Family welfare has always been a sensitive issue. There is no common prescription on how to save the family budget. How to learn to save the family budget, and to make large purchases? There is the only way out: either to earn a lot of money, or to save them. In fact, the budget of savings is the most reasonable solution. You will not only cease to be dependent on the lack of funds, but will also become financially stable and independent.
7 rules not to waste money
Planning family budget will be more effective if you observe a number of simple rules. After reviewing the new regulations you will undoubtedly take it as a habit to plan spending and stop thinking about how to hold on to paycheck and simply survive. Now the savings will be carried out with the thought: why am I doing this?
Keep the records
Ledger will help to track the expenses and income. All debit transactions in this case will always be under control, and no coin will be lost from the sight. In addition, writing your own purchases, you can more accurately and carefully plan the consumer basket for the next month, while rejecting anything superfluous and completely useless to you.
Do not miss anything
Sometimes we do not pay importance to small expenses, while such expenditures may cause irreparable damage to the entire budget. Often we lose sight of buying chewing gum, cigarettes, do not consider the snack bar of chocolate, sweets. Such forgetfulness does not justify us and can become the worst enemy of our economy.
After three months, you can analyze your spending. Surely, you will be able to track in what way the amount is different from that which was before the introduction of these very simple rules. If data on purchases was recorded into computer program, through graphs and charts you can visually see the whole picture of the planned budget and the following conclusions:
how much money was spent on housing and communal services;
how much was spent on the payment of credit obligations;
what amount was paid for food;
how much was spent on clothes and hygiene products;
how often other minor expenses such as gifts, entertainment, taxi were committed.
Define on what you can cut your costs
Mandatory payments will not allow to save the budget. However, you can significantly reduce the cost of food at the right scenario. If you think about it, you will understand that many of the products we buy for pleasure, though all we can do without them. And most importantly, is to get rid of unnecessary purchases.
Let’s draw conclusions
Assessing your actual budget, you can come to a conclusion as to how to cut costs and not to feel any negative changes in the quality of your life. At this stage, you need to decide on which categories you can spend less family resources. By identifying these categories, you will be surprised how much money you save.
Plans for the future
The new month is not far off and planning the family budget should be carried out before the new month begins. From the savings of this month it would be great to create a reserve fund. It is better to spend no more than 10% of the total family money for such savings. This will help to put the long-term goals, such as vacation, buying a car, building a house. Prudent management of domestic capital will help to solve the issues and realize your dreams.
Sober mind, warm heart
Learning how to save the family budget is the path to financial success. In addition, you should not make the race for cash or make the cult out of this, because paper money - is just a tool that will allow you to live better.
Summing up: how to save the family budget?
Planning of spending is a desirable measure for the preservation and augmentation of money. However, what if the basic costs can not be reduced, for example, the fee for kindergarten or lunch at school? It is necessary not to overpay on anything else, for example:
to use the car only in case of necessity, then the expenses for fuel will be reduced;
switch to electric saving mode. It will reduce the use of lighting and appliances, which are often not so needed in everyday life;
change the tariff plan of your mobile provider to more profitable - probably the subscription fee will be more expensive, but the calls will be significantly cheaper and the savings in this case are obvious;
devote time to outdoor activities during the working days, because the cost is significantly lower then during weekends;
rationally distribute the budget to help to install water meters on the devices, gas and heating - extra control will never hurt, and only allow rationally evaluate spending;
watch out for seasonal discounts and have time to make the purchase of clothing at low prices, not to overpay for the same things again become relevant in the new season.
And most importantly, do not shout everywhere that your family is no longer in need of money. Believe it or not, but the less you talk about it, the more you get. Our simple tips will help you to save money which you can spend on your dream!