Having organization is financial planning is necessary for you to achieve success. Whether an emergency or future plan, keeping your account updated, and still saving it is a challenge for everyone. It is not about using the best tools in the world or learning your personal budget with the greatest experts.
Of course, organizing financial life is first of all a personal choice. It takes a change of attitude, new habits and patience, and a lot of patience.
In this article, I will share some important tips for learning how to administer your budget simply and effectively.
How to organize accounts: Check out the golden tips
Before I provide 6 financial tips to make your personal accounting finally work, we need to talk about responsibilities.
Organizing accounts is one of the steps for financial success and a quieter life.
But this must be a daily commitment. So be honest with yourself before trying to use the tools and suggestions of this article.
It is up to me to lead an organized life. Therefore, to do this, I must organize my account, exercise financial control and learn to save money.
When my salary is a little higher and certain things in my personal life are resolved, I will stick to financial control and housing budget issues.
If you choose response 2, I suggest you read this text at least twice there are many other content about financial education, which are also available for free on this site.
On the other hand, if you choose the first answer, then you have already decided what needs to be done.
See some tips:
6 tips on how to organize finances:
Well, the truth is that it provides tips to help people build better finances is always a challenge. After all, its interpretation is subjective. I suggest that you try to absorb the concepts described in each technique, and then consider how to put them into practice.
Remember: First, your financial plan needs to work for you.
If you have trouble controlling expenses, start gradually. The important thing is always to start and progress. Check out the tips:
- Be realistic with your financial side
This problem seems obvious, but when always considering the net amount available in the account, many people remember the total salary.
In fact, there are many benefits, but these benefits will be deducted from your total salary. There are other questions to be considered, such as taxes and fixed monthly accounts.
How much does this cost? Do you know how to spend your sweaty money every month?
I think you have an idea, but I don't know the details. Am I right? Start registering your monthly expenses and categorize them in an organized and easy to understand.
Organize all your personal expenses in this way, you will be able to understand your entries and exits.
- Create limits and end up with your debts
Debt creates very dangerous dependencies. They make him a money slave. Many people think they can buy more products with credit. However, with the increase in installment and financing, it is easy to get out of control.
To avoid this, learn how to use spending limits for each budget expense. For example, why spend more than 10% of your monthly net revenue budget?
Or is it 30% of the housing? Adjust and meet the limits.
- Get out of red: Create priority!
In Brazil, a life full of debt is very expensive. Debt interest rates are high and the accumulation of accounts will produce a huge snowball.
So if you have outstanding accounts, the first step to organizing your finances is to clean them as soon as possible. List all debts.
Find out what you should, the interest involved and make a payment plan. Be sure to renegotiate as much as possible.
If you have many bills to pay, start with higher interest rates, higher rates and older accounts.
See some tips:
- Use less credit card
The convenience of a credit card contrasts with the debt it offers to those who cannot properly control their funds.
The card is not to blame. He does nothing. In fact, if used correctly, it can be an interesting tool. Now, if you have a problem with credit card debt, choose the option to buy with debit and cash card.
If you can't stop using it, at least avoid dividing your purchase many times.
Many installments often cause confusion because it is almost impossible to remember all the fees that were charged on the bill. Not to mention that many installments involve benefits.
Remember: Even if you can control and / or access invoices online, the largest payments can complicate your cash flow. Finally, try to set an appropriate limit for the use of your credit card and pay the full and on time.
Using this method, your credit card can have positive effects, such as rescue of points on other products. Besides improving your serasa score.
- Perform planning and controlling your well -structured finance.
The first rule when organizing personal finances is simple: spend less than income and save some differences. It is certain to be simple, but in practice it is not easy.
The ability of people who can do this is called financial control. That's right: control. Anyone who can live a controlled standard of living will live this way because they are very aware of how much money makes and how it spends it.
Therefore, to make a sufficient family budget, it is necessary to correctly classify spending and control monthly cash flow.
- Save money
Many people think that saving money is stupid because "you can only live once." However, it is naive to think that way. When it becomes present, the investment is also ready to be consumed in the future.
After all, we will all grow old and need resources. Also, it's precisely because “you can only live once” that you want to realize your dream, right?
And unless you have been born in a golden cradle, you should save money if you want to buy your own home, have the car you want or make the trip unforgettable.
This is why saving money cannot be a sacrifice, something complicated and difficult. For you and your family, staying alive must be a wise and precious choice.
After organizing your account, start depositing 5% of your revenue. So gradually increase the pressure, do not stress, do not hurry. But please start.
