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10 Signs That You’re A Good Financial Manager

10 Signs That You’re A Good Financial Manager

It feels wonderful when someone acknowledges your work and the fact that you’re doing a good job. Conversely, sometimes you can become a severe critic of yourself. It could be tough to identify that you are not chasing rainbows, and you are on the right track. This is particularly accurate when you are trying to manage your finances.

There’s a whole host of guidelines, rules, guides, recommendations, etc. that you can follow. But the point to consider here is, how can you judge if you’re really good in financial management? You might be on the right track, even if you aren’t quite there yet. These 10 signs are great “road signs” to let you know you’re on the right path and good in financial management.

1. You have great credit

While your credit score is not the supreme factor of financial management, your good credit score indicates your solid financial management expertise. If you have excellent credit, it shows that you have minimal debt and always pay your bills on time.

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If you don’t use credit, you don’t need to get worked up about it, since there are other signs to know that you’re good in financial management.

2. You are proactive

A good financial manager always creates a monthly budget. Even if you earn a small income monthly, it doesn’t mean there is no need to plan for it. Indeed, you need a budget most, since you have very little or even no left-over cash that can go to savings which could eventually be utilized for a healthier financial future.

3. You save money each month

If you save money each month that means that you are on the right roadway. If you are saving some money in a rainy day fund and your retirement fund regularly, that is an indication of a good finance manager. If the situation is totally opposite and you can’t save “enough,” that means you aren’t managing your finances well.

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4. You prioritize things

A great money manager always schedules his priorities – which is the ladder needed to reach your needs and eventually your goals. If you are not putting off anything important and responding to emergencies it shows how good you are at managing your pockets.

5. You don’t stress out at the end of the month

If your stress starts bouncing up as the end of the month comes and you desperately wait for your paycheck, there is an honest probability that you simply aren’t managing your finances well.

However, if you aren’t worried at the end of the month about the money in your pocket, because you know that you can easily manage until the succeeding paycheck without any worry, you are undoubtedly doing something that shows how strong you are at managing your finances.

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6. You look for additional opportunities

You take extra time hunting for additional income streams or considering to invest part of the budget in other activities, or doing cost-saving activities. It’s undeniably fruitful to achieve your goals and proves that you are good in financial management.

7. You pay bills on time

If you are paying your bills on time, or you don’t adjourn paying your bills, that’s a strong sign that you are managing your finances properly.

8. You understand your insurance policies

There are many mechanisms to an insurance plan. If you do not have extra expenses and understand components of an insurance policy then you are on the right path. If you are spending too much each month for something you don’t need or want, then you need to work on your finances.

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9. You have no liabilities

If you own a credit card and you are actively paying off your credit card bills at the end of each month then you are certainly a good financial manager. The element of being able to live within your resources, avoiding liability, is a good emblem.

10. You manage all your liabilities

The existence of liabilities doesn’t mean that you are bad at managing finances. Certain types of liability are acceptable, like car loans, house loans and education loans, as long as they are manageable.

Additionally, if you are keenly realizing a debt reimbursement plan, you are probably doing just fine to manage your finances.

Get it together and make a difference for you and your family before your option to choose is replaced by the intestacy laws of your state.

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Last Updated on August 15, 2018

30 Fun Things You Can Do This Summer Without Spending Much

30 Fun Things You Can Do This Summer Without Spending Much

Summertime can be a real strain on your wallet. The sun is out, there are people to see, places to be; it’s no wonder you might be short of funds during these sunny months. Not everything has to cost you an arm and a leg.

Take some time to go through this list of 20 cheap summer activities and make some realistic goals to complete as many as you can.

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1. Visit a strawberry festival

Summer is prime time for tasting strawberries. More often than not, an area that grows strawberries will have a strawberry festival. Indulge yourself in strawberry pies, jams, cakes and more!

2. Have a picnic

Take your partner or your family to the local park and enjoy a relaxing picnic. Designate each person to bring one food item of their choice to add to the fun.

3. Camp in your back yard

    The summer heat can sometimes make it hard to sleep. Why not enjoy the heat outside in the yard? Pitch a tent or gaze into the night sky.

    4. Take long walks

    Discover something new where you live. Take the afternoon off from your chores and go for a long walk. You may be surprised by what you discover.

    5. Break a world record

    Breaking a world record doesn’t have to be time-consuming. You could even break one on your lunch hour. Give it a go!

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    6. Go on a bike ride

    The number of bike paths on roads in big cities has increased dramatically over the years. Take advantage, and enjoy the summer breeze.

    7. Join a gym class

      The gym is not everyone’s idea of a good time, but why not go with a friend a join a class? Spinning, yoga and step classes are always more fun with friends, and a lot of gyms allow you to pay-as-you-go.

      8. Find a new hobby

      The summer is the perfect time to find a new hobby. Serotonin (our body’s natural “happy” hormone) is produced by the sunshine and will be at a yearly high, which is great for when we want to tackle something new.

      9. Join a sports team

      Not all sports teams are competitive and require huge amounts of your time. Join in the fun with like-minded people, get fit, stay healthy and make some friends along the way.

      10. Make a slip ‘n slide

        Gather your friends, some plastic sheeting, a hose, washing up liquid if desired, and make a huge slip ‘n slide just like these guys. Granted, yours won’t be as big, but you get the idea… it’s fun!

        11. Make a treasure hunt for your kids

        Today’s digital world sees our children more often than not playing inside than outside. Why not create a sense of adventure by making a treasure hunt? Only rule? It has to be outside.

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        12. Visit a free festival

        Towns and cities are awash with free festivals, with themes from film to science. Scout your local area and discover something new.

        13. Visit the zoo

          Let’s face it: we love animals. While browsing news websites and social media networks you’re bound to come across a few pictures of cats. Take a trip to your local zoo for a better experience.

          14. Take a road trip

          Enjoy the open road with a few friends and take a road trip somewhere–anywhere. Just go out and enjoy the sunshine!

          15. Play ultimate frisbee in the park

            Frisbee is always great fun down the park, but why not turn it into more of a competitive sport by playing ultimate frisbee?

            16. Make your own ice cream

            Ice cream is a very versatile dessert. Make a sandwich, enjoy a cone, or simply just enjoy a bowl full. Better yet, making your own ice cream allows you to create any flavor you want.

            17. Invite your neighbors over for a BBQ

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              When was the last time you invited your neighbors over? Do you even know them? Now’s your chance. Just ask each person to bring a food item so costs don’t mount up for you.

              18. Get a summer job

              For many students, summer is the time for relaxation and fun. But who said earning money and being productive isn’t fun? You only get out what you put into a situation.

              19. Attend a charity event

              Attending a charity event is a great way to raise funds and awareness for a cause, meet new people, and generally have a good time. Search for your local charity event today.

              20. Visit a national park

              National parks are a great way to explore nature and learn something new. You could even volunteer and make a difference in helping restore natural habitats.

              21. Visit your local comedy club

                Local comedy clubs are extremely underrated. They are cheap to attend and no doubt you’ll have a barrel of laughs.

                22. Make your own hammock

                  Hammocks are very relaxing, are perfect for summer afternoons and are surprisingly easy to make.

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                  23. Read in your new hammock

                  Now you have your very own hammock, the only thing left to do is enjoy it. Grab your favorite book and read to your heart’s content.

                  24. Watch a movie outside

                  Movies are great. Relaxing outside in the evening is great. Put them together and you’ve got a perfect combination. In D.C, Maryland and Virginia this summer, for example, you can enjoy a huge number of movies outside.

                  25. Take a hike

                    Hikes are a great way to keep fit and see more of Mother Nature. There are countless trails available for you to explore. Why not try some this summer?

                    26. Learn how to fly a kite

                    As a child, you probably had a kite and haven’t touched it since. Why not dust it off and attempt to fly it? It’s tricky, but well worth the challenge.

                    27. Work out at the park

                    American cities are full of parks with ample space for a work out session. No doubt you’ll be happier to work out in the sun rather than a crowded gym.

                    28. Take your dog to the beach

                      One of the many joys of owning a dog is taking him or her for long walks during the summertime. This joy is enhanced when visiting the beach, for both you and your dog.

                      29. Make a summer smoothie

                      Healthy, delicious and perfect for the summer. Not only that, there are countless recipes ready for you to try.

                      30. Attend a free yoga session at the beach

                      No experience needed and all skill levels are welcome. Take yourself and a buddy down to the beach and try some yoga. You’ve got nothing to lose!

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