Financial Survival Kit for Freelance

Posted on by
Reply

When you’re freelance, you have many freedoms: of time, types of work tools and until one can afford to customers choose. No doubt very attractive to many. But it also involves a number of responsibilities that hardly anyone contemplated, at least at first. So if you’re thinking of getting independent (or already are) here are the basic survival kit that every freelancer should have:

1. An emergency fund. Ideally covering from 3 to 12 months of your expenses. This is CRUCIAL because at least in Mexico, payments are rarely counter-delivery and hardly get paid when due on a receipt (this applies to much larger companies. With SMEs may be less time). In any case, if you calculate pay the phone bill when the X client release the check on the date promised, the chances that you cut the line are high.

2. Insurance. In business it is common as providing health insurance to give greater and sometimes of life. The freelancer has to take care of these expenses on their own and also thoroughly investigate which are the most appropriate, revise policies, what is covered, what is not, and so on. And do not think that is more “economical” go without insurance because it is healthy. It is exactly the opposite: if you’re young and healthy is the ideal time to hire both safe.

3. Own Retirement Savings. Another crucial element that we work on our own. Who will take care of our golden years? for us. There are different tools for saving for retirement, from insurance to investment funds. Very convenient to deduct a percentage of annual revenue. (And is that when you give bills / receipts all that much help can be deduced).

4. Speaking of Less: A good accountant. He is responsible for advising you to file monthly and annual how to be discharged, developments in the law and above all as legally deduct taxes. Invest time in choosing your accountant, interview a calm and make sure its ethical guidelines are similar to yours.

5. Holidays, but if planned. A common misconception among freelancers is not taking a vacation. As one who is in charge and often seems that the work never ends, we are very easy to follow (as a thread on average) until they take it anymore. And then when we go on vacation, we realize we have no money. The self-employed must schedule your vacation both time and cash. Select a season that is not of much bustle in your industry and a full week away. If you can, choose the location in advance and book tickets. This is very useful for 3 things: 1. The more advance, the better chance that the trip cost less, 2. once reserved tickets can not postpone it! and 3. have time to save money it will take no bite you give to your emergency fund. It is essential to learn to relax and unwind.

6.Ten a special place to work. Unless you’re very disciplined, I do not recommend working from the bed or the TV room. Designate a special place in your home (if you do not have office) to work and ask your family not interrupt you all the time with things like: “Honey, do you want to go to the cleaners?”, “The child wants spend some time with you “, etc.. Preferably keep the place tidy as possible (the amount of time looking for things lost one).

7. Take care credit. If when we are employed, we fall easily into the “right now I tarjetazo, but in the fortnight repongo me” having a secure salary, when you’re freelancing is much more tempting to spend the Card “on what the customer pays.” Total says one, I worked as I should. Do not fall into that mistake because as I said earlier, the customer will hardly pay on the date you expect. And that could mean a lot of money in interest!

8.Aprende finance. No need to study a master or learn complicated terms, only the bases. There are many free courses, very good reading on the internet and of course, the magazine you hold in your hands. It is pointless for you hard work and earn good money if you can not keep on your side.

Funds are often chosen as an investment

Posted on by
Reply

Oftentimes, consumers at the fund, if it comes that they want to invest their money. Arguments are mainly suggest that funds are a healthy mix of risk and potential return. So you deserve with the most funds tend to be more than the interest on a fixed or savings account. At the same time the risk is on average not as high as for individual stocks, because it is scattered in various securities funds.

Furthermore, in comparison with classical shares very positive that we need to take care of fund investors as almost to nothing. Finally, the fund is invested in the manager decides what securities specifically. It even gives the choice of the Fund, only the general direction.

A good selection of funds (some with discount) can be found on http://www.fonds.net. Here are a variety of mutual funds are presented and compared on the basis of different aspects with each other. Thus, it is not difficult to find the right fund on such sites. And as you can on various accounts http://www.fonds.net compare with each other. This one needs to define and that is to get funds.

Another key factor here are for consumers again and again, the nasty custody fees. Under http://www.fonds.net/depotvergleich.html You can take the various depots under very close scrutiny. It should be remembered that the apparently cheapest (free) deposit must not be the best. Although it is in principle to have once caught a toll-free positive depot, but a lot of trades back and forth, the more the cost per trade is crucial as a possible basic charges.

So it depends on what is a kind of investor you to judge whether a particular deposit is suitable or not. As with the comparison of funds should also differentiate very precisely.

What if we managed to fulfill your financial dreams?

Posted on by
Reply

The dreams are those things that all have that seem unattainable. Perhaps you say happened to you “if I actually achieved my life would make them very different.” Having enough money to stop working for someone else to start a business and be independent, to buy the home of your dreams, the car of your dreams are just some examples of things that haunt your head. You might feel that some things never will eventually be available to you. It seems that everyone dreams of but very few are actually ready to see their dreams come true. That, unfortunately, is very common in some people.

It’s really cool to have dreams but it is best to achieve them and make them reality. Hence comes the question that the title of this post. Some people fail to achieve their dreams because they do not really spend time thinking, and feeling that can come true at some future time. Others because they know what they want. Already you about a video how to contact your financial dreams so you can get through this time. Today what I’m saying is that passes to the next stage, to think and feel that it is actually possible to make. I want to begin to imagine how you feel and how would your life if you manage to actually realize your financial dreams. Surely your life would change for the better. That’s why I ask you not risk carrying out this little exercise. Do not be afraid to face the frustration of the past feel that they were unattainable dreams.

After feeling what would happen to your life to achieve now I ask you to take action. A small action that moves you toward achieving them. A few days ago I discovered a 31-day plan to achieve the best years of your life. Quidam is the blog and is led by its director Monica Diaz. It’s just an idea that can serve because it requires action. What I propose is action to move to achieve your financial dreams. Po that after a while you are people who do manage to achieve them. Of those who paid the price for a better life and to know that can be realized step by step. Little by little. You leave behind the eternal frustration about not having enough money for what they really want.

I have been fortunate to see people’s faces when they achieve some financial dreams in the past was just that.  When I delivered savings insurance for college education of children, when I delivered the savings of an endowment that would serve to buy a CAS or to hitch a. What I say is that the attitude of people changes radically with the achievement. I want to help change your life for good. You’re one of those people happy because they managed to scrape together enough money to get what they wanted. Of those who realized that money is only a means and not an end, because the most important is that his attitude was the key to achieving them.

If you do not know where to start taking action. If you want to know all that saving and investment insurance can do for you and help you achieve those dreams you’ve always wanted, come to me. I can help you clearly define what you want and what is the best insurance for you, that you actually can better achieve your goals. I can give you Remember that a one-hour session on Skype for it. ‘ll Be glad to help. In the contact tab You can find all the means by which you can contact me. Use the one you like.

How to add the benefits of 176 and 218 with retirement insurance

Posted on by
Reply

The recurring question that I receive, with respect to retirement insurance tax deductible, is how to add the benefits of Article 176 and Article 218 of the right way? That’s why I wrote a series of post and recorded a couple of videos to explain the Article 218 and another where explain the 176. Were still some doubts. Expected before the end of the year could do a webinar to explain it. The time I won and then I decided to make it more practical and resolved to “live” through Twitcam. What you see here is the recording of the song with doubts that they were giving some of the attendees. I hope you find it useful. I recommend that if you see her do it with time. It lasted almost an hour and I think they could save at least 30 minutes.

Do you want a quick idea of ​​how to add both tax benefits?

Talk about a person who makes 200mil pesos a year and want to save 30mil per year for retirement and insurance hiring a PPR (Personal Retirement Plan) affects 176. In this case the maximum you can deduct is 20mil pesos a year. Why? Because the article says you can deduct 10% maximum annual income. While there is a ceiling of maximum 5 Monthly Minimum Wages General geographical region where you live, and reached the first stop. I could not make deductible, with the same insurance, the other thinks 10mil pesos save each year for retirement. What can you do? Save them in an art surely affect the 218. Which allows you to deduct up to 152mil pesos annually. It means that in this case the maximum that could be deducted each year, with both retirement insurance, is 172mil pesos.

You can purchase insurance for each item or you can hire one that contains both benefits in one. In my opinion the latter are a bit complex and time-consuming to understand. There are insurers and managed well. My recommendation is that it is better to have them separated.

We explain the case of a person who makes 500mil pesos a year. She can make 202mil pesos maximum annual deductible tax benefits adding that give both articles. 152mil pesos for 50 thousand pesos Article 218 and by Article 176. As you can see the tax benefits that you can add depends on your annual income and what you are willing to save in retirement insurance.

What article is best?

None. Both have different tax benefits. For some reason, you can add. The most important thing is that you can make a planning of the amount you save each year, which determines how you would like to retire and finally what the best tax strategy to follow, so you can maximize the benefits.

I will continue to stress the importance of saving for your retirement. I will remain insistent on this and also explain the subject as often as necessary and the media have the greatest impact on you. If you need advice about do not hesitate to contact me and use my experience to your advantage. Remember that blog reader because I can give you a 1 hour session SKYPE. It will help you determine your needs and saving capabilities. I can guarantee it will be very helpful, or you can contact me with your particular case in any of the means that are in the Contact tab of this site. It will be a pleasure to help you get the best possible removal.

Life Insurance, Families and Economy

Posted on by
Reply

If there is a financial instrument that is difficult to be accepted in a good way for people is the life insurance. It is usually a concept that can be directly related to death. Feeling that you must die for someone else, it’s not you, “enjoyment” of money is something that may sound weird. Viewed in this way is a feeling that is hard to assimilate and consent to their necessity in our lives. Did you past? is very likely. Very few people get up one morning thinking “Now I am going to buy some life insurance.” No, that does not happen. Most of the time this insurance are hired because someone convinced of its importance. To say that forced them to hire them after a long process of persuasion.

After more than 15 years of working as an insurance agent I have found that people do not like to talk about life insurance. At least not in the traditional way, and not because they have little education about it, I think that’s the way it is explained to them the idea. So I gave myself the task of finding a simple way to explain how important these policies, not only for yourself, your family and also for the country’s economy. Something to help you have another view on the subject, to give you a different approach to the real importance of these financial instruments. This is how I found this video that I put here to support what I want to explain. If you have not seen you ask to do so before reading further. It is important as I will explain below.

In economics there is something called Circular Flow of Income, which explains how the money is moved within the economy of a country like ours. In a circle, where family business and government interact by exchanging factors. Families like yours and mine play a major role in the scheme circular. They own a working capacity which is given by what you do (knowledge) or you can do (physical ability), which are traded companies for money. That money is then used by households to purchase goods and services to businesses. In an ideal system families do not spend it all. Save a portion, which is “injected” into the financial market and in turn to companies. Over time these savings back to families with a profit. Paid by companies.

In its most basic families have one or more suppliers who are responsible for sharing with companies that work for money. That’s where life insurance plays a role. First for families and logic to circular flow of money that does not stop. Imagine that the providers or families something happens. As a death or an accident that left unable to work. The family lost one of the important pillars. This will cut out a part or all of the flow of money income for her. Allowing them to purchase basic goods and services. Does that sound hard? Well, this is in reality.

Thus, life insurance plays an important role within this circle. Ensure that the flow of money to the family to continue, even after the main supplier died or invalidated completely to work. Hence its value to families and the economy. Finally it is they (the families) the basis of the whole system. Without the income they spend and save anything is possible. That is why we think of life insurance after thinking about it, does not sound so distant. You can make tangible benefit that represents, first to you because it protects you from suffering an economic death and then to your family if you suffer an early death. Is not no longer looks different? I hope so.

Remember that I can help you define what life insurance is for you. Through a one-hour free session on Skype can assess your needs and the best solution to them. In the contact tab You can find the means to do so. Choose the one you like.

Savings, insurance and financial goals

Posted on by
Reply

It is a fact that everyone future financial goalsnow seem unattainable. Sometimes we avoid thinking about them because we think are impossible. We became convinced that it is better not to try.Gradually we began to ignore them. Thus they begin to enter our basket of “things impossible to do” Did you past?It is likely. It happens to most people. I could tell that it is common. That’s how we abandon more than half of our financial goals. This is how we begin to think it is better to spend than save. Starts self-boycott and then comes the worst: Resignation that never make it.

The premise of saving money is the reward for postponing buy something today, to get something better in the future. It is essential that in your case this assumption is fulfilled. If you can not get something more than the fact of waiting, you’d better spend your money today. Much better to receive the reward today. Saving should be motivating for you. You must have a future financial goal that you “promise” you’ll be better than today. That goal should be large, so that today you do not have access to it. Does not reach you with what you have. But that time is possible if you earn and save some money on a regular basis.

It is likely that once you’ve caught thinking “Why should I try? it takes much time and money to achieve it ” For I have news, financial achieve your dreams may be easier than you think. It requires, first, a strong desire to actually achieve them. Secondly, it is advisable to divide the big goal into smaller parts so that you feel and see that are likely. That way your brain feels as feasible and possible. Finally, you may find half that will provide it. It can be a savings, a financial instrument or a person. The goal or dream is to represent you a great reward if you succeed. It must be so large that motivates you to move towards it. To take the steps necessary to achieve them. One at a time.

Now I ask you Do you know your financial dreams? Yes? Congratulations, you’re the lucky few that is clear. I invite you to do everything possible to achieve them. No? Well, I ask you not to worry because there is a way to discover or get in touch with them. I invite you to perform an exercise, write a blank the question What if money were not an issue? Now I ask you to answer. Answer whatever comes to mind. Do not you wonder. Avoid thinking about how you’ll achieve. Let the answers flow. What are your dreams put there deeper financial. This little exercise is putting you in touch with them. How powerful it is. Pick one. The one you like and motivates. Now write and answer the following question:

What am I doing today to make this possible?

I guarantee that the answer is you take more than just think and dream in vain. To know that there are castles in the air. This year I have done over 100 times and I assure you it works. Now imagine what you would feel if you can do it. If you can visualize how you would like to go with full color and high definition. You’re making your actions lead you to him. So to hear the waves if you want a trip to a beach. No kidding. Now the reward is worth it.

What are the guaranteed savings insurance

Posted on by
Reply

One of the most common questions I get insurance and guaranteed savings. Perhaps you have the same doubt. In this video I seek to explain what they are and why falls into that category. This type of insurance you are guaranteed in writing and from the beginning, you will receive an agreed amount. Using a known leaf Guaranteed Value table will be formed know how slowly your savings. Besides the protection it can give you each one. In my opinion there are three types of insurance that fall fall into this category:

  • Endowment
  • Educational
  • Guaranteed Withdrawal

In all thy covenant with the insurer to receive a specific amount of money at a time. For example receive 1 million pesos adjusted for inflation in 15 years. Moreover, all they give you protection for death since the contracts. The minimum protection you get is by the same amount as agreed. In some cases, such as insurance, education, protection may be even greater than the savings agreement.

This type of insurance are excellent for this type of financial goals you want to achieve no matter what. Everyone has a feature. Are guaranteed and level of risk is zero. This point is very important because you get your savings is not subject to fluctuations in economies that the country or the world face during that time. That this is its great strength.

In last post I told you about the importance of save on insurance. I have also talked about what type of financial goals are ideal endowment. The importance of saving for retirement can not be ignored. All these objectives can be ensured by such insurance.

The goal to write and speak on the issue of savings is safe for you to know that we want to help in the future have enough money to meet your goals. I’m looking for help to meet all these goals that are now just a dream. I want to help you create, so guaranteed, a heritage that today do not have. In over 15 years I have been fortunate to deliver this type of savings and I can tell that the feeling is indescribable. Knowing that my insured are achieving their goals through a little, once we define it and decided to make these savings. Wanted you to be part of that. Come to me in one session can define your goals and the best insurance to help you comply.

The PP reform the labor market, with or without the social

Posted on by
Reply

The polls have spoken very clearly, asking for a major change in the management of the country. The Popular Party has achieved overwhelming absolute majority and from this moment will have the difficult task of turning around and disturbing the unstable economic situation, social and labor of the country. This will be essential to start taking steps to encourage job creation. The primary objective of the new government will be drastically reduce the current unacceptable unemployment rate. This will also aim to encourage fundamental entrepreneurship.

The power that the polls have given the People’s Party lets make a major labor reform. Mariano Rajoy himself in his first speech after the victory reached out to other parties, social partners and citizens to reach agreements of State, Which lead out of the current crisis. It is also about making markets and other countries back to trust in our economy. But as said today the Minister of Economy and Labour of the PP, Alvaro Nadal, the new Government will do what they have to do in terms of labor reform, with or without the support of other social actors.

The new Cabinet has requested cooperation from around the world, but if it does not happen will take steps that citizens are demanding, since the process can not be perpetuating, because Spain now need urgent and drastic measures, which involves a labor reform as it has been shown that, as currently configured, the Spanish labor market does not work, more than 5 million unemployed and many people who are in precarious situations. It’s about creating jobs and that the new government must be firm, although this may lead to decisions that do not like unions.

In addition, the PP is intended to eliminating subsidies that nominative currently received by unions and other social organizations as a grant must be a competition open to everyone. It is clear that the current situation forces us all to tighten our belts, not spending more than you have, but that means it will make cuts, which was the main weapon used Rubalcaba election, and it is clear that stalled among citizens. It is control spending, while keeping unchanged the education and health. These meet the new principle of budgetary stability introduced in the Constitution, but without raising taxes, because the situation is for citizens to pay even more.

One hopes that unions and employers think about the collective good and work with the new executive to find the best solutions for the economy and labor market in the country.

And auto insurance coverage types

Posted on by
Reply

Currently when you search for auto insurance, you encounter a wide range of options so that it is very difficult to choose one. It seems that the premium or “price” is the one who ends up having the last word. This video was recorded over a year ago and the intention is to help a little to understand the types of auto insurance that exist. Which in fact can be categorized into three types:

1) Wide Coverage

2) Limited Coverage

3) Liability Coverage

Currently there are variations on these coverages. Regardless of the name of the insurer will undoubtedly fall into any of these three packages. There is broad coverage that contemplate some extra coverage these are classified as Large Plus for example.

The packages are so called because they include a number of independent coverage if each of the options. Usually there are seven coverages including the broader package. Of which are armed the other packages. These are usually:

1) Property Damage: Covers damage to your car and usually has a deductible. 5%

2) Total theft: Covers theft of the car and your deductible is usually 10%

3) Crystals Top each glass separately car with a deductible of 20% of glass

4) Persons and Property Liability: Covers accidental damage you cause to people or things and not deductible for individuals.

5) Extent of Liability: It protects you from driving any car. No deductible

6) Medical Expenses to Occupants: To protect from physical damage to your car’s passengers. That is your responsibility to manage. It is no deductible.

7) Legal Defense: It gives you an attorney and an amount of bail in the event of an accident where you could be arrested. There is no deductible.

What in this video is generally and what you want is to help you understand a little better the structure of your auto insurance policy. It is not detailed. For details I recommend you read the Terms and review your insurance on the face of your insurance specific conditions under which the contractor. It is important to know the details of it and be familiar with the real scope of your insurance. That will give you certainty of what to expect.

It is recommended that before you worry about price have a good coverage for yourself and any damage you cause while driving your car. Do you have questions? Need insurance for your car? Approach notros. We can help you have good coverage with an affordable premium. Remember that in the contact tab are the means to come near us.

Care insurance-the old man in us all

Posted on by
Reply

We all carry within us an old man or old woman. Almost no one likes to think about it. We all want to be young and beautiful forever. The elderly often seen as the autumn of life and what follows is the cold winter. In Mexico we have a reputation for many things and among them from being a little proactive.

I invite you to do an exercise. Think if your grandparents had more than 5 children. Now tell me if your parents had the same five or less. If you have kids tell me if you have more than two. If you do not tell me if you think you have more than two. Without being Bujo, psychic or something, I say it reflects a reality in our society. Before the parents did not save much because most of what they did was aimed at keeping these five or more children they had. Then, when they reached old age these children could take care of them. A rare thing it seemed, unintentionally, that the children “Paid” to the parents of that child support.

It may sound weird but that was. Or so it is still in some cases. A reality is that you only have a future, if ever, two people who can take care of you. I invite you to answer me a question Do you think the name of a person who would take care of you in old age? or tell me Who would take care of you in the event of a disability? If you said now tell me the name How long do you think you can take charge without being a problem for her? Strong but necessary questions. Listen to some of them recently and made me think that rarely or never think or know who would that person. But we do not know if having a long life, disability or prolonged, it has become a burden on that person.

I’m sure anyone would like to end up being a burden to anyone. Whether it’s a small or large loads, it will be a burden on the end of the day. I think if you asked you’d like to see independent feeling that do not depend on anyone financially. That’s why we also say that according to statistics, and life expectancy of Mexicans live more years than you expect. You’ve, but did not want, an old man inside of you. How would you like to live? You alone are responsible for it. You must do something today for the possibility that your life be long. Start saving on insurance. Leave the excuses behind. Your future depends on what you do today.

All week I have spoken as some of my insured have decided to take action to address this concern. As you have to realize there are annuities for every budget. For example Plus Optimaxx you can save from $ 1,000 a month for your retirement. They are also annuities with guaranteed savings, which also include death and disability protection for the entire term savings. You know the story of Diego, of Joseph and the Ernesto. I told you about how we help them identify their real needs and solve them in a holistic manner. Also the story of my friends waiting live many years

I know you want a better future. So you’re reading this blog. That’s why you get here. Contact me for any of the means of contact tab and give you a free session free SKYPE to help define your needs and the choices you have to resolve in the best shape.

Related Posts Plugin for WordPress, Blogger...