Globally, demonetisation is now a trend. Consumers are using
applications such as Paypal or their credit cards to purchase items worldwide.
Couriers are working efficiently to deliver items to one's door at a guaranteed
time. Finances can instantly disappear under a consumer's nose if they do not
monitor them properly.
In 2017, it pays to know about technologies that help you
manage your finances and having the right attitude to handle your money.
Discipline is still important along with a certain few others.
Mind Your Retirement
Always save up at least 40% of your salary for your
retirement. State retirement plans look more promising than corporate-provided
plans. Also, private retirement plans are great to look into. An ideal
percentage to set aside from your monthly income would be 50%.
Emergency
In any case, always have at least 3 months worth of income
with you at any time. You could lose money immediately to an emergency. One
should always have money at the ready for any emergency involving health or
unemployment.
Think Progressively
Financial technologies that exist today are still in their
infant phases. Banks offer your accounts an online way to manage your finances.
Look through your options and understand how they work; they can help you
monitor your spending especially if you are a savvy buyer in online stores.
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