Financial notes

 A very important topic that I am actively studying now is finance.  Have you heard something about this already?

 Yesterday I found an article on how to properly keep track of income and expenses and why.

 Telling 👉🏻

 "Money loves counting."  Why is it so important to count them?

 For the effective implementation of any economic activity, it is necessary to control both income and expenses.  We all want to have a lot of money in order to afford a comfortable life.  At the present time in our life, money decides a lot.  It means that you should definitely think about how to properly handle them so that we never have financial problems.  It doesn't matter how much money we get - it matters how much we have left.

  Accounting for income and expenses will make it possible to plan your future.  One very rich man has always said: "To be rich, you have to learn to read numbers."  This is what we will do.  A family or personal budget should become a kind of financial plan, a set of rules according to which you can rationally manage your money.

 The budgeting process can be divided into three stages:

 🔺 Fixing the income and expenditure of money.

 🔺 Cost analysis.

 🔺 Planning income and expenses.

 To begin with, I propose to systematize your sources of income.  It is necessary to remember all of them and write them down on a piece of paper in order.

 All income and expenses must be methodically recorded every day.  Do not miss the days: it seems that I will remember what day and what exactly was purchased.  If you write down after a few days, the purchase may not be included in the list, as a result, it will be forgotten, and there will be a lot of bewilderment, where did the money go?  Be sure to keep all receipts.  Summarize at the end of the month.

💸Now you need to analyze everything.  By reducing costs, you can increase your income.  Accounting for expenses stimulates the development of self-discipline and getting rid of unnecessary expenses, because, when recording the movement of money, we certainly think: "Can I do without it next time?"  The situation can always be changed in the right direction.  Later, you will find a new use for them (money): you can postpone it for a vacation or for an acquisition that you have long dreamed of, but there was always not enough money for it.

 The statistics for the year is also very indicative - there comes a clear understanding of how much you earned and spent in a year, and an understanding of how uselessly part of the money was spent, which is a tidy sum in a year.

 In this case, the main thing is not to be lazy and not to postpone writing until later.  Happy calculations :)💸