BOLD & SAVVY Magazine November-December 2016 | Page 7

7 THINGS YOU CAN DO TO IMPORVE YOUR FINANCES Winfred Burns Are you ready to transform your money? Are you ready to see your bank balances grow? Are you concerned about your retirement plan? Here are 7 Things You Can Do To Improve Finances. 4. CREATE PARTNERSHIPS 1. USE ALL THE TOOLS IN YOUR TOOLBOX. You may not have time to run a small business, full time but you can take over the payroll for a small business owner in return for a percentage of the company or a monthly salary. Many of us have been given gifts that we never use. We believe we are only good at what our employer pays us to do while our other tools (gifts) never get used. So you are an accountant but you also sit home and watch all the decorating shows because you love decorating. Start a business around decorating. Maybe you start a blog called the “Frugal Decorator” and teach people how to turn theiruse into a dream home, and they can hire you too. Use all of your tools. 5. FOCUS How often you go over your accounts is often a reflection of how well you are doing. Most who do well do so because they are very careful and know where every penny is going. Take an hour a week to look at your statements, your credit report and investment accounts. 2. QUIT YOUR JOB 5. BYE FEES Your employer has passed you over for the last three promotions and skipped you when it came to raises. It’s time to go somewhere that values your efforts. If you are working smart and going above and beyond yet still see no compensation, it is time to look for something else. Many refuse to leave due to a sense of loyalty yet this loyalty is not reciprocated at compensation time. How often you go over your accounts is often a reflection of how well you are doing. Most who do well do so because they are very careful and know where every penny is going. Take an hour a week to look at your statements, your credit report and investment accounts. 3. REDUCE EXPENSES TO THE BARE MINIMUM. Praise will give each person a sense of accomplishment and drive them to be better. When someone does something wrong, offer constructive criticism and do it privately. Suggest solutions on how they can improve. Take the time to answer any questions. They will be more willing to accept your input if they know your intention is to help and not to harm them. 7 NOVEMBER ☐ DECEMBER