Be effective in using your money. Of course you know how clueless behavior toward money management could affect every aspects in your life. Here's some tips to effectively manage your money:
- Knowing how much you can spend
Take the amount of your pay check as reference.
- Write down what you spend
Take control of every spending you make, write them down for at least a month. You will know where your money really goes and be more careful next time.
- Set a budget
After knowing all that you spend, list all of your income and expenses. Set your expense budget to all things you spend in a month. Don't cheat!
- Live below your means
Restrict your credit card spending. Unsubscribe the cable tv and magazine.
All these small steps will reduce your expenses and
build your wealth, for sure!
posted on
Sunday, June 29, 2008 9:48 PM |