Managing Family Finances Without Stress
in everyday life utmanya for those who have started a life berkelaurga often faced with financial problems, how to share financial kelaurga not infrequently spending greater than income, with a measurable approach the division of family finances can be easier and more enjoyable, in reading this time you will be invited to menagalisa how to manage finances reduce financial stress and manage
household money management is not only about data collection and expenditure but also an alternative to make it easier for us to monitor our finances, track spending and achieve long-term goals, without a budget we may feel the need to research where spending is going, and achieve long-term goals, without a budget we will have difficulty monitoring where our money is going whether it is enough to save for the future, with family money management we see the esar picture and make wiser financial decisions
here are some steps to manage finances wisely
the first step is to look at your income and expenses
in this step, determine all your income and expenditure channels
Income record the entire source of family income including salary, benefits, investment income make sure to me nyatat well all registrants including in dalmanya side jobs, bank interestincluding small businesses
Our next expenditure data back spendings owned such as routine expenses, as well as non-routine expenses, routine expenses can be from vehicle installments, rental fees, electricity and monthly credit whose numbers are stable from month to month, we also need to record non-fixed expenses such as food costs, transportation costs, entertainment that change according to social economic conditions
The second step is to check the
after writing all pengluarn langkah selanjutanya daalah learn by studying more carefully
sort expenses from the most important expenses that cannot be replaced
Production Categories
Housing that contains a rental budget cicialn utuliltas water, electricity and other
transportation in the form of gasoline routine maintenance such as added wind oil change also monthly insurance
health in the form of asutansi monthly liuran and also urgent drugs when sick is including pentin because it can not be postponed, but we should have a budget
monthly food shopping at home and eating out
Entertainment to unwind looking for another atmosphere after Tired work
steamy savings adana emergency investments
to track spending gunkan applications available in the playstore or appstore or we can create a spreadsheet to memnoitr each expenditure with this track expenditure is expected we can double-check which expenses can be trimmed or can be transferred to other funds for more important purposes
The third step is creating a realistic budget
after distributing between the registration and set expenses, now is the time to make a realistic budget according to the financial goals of each family, each invidiu psati has different financial goals for retirement funds, buying a house, paying debts or investing for the future , after determining the next step we categorize in order of priority whether it can be postponed or not if it can be postponed further whether the product can be replaced with other brands or products or not, for vacation and shopping budgets are more flexible, adjust and review periodically whether it is appropriate or whether the sacrifices we make lankuan is now balanced with what we are aiming for,sometimes there are also unexpected releases that require us to check again whether it has gone according to plan or not
Manage debts and emergency funds
often debt becomes uncontrollable and become an obstacle in achieving goals
finance prioritize paying off debt with high interest rates first and then consider forest consolidation or refinancing if it is felt that the interest is running too high
also set aside an emergency fund of at least three to one year of living expenses in different accounts for emergencies such as job loss or other unexpected expenses
mistakes in drawing up a family budget
ignoring small expenditures small expenses such as parking, food costs are often ignored but if collected in one month over time can accumulate in large quantities
inflexible spending teradap unexpected costs can cause financial stress we can allocate to other budgets to maintain flexibility
not monitoring progress, after setting the budget we need to evaluate again every month to determine that our budget is in accordance with the objectives
Not inviting other family members to manage finances, we need to discuss with all family members so that each knows his role, with this expected to help put the brakes on unnecessary expenses
arranging a family budget becomes a scary thing if you do not follow the steps set, with good planning and allocation of financial goals we can be less stressed financially for a more stable future