Throughout history the responsible handling of money has meant to reach a large number of targets in the lives of people, so this article give some recommendations for the responsible management of money not only benefits us our personal but this in turn can benefit in various fields such as occupational and family. The responsible management of money is an activity highly relevant today, as this directly influences the design management of various targets in areas of daily life is important to note that thanks to this economic aspect of the provision within a specified time can be clearly favored. That is why some experts make recommendations as: 1. Determine objectives: this in order not to vary the goals that you want to allocate

the use of money, this is an important recommendation to take into account since significantly facilitate the priorities and identify expenses that can assume . 2. Calculation of costs: this allows them to keep in mind the costs to maintain each month or year by year, the really important thing is to know what our costs, to calculate a way to invest our money without running the risk that spending more than income. 3. Calculation of income: this represents the income we get into periods of time, allowing the investment of it is done correctly, taking into account the costs calculated above, thereby facilitating the ability to spend or invest money without falling into an economic imbalance . 4. Balancing income and expenses: keep the costs covered by revenue is an important factor to consider, as this allows to know the profitability of financial stocks are doing, contributing significantly to direct expenditures and revenues to a better way , delivering a better way our money. 5. Spending Plan: to make a spending plan is an important step to be taken, as this helps to restore the actual costs which are necessary to maintain our revenue performance ever, assuming that the costs are constant throughout the month or year. 6. Plan changes: being exposed to increasing or decreasing expenditures, may mean an imbalance in personal finances, so it is important to keep extra resources or to calculate a slightly higher cost, in order that when it happens an increase or decrease in them are ready to address them. It is worth mentioning that if you want to do the responsible handling of money these six points must be followed in order, as in this order are related to one another. An important factor to take into account money management is investment income, because if not coldly calculates this may cause some losses not only personal but business, which is why the best advice you can give is always to investment to calculate the risk factor that has the same, to avoid any unnecessary expense or loss.