One of the main financial problems that are increasingly encountered today is the correct management of the family budget with savings in money. Many do not know how to save and spend correctly so that there is still more. How to manage a family budget and save money?
Maintaining expense records
The first thing to remember is cost management. Today it is difficult to save money, because earnings are often less than costs. And if there is an overspending, this indicates the appearance of debts that will need to be repaid.
In this case, applications like "family budget" or "cost management" will help. A simple Excel spreadsheet will also help.
Postponement. How much and how?
There is one golden rule, and that is the tithing rule. It is necessary to set aside 1/10 of not just all earnings for the month, but also from any cash receipts. Moreover, this must be done immediately, and not "as necessary." Otherwise, the accumulation will not work.
It is important to save even small amounts, as there may come a time when there may not be enough for something important. Many in such cases will go to the bank or to relatives. And here - your savings for a rainy day.
Products
There are two rules here:
- Always make a list of essential products to buy;
- Go to the store only when you are well fed.
As statistics and practice (including personal) show, a person, observing both rules, spends 10-20 percent less.
Buy "for future use"
You can buy for several days or just a week in advance in several wholesale stores. This will save about 40 percent of the budget. The reason is that small shops, which are (conveniently) five steps away, have higher prices. But they are closer - you can overpay, but there will be more time for other things, and besides, you are too lazy to go somewhere far.
But it's better to take a little walk to buy for the future in wholesale stores. This way, you can not only go to the store fewer times, but also be sure that there is something to cook for tomorrow.
If there are no debts and loans, then it is better to refuse them. If there is, pay off as soon as possible. Therefore, when receiving money, it is necessary to divide in the following sequence: 10% - loans (debts) - everything else.
