Control of financial expenses vs stress

• May 2, 2024

There is nothing else Stressful to get to the end of the fortnight with the money counted or borrowing, has it happened? To avoid this mental waste, it is recommended to learn to control financial expenses, as well as to distribute the money to cover basic needs and try to save a little.

According to information published in the Huffpost Voices The most complicated part of being a self-sufficient human being is taking responsibility for your own actions, so there's nothing harder than sitting down to review your financial expenses.

For some people, the most difficult thing is to keep track of the cash they spend, and at the end of the month they do not understand why they have so little money left after paying their monthly bills. Therefore, here are some tips to control your financial expenses and decrease your stress :

1.- Use envelopes: In a folder, write personal financial expenses and the current month. The objective is that you keep all the receipts of your daily purchases, in order to review them at the end of the month.

2.- Categorizes: Divide your receipts into categories, so you will realize in what kind of things you invest more money and what are really necessary, for example: Food, entertainment, gasoline, birthdays, drinks, sweets, among others.

3.- Make a budget: When you receive your fortnight try to divide it into your immediate expenses. Buy small envelopes and write the basic needs (rent, electricity, water, gas, telephone, pantry); Then enter the money that covers these accounts. Of the money you are trying to save half and the other leave it for emergency financial expenses.

With these tips maybe you will not get rich, but it's a beginning to decrease your stress and not to live in anguish for the rest of the month. Also, you will learn to make a conscious decision if you want to spend that money or not. Any 'extra' money will be a great help to get closer to your financial goals. Good luck!

Video Medicine: Marriage And Money - Dave Ramsey Rant (May 2024).