Metatron Global Fund Mauritius Company Reviews
Summary: Metatron Global Fund is a Private Limited Company in Port Louis, Mauritius.
Organisation details
LEGAL ENTITY IDENTIFIER
CITY OF REGISTRATION
COUNTRY OF REGISTRATION
STATUS
LEGAL FORM
Metatron Global Fund
254900IEEF0AGN794V80
Port Louis
Mauritius
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Company Limited by Shares
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Receiving advice on personal finances is often a bit confusing, as terms that are not so common are introduced. For this reason, the following list is focused on making things easier and obtaining the best keys to manage your money well.
It is very difficult to get to a place if you do not know where you are going. The first step in managing your money well is knowing what you want to achieve with it. Goals should be short, medium and long term.
2. Identify all of your income
By identifying where your income comes from, you will be able to assign a better value to your time, so that you can dedicate special attention to the activities that make you earn money.
3. Make a list with all your expenses
Making a list of all your expenses is one of the most important points, as it helps you realize what you are spending your money on and how much you are spending. If you have a hard time, you can help yourself with technology, as there are mobile applications to write down your expenses.
4. Divide your expenses into fixed and variable
Fixed expenses are those that allow you to survive; Variable expenses are those related to your lifestyle. Making the difference between one and the other will help you know what activities you can avoid spending money on.
5. Consider how to reduce, as much as possible, your fixed expenses
Fixed expenses are, for example, rent, electricity, water, food or gas. Spending less on fixed expenses is possible, because you just have to become aware of the use you give them and identify if you can save a little on them.
6. Consider eliminating as many variable expenses as you can
Variable expenses are those that are not necessary to survive. To reduce them you must eliminate those that do not pay positively in your life.
7. Analyze if you have a positive balance at the end of the month
A positive balance is that at the end of the month, your expenses are not greater than or equal to your income. To find out what type of balance you have, subtract all of your expenses (fixed and variable) from your income. If you have money left over, it's positive. If you do not have surplus or you are in debt, it is negative.
8. Prioritize all your expenses
Your expenses must be prioritized and prioritized. For example, you should never stop paying your fixed expenses to use the money in your variable expenses. Among your variable expenses, there are some that are more necessary than others.
9. Make a monthly budget aligned with your goals
A budget is the guide that should dictate how you spend your money and will tell you precisely how much you have available for each day and for each activity. Aligning your monthly budget with your goals will allow you to chart a more precise path to achieve them.
10. Set your limits and learn to tell yourself "it's not enough"
If any expense or activity is out of your budget, avoid it altogether. The importance of saying "it's not enough for me" lies in knowing precisely what are the unnecessary expenses that are out of your budget.
11. Create an emergency fund and anticipate risks
Emergencies can undo all your actions to take care of your money. The best way is to prepare for them. Although it is true that it is impossible to know what is going to happen, you can make a fund that is used when an emergency requires it.
12. Identify your debts
Debts are financial obligations that you must cover in a timely manner so that they do not cause serious damage to your financial health. To identify them, you must write down what each of these obligations consists of, so that you are prepared to fulfill them.
13. Prioritize your debts
A good way to prioritize is by the date on which they must be met, another way is to prioritize those that will have worse consequences if they are not covered, and another way is by those that can be covered more easily.
14. Analyze acquiring debts that work in your favor
Borrowing to obtain returns allows you to capitalize a debt. It is important that you analyze well before starting an action like this, because you must be sure that your investment will be profitable.
15. Do not go into debt to cover other debts
If you already have debts, acquiring new ones to pay off the old ones is not the best idea. It is true that there are methods of consolidation or refinancing, but the truth is that they must be the last options and must be accompanied by a good analysis of the implications.
16. Do not over-indebt
The ideal is not to borrow more than you can pay. However, it is quite common to go into debt thinking that these obligations can be met. You must keep debts under control and use credit options in your favor.
17. Analyze the months without interest
Interest-free months are great ways to shop without paying more for what you buy. However, caution must be exercised regarding the conditions under which a plan of this nature is acquired or the number of these plans that can be fulfilled at the same time.
18. Avoid excesses
In life, no excess is good. When it comes to personal finance the rule applies with equal force. Don't overspend; do not borrow too much, always seek to achieve a good balance in life and in your financial health.
19. Beware of “ant” expenses
The ant expenses are those that do not represent a large outlay at first, but the sum of them makes them become a great drain of money. They must be identified, as they are very difficult to eradicate.
20. Avoid impulse purchases
Buying on impulse is very dangerous. Impulse purchases resemble ant spending in that they are made when unnecessary items are purchased. The difference is that, generally, they are more expensive products and you will soon realize that you did not need it.
21. Distinguish between wants and needs
To avoid impulse purchases or unnecessary expenses, we must be very clear about what the whims are and what the needs are.
22. Buy only what is necessary
To avoid spending more and getting out of the budget, the recommendation is to only buy what is necessary and plan the purchases.
23. Do it yourself
If you do your home repairs you can not spend more and save. Obviously if something with a lot of specialization is required, you should hire a specialist.
24. Talk about your financial strategies and listen to those of others
Sharing your financial strategies is a very good way to get other ideas that complement the actions that are already being carried out.
25. Pay taxes
Remember that you must be up to date with the payment of taxes. Make sure you set aside enough money to pay and that you can do it before the due date. This will save you money.
26. Save
Probably one of the most important tips. In order for you to achieve your goals, you must have the backing of good savings that will allow you to enjoy yourself in the future.
27. Invest
To grow your money you have to save. However, depending on your goals and objectives, you should consider putting your money to work by taking advantage of the different investment plans on the market.
28. Cultivate your talents
If you are good at something, you must keep working to be the best. Once you stand out from the crowd, you can use those skills to make a profit.
29. Constantly learn about financial education
Fortunately, financial education is a subject that is constantly improving. To keep up to date you need to be in constant education; not only learning, but reinforcing what is already known.
30. Take care of your physical health
Taking care of your financial health is just as important as taking care of your physical health. In fact, they go more hand in hand than we can see with the naked eye, as they are complementary.
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