For many people saving money is always a rocket science to
master, but from my experience I will show what crazy things I do to save my
money.
Saving money is for me a part time job, because I know you
should work to get more money, but here I am the boss, so if you are looking
for a part time job to earn more money then you are in the right place.Tell me honestly how many of you know how much money you spend monthly including personnel and house hold expenditure? If you don’t know the exact answer to the question then, please spend some time to read all below steps then you will save money for sure.
Budget:
First off all, you should know how much money your spending
for a month, so take a pen/pencil and a note book and do list out all your
expenses from day 1 to end of the month.
Make sure your
monthly expenses cover the below list,
·
Grocery shopping weekly
·
Mobile Phone bills
·
Landline phone bills
·
Internet
·
Credit card payments
·
Personnel loans repayments
·
Car insurances
· Mortgage repayment
· Mortgage repayment
·
Weekends shopping expenses
·
Drinking Alcohol beverages
·
Smoking
·
Travel
·
Hotel rooms
·
Electricity bills
·
Car maintenance
·
Child care expenses
·
Fuel expenses
·
Boiler cover
·
TV subscription
·
Monthly clothes shopping
·
Miscellaneous, this should be at-least 5 %
percentage of you overall expenses
Ok, now you should have the budget amount with their expected pay dates. If you have this then you have successfully started to save money. By following the next steps, you will know exactly how much money you are going to save.
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