Can you reach the end of the month just what you want and do not know exactly what you spent? Prevents the money will disappear control and give direction through the budgeting. But do not panic it is not true is a financial diet
develop a budget does not mean that you can eliminate from your life all the things you love however, is not included in your spending that do not add value to allocate more money for what you really want.
A budget helps to maintain order and adjust to the circumstances namely income. People tend to overestimate their income and underestimate their debts , which makes most of the time there is an imbalance between what you spend and what you earn ,” said the vice president of the Technical Commission for the Protection and National Defense of users of financial services . Ideally have a budget you can help prevent future expenses come and planning.
In Mexico, about 70% of people who would like to spend the income, but only 41 % do so regularly and only 20% always on budget, according to the results of the survey on Financial Building in Mexico the World Bank in 2014. The intention is that the budget now to a greater amount of resources goes to those elements that are most important to you, rather than going to the hole of irrelevant costs.
The importance of having purpose
What do you want in life? Buy a house? You need the budget to get what you want presented the co – CEO of Credit restorative Solve Your Debt Javier Velázquez. Having a clear goal will decrease the likelihood that abandons the budget, because you know that the stress of today will have a reward in the future.
When money is not like a worker who does not know what to do objective exemplified Sonia personal finance expert and author of the Journal of Financial and Notes from a Freelancer sheep. When you have a purpose in mind will think twice before spending money on something else.
But right now you do not have a particular goal in mind, perhaps you might consider simply do not spend more than you earn not to accumulate debt or establish a savings fund for emergencies.
Follow this road map vine produce your monthly budget before groped a year this is a record of all the expenses that you make every day. It may be helpful to bring a notepad or an application on the mobile device where you can sign up for what and how much you’re spending each time you open your wallet or purse. The more detailed you are,
In itself, the daily record of expenses will help you become more aware of how you use your money and you will change your behavior. Check here a format for recording revenue and expenses.
Divide them into categories
Once you have the log of a month the empty list in a table with three columns. The first lists the fixed costs of the other variable expenses last costs of ants. Fixed costs are those that have to do so every month a must and you can not cut or dramatically. Can seamen in four groups according to Velazquez Solving the food, transport, education and housing (rent, mortgage and services)
Related Tags:
how to do a budget ,
how to make a budget ,
how to make a personal budget,
how to make a business budget,
how to make a family budget,