Tracking Money is a big deal for married people probably each has no time to deal with this work. I call these work since it really hard to follow it up. Husband sometimes get so angry at their wife because of this. I grow up without these but I tell you my mom is outstanding with this subject matter. No basic tools or List of expenses but we survived everybody finished college and a lot of investment. Today expenses go up and everything else. Probably if my mother handled budget better it would come out different.
Different worlds of 70’s and 2000’sModern times demand to have gadget and shopping malls. Not to forget credit card giving you access to your tomorrow’s salary. Spending money ahead of time even before you received it. My parents are both employees working 7 am to 7 pm, even stay long hours after work. Being employed with 3 to 4 different companies. I pattern my life with their life full-time job with 3 to 4 employers, wow superwoman. As time goes by having kids things got change priority changes. Modern life came in with all new things introduced got the expenses boast high. Easy money so to say, credit cards, the car, the house and everything else. I am not complaining cause I did really enjoyed it. The so-called modern life made you budget worsen. So I devise a budget, at first, I list all my accounts to pay daily on my laptop with the use of Microsoft excel the 4 to 6 months budget. Second, before anything else husband and the wife together with the children sit down and discuss this project. Everybody should participate if one disagree it won’t be successful a Team effort. Third, while making your list and studying your financial health, wealth builder should come in. Setting a 3 to 4 months budget, start it small. Example, monthly expenses amount to 10,000 per month so you need to save 30,000 to 40,000 emergency money. Emergency money is used when you have the leaking roof and one of the family got sick. I know it is difficult to start, let me tell you how. Stop buying cellphone load instead put this in your piggy bank. Remind you, this forgotten money, this is not a budget for soft drinks, junk food or cigarettes.
Cigarettes can kill you family members, population counts tuberculosis as number one killer. Instead of buying this just put it in your emergency money. If your family continue this it will be a habit and it is good. Being frugal are hard times are a great idea. Filipino family have our own discharge because we are used being poor. Yeh, we can tighten your belt just to meet the end . The Ultimate cheat sheet on Tracking money well improves your life. The economy is good hopefully the next president will support the project of the present. Filipino’s are adapting to the new society and adjusting to a common goal to save money. Just follow up on your monthly budget and things will be alright.
