Control Your Money Using
These Tips and Hints - A Short Article Packed with
Useful Information
Money:
Where does your money go?
If you are going through the lists properly then you will have already tackled
the bills. Here we show you how to understand where your money is going to.
Look through your cheque book, statements, and receipts. Start gathering information
on where, and how much money you spend in various categories on a weekly or
monthly basis. This is showing you where your money has gone.
Now it is time to create some records
First record: Carry a note pad around with you at all times. As you are spending
money write it down what it is and how much it cost. Start with a day then add
up your total spending habits from that day. Then go onto do a week but don't
add up the costs until the end of the week. Then try and do a whole month. This
is a daunting task but by the end of it you will feel much better and more in control
of your spending habits. What ever you do don't give up this is the only way
you can learn to understand where your money is going to and how to control
where your money is going to. Keep your papers in a shoe box and name it Spending
record.
You will be amazed at the amount of money you spend in a day never mind a week
or a month.
Second record: It is now time to go through your first record and put a tick
next to all the things that you bought because they were on sale or just for
the sake of buying something, the things you spent to much money on and the
things that you could have done with out. Write these onto a separate piece
of paper and add up the total. Put them in another shoe box or packet and call
it Things I wasted my money on.
Now you are aware of where your money is going to and how much you are wasting.
You should be control your spending habits now and you will also be feeling
a lot better and richer hopefully.
Remember to keep receipts for every thing you buy.
NEED MORE INFORMATION?
NOTE: RESULTS WILL
OPEN IN A NEW WINDOW
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