By Barbara Martins da Adzuna Jobs.
"Finance". Just hearing the word a lot of people already have a headache. This is because activity is essential for controlling the economic factors that underpin its activities, but at the same time, it can be a real challenge. After all, "are many numbers and many accounts!". And they do not always make much sense, right? For example, it may be that you meet people with incomes lower than yours, but able to accomplish much more with their money. And then you ask yourself: How is this possible? And we respond: planning. But it can not be a careless planning, which lets pass the minor expenses. When it comes to money, you need to be thorough.
According to the Workana website,
"This involves a lot more how you deal with your finances than the size of your income. Dealing with money may not be easy - even more so in a country where we have not had financial education as a compulsory element in schools since childhood - but it's not impossible. "
In this article, Workana, in partnership with Adzuna, brought together valuable tips to help you with managing your personal finances. Apply them and turn them into habits. Thus, in a short time you will notice the difference that makes good financial planning for your quality of life as a whole. Take a look:
1. Write down everything
Have an accounting book to control your budget. As we have already mentioned, the key is to be organized. Write down all the expenses, past and future, whether small or large. Keep your account clear and subtract expenses as they happen. At the end of each month, compare the value of your book with that of your account, because they should always be the same or very close.
If you prefer to keep a digital record, there are several applications that help you control your money, with very useful functions. They identify where you can or can not spend, in addition to generating alerts for when you are approaching the "red".
2. Have goals
Set clear goals! If you do not know what you want to do with your money, you'll never be able to control it. Make short, medium and long term plans and note how much you will need to accomplish each one. Then work toward them, spending exactly what you have planned, not forgetting to keep your record until you reach the goal you have drawn.
But of course just jotting down expenses does not help at all if you do not have a well-planned economy plan, after all, you also have to save. Once you set goals, detail the amount needed to meet them, and how much you need to save at a certain time (per week, month, every two months ... whatever you want) to put that amount together.
You do not have to start making lots of money, focus on getting your debts started. Then increase the amount saved gradually, until you stabilize your expenses. According to experts, saving 10% of your monthly income is the ideal minimum.
4. Have discipline
Most of the time, having a goal that requires investment means you will have to cut some expenses. Thus, those superfluous purchases that serve to satisfy momentary desires may have to be avoided. Ask yourself: Do I really need this?
Cut your monthly expenses absolutely anything that is not within the goals or that does not help you approach them. And stay focused!
5. Reduce bills and cards
The more different flags, the worse it gets to manage your expenses. In addition, the chance of getting lost at the time of shopping or being tempted by the possibilities of payment is much greater! Then eliminate the myriad of business cards - including those you sign up for at retail stores - and focus everything on one.
6. Negotiate and renegotiate if need be
For financial companies, you'd better pay your bills than you owe, even if it means lower interest rates. So take advantage of that and negotiate your debts. It is always possible to come to an agreement so that you remove your debts in less time by paying an affordable value for your pocket.
But committing to following these tips with a focus on reaching your goals until you see them accomplished is the only way to get results after reading this article. So put ideas into practice and persist, even if it seems complicated and laborious at first. Over time, practice will make this control much more fluid and effective and you will realize the effect of good planning much more clearly.