BG7 - Financial Rules

Page 1

2013

10 GOLDEN FINANCIAL RULES

Comenius Multilateral Partnership: Bulgaria; Estonia; Greece; Italy; Northern Ireland; Poland; Portugal; Spain; Turkey; England.


Rule 1: Plan your future Dedicate some of your time to write down your financial goals and also your financial plan to achieve them.

BULGARIA Kremena – 6 years old- she would like to invest in her education. That’s why she is going to the kindergarten every day.

She will be a student next year.

After school she would like to go to the university.

Her dream is one day to be a teacher and to teach in school! She is working hard to make her dream come truth! She have a piggy bank and every week she is putting there money to help her parents with the fee!


Rule 2: Do not expect a trade-off Be wary in what concerns to ads, sellers and other financial offerings that promise something for free.

ESTONIA


Rule 3: Start Saving Early The sooner you start saving greater will be the resources you will be able to accumulate over time.

GREECE


Rule 4: Make a budget Make a budget to identify your profit and unexpected expenses, including your savings. The budget will guide your actions.

ITALY


Rule 5: Plan your purchases You cannot have everything at once, but when you want to buy something for yourself plan how to buy, where and when.

NORTHERN IRELAND


Rule 6: Do not borrow Do not borrow unless it is really necessary.

POLAND


Rule 7: Be careful with your passwords and card codes It's a problem if they are discovered by malicious people.

PORTUGAL


Rule 8: Spend less Find out all possible ways to spend less electricity, less water, less costs with transports, less paper.

SPAIN


Rule 9: Establish priorities We need to know how to save for the things that really matter and stop spending on what is superfluous.

TURKEY


Rule10: Pay your bills on time No charges for late payments, interest or even phone calls asking for the settlement of accounts.

ENGLAND


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