Future savings and hobbies should be met after meeting daily expenses. But the amount of money is limited. How to plan everything in the meantime?
ven two people in a small family have to struggle to cope with rising market prices and daily expenses. In him, there is nothing special to say about the future and his hobbies after satisfying the child’s earnestness, folk-worldliness. But because most of the families are on women’s shoulders, at the end of the month, most of the men have to turn to the finance minister. As before, grandmothers and grandmothers used to keep money in the folds or folds of their sarees to save their expenses. If necessary, in case of danger, it could be found, but now there is no such opportunity. But still women have to do everything.
What is important to pay attention to?
Monthly expense account
Before the month starts, make a calculation of possible expenses. If possible, write down the daily expenses. At the end of the month, check whether all the expenses have been spent according to the plan, or if it has been exceeded. Experts say, this practice can save 15 percent of the total cost.
Separate accounts for separate expenses
Calculate how much will be spent in any sector, not in one place, keep it separately. If left in one place, the time of consumption may not be noticed. Whenever you get a little more money, you can divide it equally in each sector. After spending from there, it should be filled on time.
Investing is better than saving
Many people think that if they keep money under the bed without spending it, they will achieve their goals. But experts say investing in a project is better than keeping money in a bank account. In this practice you will understand the market price and demand of money.
Emergency measures
Danger does not come in advance. Such a situation may arise if there are elderly or children at home. So you can keep a separate account for that expense in advance.
Future savings
Retirement benefits are also not available in government jobs. It doesn’t matter if it’s private. So the earlier you can plan for the future, the better. From taking on family responsibilities to traveling the world in old age, it’s all good to think about.