Family Financial Planning
Every month we must have good scheduled about our finance especially everything that involved the family needs, that’s why make family financial planning are important to reduce the effect of unstable economic today. Good financial planning are not an easy cases. We also are not consistently performing about our financial planning. Our monthly Financial divided into a number of criteria that consist of:
1. Payment for the bank (Payment of Debts and Credit Card Payment).
2. Payment for the household needs.
3. Family Consumption.
4. Savings and Investments
Having had good planning is about to make your Family Financial Control works well. The next stage is the discipline in executing the plans our made. Share responsibility for each payment between husband and wife:
- Husband job is to make a payment obligations and Investment Bank. For investments we selected Pension (Pension Plan) because it can be done with SMS Banking and ATM.
- The task is to rest his beloved wife Smile, this is interesting. The money that gave to wife put into the envelopes bearing the existing needs. When make a payment or expenditure can be taken from each envelope. In this way overlapping needs and lack of funds during implementation can be minimized
Envelope system is much easier to control costs. It seems classic but works well to handle money. But all the planning will not succeed if not disciplined in execution, so try to follow the rules. Then you will able to solve Family Financial Solutions.
Thanks for that very useful rules you’ve shared. you know financial is the mainly problem in a family, and I know that this post will help many people to manage their money wisely.
well, it’s great plan I think…
Another great tip on saving money is to have your savings automatically deducted out of your bank account and into a separate savings account. If you can manage this for two or three months it will become second nature and you will adjust your spending habits for the lesser amount that is in your bank account.
On top of that, if you keep this up for months or even years, try to “forget” about the savings account and before you know it you will have a ton of cash on hand!