In 1989 the Berlin Wall. This was one of the most important events in world history that the end of the industrial era and the beginning characterized the information age.

The crisis we experience shows us that at the end of each stage there are people who move and those who cling to ideas of the past and still have the hope that the financial security of liability the company where you work or government.

Most of us are focused on safety. That’s why we can control stable jobs, career security, small business and we believe that with the best strategy for investment diversification.

We do not get the money to hire tenure, salary, etc. We will continue our explicit “creativity.” In other words, work less, earn more and do things that are important to us. (more…)

we found this article by Brian Tracy and I will bring you one-step further in building your financial intelligence.

One of his main goals in life should be financial independence. You should aim to reach the point where you have enough money so that you never have to worry about money again. The good news is that financial independence is easier to achieve today than ever before.

1 . The Law of Abundance
We live in a universe in which there is enough money for what they really want and are willing to obey the laws governing its acquisition. People become wealthy because they decide to become rich. People are poor because they have not yet decided to be rich.

The world is full of thousands of people who have struggled to overcome much more than you ever imagined, and become successful anyway. You can too.

2. The Exchange Act
Money is the means by which people exchange their labor in the production of goods and services for the products and services of others. The amount of money you earn is the measure of value than the others on their contribution. To increase the amount of money coming out, they should increase the value of the work you put in

3. The Law of Capital
His valuable assets in terms of cash flow are the principal physical and mental, you are earning capacity. How much time is put in and what he himself was at that time, largely determining their ability to earn income. Time and money can be spent or invested. If you invest, your time or money on increasingly better informed and competent, you can increase its value.

4 . The law of Decline
The most successful people in any society are those who take longer considered in their daily decisions. Your ability to exercise self-control, self-control and self-denial and sacrifice in the short term to enjoy more benefits in the long term is the starting point for a long time.

5 . The act of Saving
financial freedom are people who save 10 percent or more of their income for life. The savings are now safe and the possibilities of tomorrow.

6 . The law of conservation
There is much to do, but how you keep that determines your financial future. The real measure of how you really is how to stay out of the winning amount.

7 . The law of Three
There are three legs on the stool of financial freedom: savings, insurance and investment. One of its main responsibilities for you and people, who depend on you, is to build a financial fortress around it during their working lives. To be fully protected against the unexpected, you need liquid savings equal to two to six months of normal expenses.

8. The Investment Law
Before you invest. This is one of the most important of all laws of money. You should spend at least as much time studying a particular investment you are doing to earn money to put into this particular investment. The only thing easy about money is losing it. If you think you can afford to lose some, you lose a lot. Investing experts only with a history of success with his own money.

9 .The Law of Magnetism
The more money you save and earn more money you attract into your life. The law of magnetism has been written over 5,000 years. It explains a lot about success and failure in all areas of life, particularly in the financial field. The more positive emotion that you associate with your money will attract more opportunities to acquire new ones.

Action

Take time each day, weekly and monthly to reflect on their financial situation and seek ways to implement their finances more intelligently. The longer you take to think intelligently about its finances, the better decisions you make more money and think.

Financial statements are important because they can help to both uncover problems and identify corrective action. The most important financial statements are the balance sheet, the profit and loss (income) statement, and the cash-flow statement.

A balance sheet is nothing more than a list of the accumulated assets and liabilities incurred by the business. The difference between the two represents the net worth of the business. The profit and loss basically answers the question, “How did we do?” and the cash-flow statement answers the question, “Where was the cash used?”

Understanding these statements is crucial, since they all tell you what’s happened in the past. But more important from a management perspective is what’s going to happen in the future. Therefore, developing both a profit and loss forecast plan and a cash-flow forecast plan is essential to making the historical data more meaningful.

With a forecast in place, you’ll have the ability to get data (via your financial statements) that tells you how you did compare with your plan. You should also be able to figure out what went wrong and how to correct any problems.