How to Manage Household Finances With a Small Salary – the size of your salary for the right money You can avoid the condition of the fiscal deficit. Especially if your income includes fixed income aka fixed salary with living needs that rise and fall. For those of you who read Regulate Low-Cost Household Financing, they will make money for several things such as emergency funds, tuition fees, pensions, car purchases, and so on.
There isn’t even money in that month’s money. This might happen because they cannot manage salaries well to meet household financial needs. Every family must have a project for money such as vacation. Owning a house and car, up to the cost of children’s tuition, and pension funds. The plan is to make lots of money while looking for additions that are not easy.
You need a number of ways to manage household finances with a small salary so that the plans prepared can be achieved. For simplicity, consider the description of how to manage household finances with this small salary.
Perform a Home Cost Evaluation
Many people who find it difficult to manage finances because home instalments (KPR) have already deducted a large portion of their monthly salary. Instalments of the house should not be more than 25% of the total salary earned each month.
Look for a mortgage that offers the smallest instalments, or if you can’t afford to take it home, make a cheap contract. There must be several offers that match your abilities. The key is you have to be diligent in looking for information.
If you have your own home, you can set aside a portion of your money to make a living or invest. If you are single, you can rent a room at home for 1 or 2 friends. Money from renting out that room can help you pay instalments cheaper and is a good way to invest. In this way, you can pay back the house and set aside money for other money such as savings and emergency funds.
Plan Monthly Shopping with Ripe
Financial waste is used to make money for needs, even though desire is not always a necessity. The best way to use income is to make a monthly budget using a written budget. Spend money according to the plan that has been made.
If it’s already there, buy what you need, you already have a budget for advancement. But do not use the money that has been prepared, because the money has been used for other needs. Use a budget to do things that you can use to take over something you don’t need.
Plan the articles of association, by dividing the list into two, namely: primary needs and tertiary needs. Primary needs include food, transportation costs, electricity, air bills and telephone, home instalments, motorbikes and cars and much more.
While tertiary needs include: Budget for shopping for clothes, travelling, to a budget hangout with friends or colleagues. In addition to being accustomed to making a monthly budget, you also have to get used to spending money that has been made.
Buy items that are still feasible
Items that can still be used for shopping, such as used cars, used electronics, used furniture, and so on. Many people offer offers of used goods that are rarely used, some even never exist.
Sometimes people can find items that already exist, but the items in them are not yet available. But they are not sold like new items because the packaging has been opened. Many online stores offer used items that are rarely used, you have to diligently look for it on the internet.
Used goods that are still suitable for use or used goods with conditions such as new items will greatly help you save money. For example, for families who have recently moved homes and furniture such as tables, chairs and other household furniture. We recommend that you buy used items that are still good at thrift stores, flea markets, and online stores, but don’t forget to bid. With a little polish, the table and chair will look like new.