Where have all your money gone? If you can't answer this basic financial question in 10 seconds, then you have lost control of your money :)
Here are some tips to control your money:
- Track where the money goes
Make a commitment to track your spending. You can select any method suitable to you, either with a manual notebook or with computer softwares. All you need is a commitment to fill it.
- Make a budget
Creates budget over everything you need every months. You can keep them separates in each envelopes with labels. Stick to the budget, and you'll be fine :)
- Get out of debt
You don't have to use your credit card if you don't have to. Just use cash, or only use credit card if you know you can pay the bills.
- Hire a professional
If you think it's too hard for you, you can always hire a professional wealth builder to take care of your finance.
Wish you all the best for your financial life!