To manage the family budget

Posted on January 16th, 2008 in Tips and News family budget

Money is very sensitive problem., and people avoid discussing it. On the other hand, it must be discussed with our partner. Not only husband and wife , prior to this case deal with the future of husband, wife and the children.

There are several things to discuss with our partner. Be careful and frankly. Be sure to discuss this when the communication is doing fine:

Collect all important documents like , salary slip, payment receipt, bill of bank. Put these in special place that all partner can see.
Dicipline to write the outcome. Try yourself first by writing your everyday out come if you see unnecessary item move it to the bill. It is needed a dicipline for this.
Plan to save. Try to make bill for clothe, vacation and insurance. Plan the education bill and pension money. Deducted 15 % from your income for saving. If necessary please add the prosentage.
Make an emergency saving. You don`t know when you need it. Therefore, try to make this. The amount of this suited with your income. Minimum , two or tree month of your salary.
Don`t owe! If you are in debts try to get out of it. Use credit card include in this category. If you have to use this card be wise.
Determine the goal. Decide what you want with your money. You want to buy home? A car ? schooling the children ? any of your future good plan. Determine the budget for this.
Insurance. Insure you, health, home and everything that can guarantee of your job. Before it, search to know like and what insurance is .