Family budget: the impossible is possible?

If you ever calculate your expenses, you will be surprised! Impressive amounts of money are spent on all sorts of unnecessary trivia. For example, to buy:

• Sweets;
• Goods with high margins (coffee in a restaurant, hamburgers);
• Not very necessary things, which are subject to large discounts;
• Goods similar to those that you already have (the same name, but of a different color, with a different smell, etc.);
• Products that you do not need urgently (often they will not be useful in the future);
• Cute baubles.

If you compile a family budget and strictly follow it, you can quickly come to your goals. But first you need to decide with them. Why do you need this? Do you want to save money for a meaningful purchase? It hurts you to realize that you earn a lot, but you can not afford anything? Do you dream of learning how to save money? Or are you motivated by another motive? Its extremely important to determine. You do not need to plan just because so many people do. This will lead to nothing.

How to calculate the family budget?

There are a lot of programs for planning. But many of them do not fit because of their pattern. The best option is to keep records in the form of an Excel spreadsheet. In one column, write down all sources of income, in the other - costs.

Some prefer to use special programs for mobile phones, which help guide the family budget. This is very convenient, because Right after the purchase you can write down the amount spent.

Based on the data of the first month, you will be able to draw certain conclusions. How much money did you spend rationally? What kind of waste could you avoid? Based on these conclusions, you can plan further actions.

How to make a family budget?

The first rule of wealthy people: postpone the percentage of income. The gold standard is 10%. If possible, it's better to postpone more. The quality of life of your family will practically not change because of this small amount. However, over time, you can accumulate a large amount of money. In no case should you spend 10%. The best option is to put them somewhere. Let them bring you interest.

If you have debts or loans, consider a scheme for their repayment. They should be disposed of as soon as possible. Determine how much you can allocate monthly to cover debts.

If you want to save money for a meaningful acquisition, add to the family budget the amount you plan to save each month. Next, consider the important costs that you can not refuse and the monthly cost of which does not change (or changes insignificantly). This includes auto insurance, utilities, the cost of tickets, training, etc.

Now think of other important expenses - for food, clothes, gifts, rest, etc.

If the "credit debit" stubbornly does not converge, there are two options. The first is to cut expenses, the second - to increase incomes. And the first option is relevant in any case. Many people who have just started to run a family budget note that by giving up sweets, snacks and promotional products, they were able to save a lot of money and pay the loan faster.

But do not cut costs to a minimum. In particular, you need to allow yourself a good rest. Otherwise, you quickly abandon this idea.