Everyone faces the question of saving. The ability to plan your budget will help you get rid of the need to borrow money, and will also help form savings. To get started, I propose to master a few simple steps.
1. Separate what is needed from what is optional. Expenses such as loans, apartment payments, mandatory contributions must be taken into account right away. Set aside the required amounts, rounding them up, and out of sight. This money is inviolable.
2. Distribution policy. Determine the required amount of funds for food and household needs. Divide them by 4 weeks. Do not exceed the established limit. Money left for 4 weeks is inviolable. This will allow you not to borrow the last week until your paycheck for basic necessities.
3. Savings and accumulation. Set aside 10% of your salary, if possible, and forget about it. This will be your reserve fund. You can only use it in extreme cases. And in the long term it will be an excellent opportunity not to live off loans, but to immediately purchase the necessary goods.
4. Free use. Distribute the remaining finances approximately for the remaining needs - new things, entertainment, etc. If you get too much money, set aside not 10, but 20% in the reserve fund. If funds are too small, prioritize your needs for a month, try not to violate them.
