Money that has been managed only somehow until now. In fact, there must be a correct management method and a way of saving to make ends meet. If you get married, you want to know how to manage it well to prepare for the future as a couple.
In order to solve the worries about “money” that accompany us every day, we will introduce a money management method that you can start today, whether you are a first-timer or a person who has failed once. an experience finance officer.
How to Save Money and Decrease Spending?
First, let’s know the basics of “money management” regardless of whether you are married, unmarried, or gender. In the first place, there are only three types of money: income, expenditure, and growth.
1. How much “income” do you have?
2. How much “expenditure”?
3. How much do you save and “increase”?
It is important to firmly grasp these three trends.
Firstly, the basic rule is to keep “expenditure (=money going out)” within the range of “income (=money coming in)” (do not put it in the red).
And save a little bit just in case. However, it is impossible to “save what remains”. Because most people use it as much as they have. Therefore, set aside the amount you want to save first, and put it aside every month so that you can make ends meet with the remaining money. It’s important to think of the money you save as if it never existed
Get started now! 5 money management tips you can do yourself
Next, let’s look at five smart money management tips that you can start using right away. Even if you are a beginner, you can do it even if you have failed in the past!
Know your spending
It is necessary that keep knowing what’s you spending.. First, let’s record “expenses” for just one month. Recently, there are convenient household account book apps for smartphones. There is also a receipt reading function, so you can start it as a diary instead.
It’s important to keep track of things you use often (cosmetics, eating out) and hobbies (idol activities, games), as well as food and daily necessities. Just by “visualizing” the money you spend, you can save money because it makes you a little reluctant to spend money. It’s the same as recording diet.
Know your spending habits
There are three ways to spend money: consumption, investment, and waste.
- Consumption = trying to save to live
- Investment = much thinking about a bright future
- Waste = things you don’t need now or in the
Future Isn’t there a lot of ′′ waste ′′ without knowing it? For example, if you have a clause that reminds you of this shopping pattern, be careful.
By checking when, where, and what kind of situation it was, you can know the habit of “wasting” and you may be able to avoid it next time.
Decide on a budget
You must schedule. It’s an important part of saving money. First calculate the amount, that’s how much you afford for saving each year. This is the money that is used for food, daily necessities, eating out, etc., excluding rent, utilities, etc., which are fixed monthly. A good one-fifth of this money should be your weekly budget. Set aside the remaining dose as a reserve. The point is to be conscious of this, “This is the only money you can spend in a week!”
- Knowing how much more you can spend makes it easier to control your “spending.” Make your money visible. Cash, electronic money, and credit cards are managed as follows.
- It is a good idea to manage your usable money in envelopes for the week, and use the money from there. It is important to be conscious of how much you can use the rest
- If you charge money for one week and pay from there, you can see the balance well.
- Credit card users find it difficult to visualize the money because the payment is made later. Therefore, it is recommended that you manage the cash you have already paid for, sorting and managing it for payment.
Save Money
Foremost, be clear about what you want to manage and save your money for.
It is important to set a goal of how much money you want to save by when, such as money for marriage, travel, or your own home. Having a clear motivation for what you are doing will be a shortcut to your goal.
