professional eye.
They may cost for their services but they will make sure to improve your
income.
