The 10 Great Strategies On How To Improve Your Personal Finance Immediately

1. Know your current financial standing.

Before you can make any plans to save for any activity, be it for your children's education, retirement or buy that dream home, you need to know where you stand financially today. You may need to take the trouble of getting a financial planner if you do not know how to create a financial plan. If you do know how to create a financial plan then you can save a fair bit of money in engaging a financial planner.

2. Save regularly.

Getting into the habit of saving is a good virtue. You will never know when you are in dire need of that extra cash when unforeseen events happen like job retrenchment or a loved one becomes ill which requires a lot of medical attention incurring high medical costs. As a guide it is a must for you to have set aside 3-6 months of your current salary to meet emergency needs.

3. Control your cash flow.

No matter how rich you are, you must be able to control your cash flow. The simple rule is what comes into your pocket needs to be more than what goes out of your pocket. You need to be aware which item is giving you income and what is causing you to spend.

4. Reduce your expenses

Start by keeping track of your daily, weekly then monthly expenses. Find those expenses that are not a necessity and eliminate them. A good example of this is paying for magazine subscriptions which you do not read. When you have identified all these items that are not worth your dollar, you can greatly reduce your expenses by 25-30%. It is advisable to only have one credit card so that you can better track your expenses. Make sure you pay the full amount by the due date of every credit card invoice before it snowballs into an incredible debt.

5. Review your debts

As a rule of thumb, your debt incurrence should not exceed 30-35% of your total income. Gambling and vices are good candidates that can lead you into debt. Poor money management can also lead you into debt even you could have struck the 2 million lottery or inherited a big wealth from your relative.

6. Be frugal but not stingy

Only purchase goods when it gives you good value for your money. It is wise if you know when to buy something of quality and pay a premium versus when to buy something less branded but still serves the same purpose as a branded item. If you were to always choose the items based on cheap pricing, that item could fail in a short time causing you to purchase another, this will lead you into greater expenses than you originally did not anticipate. You will also be labeled as someone who is stingy, not willing to spend the money when it is absolutely necessary.

7. Review your investment portfolio

If you have invested in stocks, mutual funds …

How To Start A Realtor Sign Installation Business – Tips And Strategies

When you start a Realtor sign installation business, you have access to a wide variety of potential business sources from residential to commercial to vacant land. You will also need to establish the geographical area that you can cover reliably.

In considering how to start a Realtor sign installation business, the first consideration has to be arranging for the production of signage materials. To print custom logos and colors you will need to set up arrangements with a silk screen printing company. This is a specialized process where the pattern is created on fabric with a resist material, then ink is pressed through in multiple color passes. You are also going to want to arrange for storage of the completed signs in a covered dry area with separators to protect their surface when not in use.

The signs themselves are almost universally mounted on four by four standard construction grade Douglas Fir posts, apart from larger commercial real estate signs which occasionally may require four by six posts. The plywood for lettering should be plywood with exterior grade glue and a smooth PTS “plugged and touch sanded” surface on both sides. Half inch thickness should suffice for most applications.

You will need a good knowledge of the area to accurately locate the sign placements. A GPS device is useful here, and you will also want to be able to read County Assessor plat maps if you are going to place signs on vacant land. You will also need to check local sign ordinances in developed areas. Know the restrictions on sign placement in gated communities, within homeowner association controlled developments, and in all areas with covenants, conditions and restrictions (CCRs) such as planned unit developments or town homes.

You also need to have reliable transportation consisting of a full size pickup truck with wood separator fixtures fashioned to secure the standard yard signs during transport.

Once your production capacity and storage arrangements are in place but not yet activated, you need to secure your accounts. In addition to marketing to conventional real estate offices, you will also want to pursue the bank REO (real estate owned) departments that need to liquidate foreclosed holdings and the independent agencies that are selling foreclosed properties in bulk.

Establish your pricing and service by comparison with sign companies in areas adjacent to your service area. Much of your marketing will be establishing contacts in person with the real estate office managers in your area. Be presentable, be persistent, be cordial, and be businesslike. These people need to know they can trust you to promptly and reliably place and remove their signs.

Almost every business today can benefit from an online marketing presence. A digital camera can provide you with promotional photographs for your web site, and templates are available online to simplify the process of setting up your site. Be sure to include a call to action on every page to encourage your visitors to request an estimate by e-mail. Also obtain their name …