1. Create a Shopping Budget
The first thing to do is to record all monthly routine expenses. Also note the needs beyond basic needs such as buying clothes or eating out. After that, make a budget planning when receiving a salary. Allocated for what the money is. This planning will be able to make us know, the money we use for anything. You can also sort through again, what needs are important and not very important. Make a realistic budget plan with your real life pattern. After that, you also need to make a record of daily expenditure which contains the name of the goods or services purchased or used, the amount, the time of purchase, the transaction nominal, and the place to buy.
2. Free yourself from debt
If you have a debt or installments, pay off first after receiving a salary. Never delayed. Delaying will only make you difficult in the future. In addition, this can also help calculate the budget for the long term. As much as possible should avoid owing or paying something. You can just install or owe something, but see the usefulness of the goods. For example, it is better to owe to buy a house or apartment, rather than owe to buy electronic goods with a credit card. Not only that, you also have to adjust the debt with your income. We recommend that you owe a maximum of 30% of your revenue.
3. Having More Of One Bank Account
In order to more easily manage your salary, you should have two bank accounts at once. The first account will be used for all transactions, such as receiving a salary from the office, and paying the entire bill. While the second account is used to save. As much as possible, set aside money to save in the beginning when receiving a salary. More precisely together with paying debt or installments.
For the first account, you can choose the bank most frequently used by offices, so you can easily access money and money transfer. Select also banks that have many ATMs or transfer facilities via internet banking. As for the second account, you can choose a bank that implements low administrative costs as well as minimal facilities. If necessary, select a bank that does not have many ATM networks in the area around your residence. So you will not easily tempted to take the money. You can also choose a bank that does not issue an ATM card for the account.
4. Compare Spending By Budget via squarespace.com
After that, you need to compare the expenditure budget plan that has been made with the daily expenditure records that have occurred. If the budget plan is appropriate or not too much different, then you need to apply it back in the next month. But if the budget plan is so different from reality, then you need to revise the expenditure budget. Pay attention to any expenditure that might make it not appropriate for your budget.
5. Shopping Suit Requirement via getyourleanon.com
The fifth step is to apply the shopping as needed. Take control of your consumptive nature of discontinuity. You should also not carry too much cash while shopping. This can make you not easily tempted to shop.
The five things above are some ways you can do to save your financial life for 30 days, even forever as well. In addition, you can also do some other ways to manage salary money, such as investing and using credit cards wisely.
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