Pros and Cons New House

House is a basic needs for human. A family supposedly has a house where they live. They can sleep under the comfortable house roof. The family member can meet together and share what they have meet at the outside.
A family can buy new house or old house. If they have much money, they can buy any house. There are pros and cons buying new house:
Pros
New house mean new building
The new house usually has strong construction. The cement still sticky to stick the brick and sand. The plywood or steel frame that supports the house is very strong. A new house color is colorific due the owner paint it with new paint.
Some developer builds a new model of home. Perhaps there is a water heater that uses solar power.
New Environment
You must get new environment they may be different to previous environment. Perhaps, there are some neighbors that also help you. Reversely, the owner may have a bad neighbor who makes them sick.
The durable
The house can be used for dozen years or hundreds year. It also depends on material that the developer uses. Be sure that the developer use durable material so you do not have to service the house. 
It does need some improvement or service
The new house does not need improvement. The frame still strong and you do not need to replace it. The roof is new so it can protect you from hard winter or hard rain. Perhaps, you will service or maintenance it next ten years.

Cons
Very Expensive
A new house must be expensive. The mortgages must be expensive too. The owner should allocate so much money for mortgage payment. It is not good to use mortgage recently due interest rate is very high.
The tax
Due its expensive price, the owner should pay higher tax than old house.

New house means new experience
There are no people who ever stay at the house. so no one know the advantages or disadvantages of the house. There is no one who can explain how live at the house. 
New community
New house means new community and new neighbor. The owner should adapt with new community. Perhaps they have habit and culture that is different to you.
Before buying a new house, you need to consider the pros and cons. If you prefer the pros of the new house and you have so much money, you can buy new house.

How to live below your mean?

My neighbor was a medicine public company officer; meanwhile my father just a public private officer. My neighbor's child is my classmate and he is clever as mine. Unfortunately, he cannot continue to study at the university; on the other hand, I have passed my graduate.

My friend's life is not simple as mine and he has a more expensive house and more expensive vehicles. He used to wear expensive shirt, shoes, and bag.

Live below your means is important for you. Do not afraid your friend will mock you. You need money in future so keep your money for the future.

Here some example to live below your means

1. Use simple shirt. Do not buy the mark name brand buy the comfortable.

2. Do not buy luxurious car if cheap car could pick you to office or school

3. Do not use credit card because it will load you with high interest. If you are late to pay the bill, you should pay the fine.

4. Do not often to eat outside. Cook your food by yourself because it is cheaper and more health.

5. Buy anything at groceries to thrift some dollar. As consequently, you should buy more products. For example, you should buy a dozen shirt at the groceries because the groceries do not allow you to buy a shirt.

6. Buy DVD Movie than going to cinema. It will cut you some bucks.

7. Hire book from the public library than buying it at bookstore.

8. Do not buy the expensive cell phone if you do not need it. Use simple phone that is able for communicate and sms.

9. Go to office or school with public transportation such as subway, train, bus or tram.

How to teach kid about money

I think teaching your children early about money is good. This skill is very useful for their future. They could manage money and then be rich. Do not spoil your children with much money so they just know how to spend money.

The parent should teach the kid about money. The kid should know that finding a penny is not easy. Explain them that they will need more money when they enter to the college.

1. Give them some money to your child. It is impossible to save if he/she has no any money. Do not be misery to your child.

2. Save a part of his/her income. Some article advise to save 50%. I think it is depend on the amount of money and the child need. For example, the child who has income 1000 dollar a month could save more money than the child who has income $ 100.

3. Plan to buy a things for next two years. For example, Buy an electric car toys for your kids.

4. Give your children piggy bank so they can put some penny into there. You do not have to buy a beautiful piggy bank. The simple piggy bank is enough to your kid.

5. If the piggy bank has been full, you may save the money to mutual fund or stock. You may buy some part of the money for the child toy. It will motivate the children to save more money.

6. The important is the parent behavior. If the parent has bad behavior in spending money, the child will follow what parents do.

The Rich Man Habit

Rich man has some habit that is different with ordinary people. With a little money, they can make them rich; meanwhile, a poor people cannot get benefit from so much money. I have heard a millionaire can rich again after bankrupt. He just needs a trust from people to get the capital.
Here is some rich man money habit that you can follow it.
1. Saving first
Most rich people save the money for short term or long term purpose. The rich man does not want to spend the money for today. They set revenue aside for saving. The percentage of saving is that depend on your revenue. Most financial experts suggest saving ten percent of the revenue. You can increase the percentage when you receive more money.
The rich man invests the money at profitable investment such as stock, mutual fund, ETF, and precious metal. As the economic decline, some rich people remove the investment to asset such as land, gold, collectibles, and so on.
2. Budgeting
To control the spending, the rich man create a personal budget that describe the earning or spending for next month or year. The budget tell the owner on how much he or she going to spend next month. 
3. Avoid debt
Some rich people avoid debt especially unproductive debt such as consume debt, lease car, and else. The debt could make people bankrupt. Do not buy anything if you have no cash.
A man should not have propose jaguar lease car, if they do not have money. Use used car or buy Japanese or Korean cheap car.
4. Prioritize to pay bill
A household needs electric, gas, telephone, and others. Allocate part of salary to those spending post. Do not delay it until the company cut the electric, gas, or telephone. 
5. Frugal living
If you have small family, you can live at small house. The small house must be cheaper and it needs cheap cost to maintenance it.
6. Charity
Help other people means help yourself. Giving part of your money to other people will not kill you. Some people may help you someday.
For example, you are an entrepreneur who produce noodle. You donate your money to unlucky people who live around your factory. The people may buy your product and it will increase your revenue.
7. Working hard
Certainly, most rich people is hard worker. Some of them are workaholic. They believe that to reach wealth, a man should work hard. Certainly, they must pray and remember God.

How to create strict budget

As the economic condition is difficult, some household try to reduce their expense so the income can balance the increases spending. They will bankrupt if they do not change their spending behavior. The key of the strict budgeting is that it eliminate all unnecessary spending but some household may difficult to definite the unnecessary things. They use to buy anything. In this article, I will explain how to create strict budget:
1. Recognize what you have spending last month. It could be a cornerstone of your budget. Have you record all of your spending. It will be better if we check our last three month spending as the cornerstone of our budget. We can describe the appropriate budget for us.
2. Decrease unnecessary spending such as holiday, leisure, goes to cinema, and others. Some people buy brand stuff that is very expense whereas some generic brand has similar quality. Do not splurge your money to those things. You can save the money into cash box or investing.
3. Not use credit card. Some people are tempted with credit card simplicity. They think that credit card can lower the spending. The credit card charge interest rate so it is impossible to lower your spending with credit card.
4. Limited the electrical use. Turn off the TV when there is no people watch it. Some family limit the TV hours so the children can study.
Use some energy saving electric such as TL lamp, save energy laptop, and else. You can use solar heater, for your water. It does need electric.
5. Some people can stick using car to trim down the spending. Use car when you need to go to some place where public transportation cannot reach it. If you want go to office, you can use public transportation such as train, tram, bus, and others.
6. Use some discount coupon. Some website offers free product for promotion. We may get a cup of ice cream, a bottle of ketchup, a bottle of milk, and so on. Some coupon also offers discount or rebates for certain product.
7. The spending should be lower than the income or revenue. If you find that the spending is higher than income, you have to revise your budget again. Trim down again some expenses until the budget balance. If you are difficult to cut the spending, you need to increase your revenue.

How to save our money in food?

Despite the bad crisis, we have to eat to support our lives. Most people are difficult to reduce the food cost; however, they can trim down some in food spending:
1. Planning before spending
It is better to notes what kind food that you need to buy. Do not go to the supermarket or retail stored without its notes. Most women are tempted with so many foods at the supermarket. They just grab and put it at cart. They forget that they should pay it.
With notes, a mom knows what she should buy. They just grab the food that is on the list.
2. Coupon or discount coupon
Some supermarket offers free sample product to attract a new customer. It is not much food that they offer but it could save little penny or dollar. Some company also offers 20%-80% discount for specific product. You can find the discount of the product at website, blog, facebook, or twitter.
3. Buy in bulk
Some groceries will give discount to anyone who buys in bulk. You can buy in bulk toilet meat, milk, and eggs. Do not buy in bulk fresh vegetable and fruit, unless you are sure that your family can eat all of it.
4. Buy generic food
Most food has brand that is usually more expensive than generic food. Buy generic food to trim down your expenses. Some generic food has good quality too.
5. Plant garden or create a backyard farm
Get benefit from wide backyard. Bury vegetables or fruit tree. You can harvest it when the vegetable or fruit is ripe. Some chicken are also good at backyard that can produce fresh eggs every day.
6. Consider use canned, dried, and frozen
My neighbor save goat meat at frozen for two month. The meat is still good and he cook goat Kari for us. You can also to consider frozen food. Buy the meat in bulk and put the refrigerator. You can also dried the meat with spicy that can durable for three months.
The canned food such as, fruit, vegetable, and salami is cheaper than the fresh food.
7. Buy directly from farmer
In my country, we can buy rice to the farmer directly. It is cheaper than buying rice at supermarket and groceries. We can save the supermarket or wholesale margin. In my country, the supermarket rice price is two times farmer rice price.
Perhaps your neighbor has plant garden or backyard farm. You can buy directly to them. I believe the price must be lower than supermarket or grocery.

Financial Planning for retirement

As the age become old, the employee should plan their financial planning. They must need money especially when the company retires them. Some retiree may need little money due their children has become independent but some parent may have one or two sons that need money.
Here is the retirement financial planning that retirement need:
1. Sell the big house and buy the smaller house. As you become old, your child will leave you and they may buy house for the family. There is some empty space that you do not need it. You can offers the big house to big family. I think you can save the excess cash for investment. With small house, you do not need to make maintenance.
2. Evaluation the investment. Most retirement does not want to invest at high risk investment that needs adrenalin. Invest at precious metal is also good to save their wealth.
Some retire does not afraid to allocate hundred percent of the portfolio to the stock that pay dividend. I think they must evaluate the portfolio due to tight economy. They can buys land, farm, cereal field, and else. Do not use one basket to bring your eggs.
3. Take side jobs that does not make tired. The retirement can collect little dollar from it. Some retirement cannot stand if they should stop working. My father has planted some cassava after retirement. He wanted to enjoy the retirement with some work.
Some retirement can open an online business that does not need capital and human power. The retirement can works for three hours a day.
4. They need to prepare where they live
A Village where there is no noisy may be good for retirement. The living cost on the area may be cheaper than in the city. You can save some dollar by living in village and breathe fresh air every day.