When money is slipping through your fingers and you can't save money, then it's time to take a critical look at your financial habits. Analyze your mistakes, your own mistakes and draw conclusions for the future.
The time has passed when the amount of insurance and pensions was completely dependent on the state. Now you yourself have to take care of life, property and health insurance, as well as your retirement savings. It is best to start saving money for payments in middle age, then it is much easier to create a solid reserve for the future.
Unfortunately, few people know how to postpone for a rainy day every month. At the same time, the minimum amount of family savings should be a reserve of funds for three months. During this time, many unforeseen problems can be solved - from a sudden illness to getting a job in the event of an unexpected dismissal. The lower your income and the older your age, the more stock should be.
One of the most common mistakes is the refusal to manage the family budget. Not knowing how much money is spent in the family and on what, it is very difficult to plan something. Even a three-month cost estimate can reveal surprises and suggest ways to save without compromising on quality of life. By putting your budget in order, you can easily draw up a financial plan for the year ahead.
Purchases on credit undermine the family budget. The cost of such a loan directly depends on the time it takes to issue it: the faster the bank gives you a loan and the fewer documents it asks for, the more expensive this loan will cost you.
Use your right to receive a tax deduction when buying real estate, spending on education and health. Be careful with online stores, you can collect a lot of useless purchases in a virtual basket. Do not keep your savings in a stocking, but do not chase high interest rates, it is better to put your funds in a reliable bank, but not more than 700,000 rubles, while the state insures only this amount.
