No matter how much you win, if you manage your salary well you can make it pay in a way, that allows you to spend, have fun and even save. Know the tips that will have a good financial balance.
Contrary to what many think, you do not need to be an expert in finance to make your salary.
These are the main tips so that at the end of the month you do not have a balance in red and instead, enjoy some balancing of more that will serve to save. It is important to ask the following questions: How are your finances and how would you like to have them?
To determine your expenses, consider these calculations suggested by Suite101:
-For housing (including services and maintenance), allocate between 30 and 35%.
-for food, allocate between 16% and 20%.
-For transportation (including insurance, petrol, public transport) Invest between 17% and 19%.
-For clothing and services (including arrangements, laundry), allocate between 5% and 7%.
-For health (including insurance) invest between 5% and 9%.
-For fun and entertainment, allocate between 3% and 6%.
-For savings (including for retirement) invest between 2% and 10%.
-For all other expenses (including magazines and periodicals, education expenses, personal care, monetary contributions, life and disability and miscellaneous expenses) allocate between 7% and 12%.
Do not exceed expenses
Make family plans
If you are not able to control your impulse to buy, you better leave the credit cards at home and take with you the necessary money that you estimate you will spend. This is cohibirá to be given certain luxuries that will put you in trouble at the end of the month.
Also, ask yourself if the product you are going to buy is necessary, it will be useful, and you will use it. Remember that buying with credit card generates interest, so the purchase comes out more expensive than if you pay in cash. This way, use the credit card for the necessary.
Note a goal to save on each payment by paycheck calculator, regardless of the figure is money that will be useful for an emergency or for any eventuality, which will prevent you from putting your finances in trouble. It is advisable to save up to 30% of your salary.
After a time when you have enough resources you can make investments that make you profitable: Rent a house, have a small business, buy shares, invest in a collective portfolio, among others.
The iron is one of the most light-consuming appliances, so avoid ironing towels or sheets, which is not as necessary as a shirt or trousers.
Control your consumption