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Get married with a Hanoi wife “quickly” control your finances to save money every month

In her “free time”, every girl likes to take care of herself, as much as she earns, she spends it all on shopping for clothes, shoes, eating, and traveling. Tam Pham is currently 27 years old, working in an office as well.

About a year ago, before she was married, Tam always felt that she could afford to spend. If the amount is less than 20 million, you will not think much because you know that your income is larger, so you can afford to pay that amount.

The culmination of impulsive spending was that I immediately bought without thinking much of a 12 million gym card because a friend invited me. That amount of money, I am willing to swipe my credit card to pay the installment because… thinking: “Oh, how much is it worth”. And then the nearest gym is also 3km from where I live, so if I buy an 18-month pass, I can only practice for 3 months, give it up for 15 months.”

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Tam often shop for hobbies rather than needs. The culmination of impulsive spending is buying a 12 million gym card right away by swiping a credit card and then paying it in installments. Illustrated photo.

Tam has so many emotional spending times without thinking too much about whether the money is really reasonable or not. It wasn’t until she got married and had a predestined relationship with financial affairs that Tam realized that there was a problem with her spending.

I started to change my spending habits, making monthly financial statements continuously. This has been maintained for more than 1 year now, financial control has changed markedly. Thanks to it, I know exactly how much money I have, spend more rationally and have a sense of saving every month regularly.“.

This is how Tam prepares personal financial statements to control his spending.

Step 1: List all assets converted to money at the present time.

Step 2: List debts and debt repayment deadlines to avoid bad debts and overdue debts.

After this step can calculate Asset Value = Total Assets – Total Debt. If it is a positive number, it means “financial health” is good.

Step 3: Review the previous month’s revenue and expenditure.

This step is very important because to see if that month has reasonable spending, what is not necessary should be cut off in the following months. Tam has a record of revenue and expenditure via the app on the phone, so just enter the amount and it’s done.

Step 4: Forecast revenue – Forecast next month.

Writing down the estimated expenditure – forecast helps Tam have a better overview in the coming month, prepare resources and can restrain improper spending plans.

Step 5: Feelings after writing financial statements.

This helps Tam enjoy the exciting spending control as well as reminding myself what to do to make the next month better.

Toan bought impulsively until he married his wife in Hanoi

Since the day I got married, I maintain the habit of making financial statements and recording daily expenses. I even showed it to my husband to reduce daydreaming because we have a lot of money to buy everything in the world and understand better what it means to spend properly.“, Tam shared more.

Not only Tam, but now many people have chosen to prepare financial statements to be able to balance their spending. Financial reporting is very helpful in helping you keep track of what you spend. You should regularly monitor and update this table at least once a year to monitor your financial progress, whether property values ​​are increasing or not.

It is not too difficult and takes a lot of time to prepare a financial statement. Just by using simple items such as: A pen, a piece of paper or using spreadsheet software, phone applications.

If your total income is higher than your total expenses, you have a very good income. Conversely, if your total expenses just equal or exceed your total income, you should consider cutting your expenses or increasing your income.

When you know how to create a personal balance sheet, it’s easier to keep your cash flow in check. Thanks to that, you know if you have “idle” money to save or invest in.

https://afamily.vn/thuong-mua-sam-boc-dong-co-gai-27-tuoi-o-ha-noi-tuc-toc-kiem-soat-ngay-tai-chinh-de-tiet- kiem-deu-shanghai-20220504173653411.chn

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