Fox Business recently offered budget tips. Trading Concepts Founder Todd Mitchell encourages folks who would like to find extra funds for investing in the markets to follow these tips and establish a budget.
Do you really need money to make money? Not in all cases, but in order to trade the markets, you must have some money to start with. â€œBut if you donâ€™t have extra money,â€ Todd says â€œdonâ€™t be discouraged. It can be as simple as reviewing your personal finances to see where you can cut back and save some money each week.â€ Todd likes the tips Fox Business recently gave titled â€œ8 Things That Can Make or Break Your Budget.â€
Here are the highlights of the Fox Business article:
For the complete article and more details on the above tips, please see http://www.foxbusiness.com/personal-finance/2013/10/21/8-things-that-can-make-or-break-your-budget/
Todd practices the above tips because they make sense and they work. He recommends using them in conjunction with an outlined budget. â€œAnd, if you want to take even greater charge of your personal money flow, set a goal. Goals are a critical part of continued success,â€ Todd said.
For someone who would like to trade the markets, Todd recommends having a minimum savings goal of $2,500. This amount could get you started trading in any market. He gives these tips for establishing a budget:
â€œBefore you know it, you will have enough to do something you have always wanted to do like trade the markets,â€ Todd said.
For more information on successful trading, including goal setting please see Todd’s “Steps to Help You Become a Successful Trader” article in the Free Trading Articles link on the home page of our web site.
Â To view the full published press release, please see Â http://www.prweb.com/releases/
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