Hi friends, I hope you are doing well, it is already the middle of the week, I think the days have passed much faster than I thought, January is flying. Today I want to talk to you about a topic that concerns all of us who want to improve our finances.
HOW CAN WE PLAN OUR BUDGET?
Here we can integrate several strategies that can work when we want to save our income and know exactly where our money goes.
First of all, WE MUST RECORD ALL OUR INCOME, from those that correspond to our fixed salary, like those that perhaps we can receive at any time. We must always keep in mind that we have, I think that in order to keep a sequence of all this we can make a list and write down everything that is generating profit for us.
Second, MAKE A SAVINGS GOAL, perhaps for many it is a waste of time, but to save we should not only accumulate our money in a piggy bank and leave it there without producing or moving in time. One way of saving is also investments, I am currently working on it and I hope that by the end of the year I can achieve my great goal or one of them. The best thing we can do is INVEST that guarantees us more income in the future.
3 . Thirdly, MAKE ACCOUNT OF OUR DEBTS, today most families have some outstanding debt, most likely with the bank, loans or credits are usually the most common. I currently live in Colombia and here almost the entire population has debts and they work only to survive and pay, what madness not? that is not life. I know that at some point we are forced to fall into a doubt but the best thing is to look for other options.
We must get out of them as soon as possible.
4 . Fourth, REGISTER OUR EXPENSES, it is important to know where our money goes, to have fixed expenses and unforeseen events recorded, so we will have greater control of our finances.
5 . Fifthly, MUST WE TAKE INTO ACCOUNT THE EXPENSES ANTS, those expenses that we always have and do not realize, like that coffee we take every day on the way to work or those sweets we buy because we are anxious to eat something, all that we must contemplate and ask ourselves if they are really necessary. I'm not saying we can't indulge ourselves some days, but we must be careful about wasting money.
6 . Sixth, FOLLOWING UP FOR ONE MONTH ON ALL OUR EXPENSES, making a list is an important part of the plan.
7 . And finally, MAKE A SUMMARY OF ALL OUR EXPENSES AND CONTEMPLATE NEW SETTINGS, this will allow us to modify our habits with respect to money, sometimes we make unnecessary expenses and we do not realize, moreover, many do not even know where their money goes. For this reason I think it is important to control or plan more accurately our expenses, without excessive limitations but also without expenses that affect us.
I hope that these strategies can be of great help to those who still do not know how to start managing their finances or income in a more intelligent way.