Ladies,
As a woman, we always have responsibility on household monthly expenses.
We have to pay monthly payments and also keep some of it to our savings. So how do we manage it?
Every month, we get amount of money to be managed, and before we used it, it would be better for you if you could do some of tips below:
- 1. Put your money into different post, such as:
- Monthly payments post, is anything that have to be paid every months (electricity bill, phone bill, mobile phone bill, credit card bill, mortgage etc)
- Back Up post, is an amount of money that will use it for emergency needs (doctors for example)
- Save about 5%-10% of the total budget into the saving account that especially open only for saving. You could not draw it as easy as you want and it is a must. It would be better if you could save it more.
- Put the rest of it in our daily account and you could take it if only you need it
- Don't get easily tempted by discount offering from any shopping malls
When we had extra money (after your monthly payments, saving etc) then it's the time for you to shop.
