The amount of salary received is very influential on the way it is managed because it can avoid a financial deficit condition. Especially if the condition of the family is moderate or the monthly salary is fixed. With a fixed salary, it is not uncommon for a family to run out of money in the middle of the month.
That's all because it's not wise to set a monthly salary and also meet household needs. For those who have a salary of around 1 million per month, it will be difficult to save for the future.
Here's how to manage household finances with a salary of 1 million:
1. Recording Income and Expenses
The first way to manage household finances with a salary of 2 million is that someone must record all income and expenses.
This method is very important because it will predict the expenses that will be faced. Well, after knowing this, one can better prepare and filter expenses properly.
This recording is also intended so that someone can estimate the budget well. Written records can also function as financial data records and find out what needs are used.
If someone used to record something, it would be wise to use money.
2. Creating Priority Scale
At the time of receiving a new salary, a person feels he has a lot of money, and is not aware of the need to come.
This shows that there is no priority scale, and this often happens at the beginning of salary receipts. Moreover, the salary received is around 2 million, so you have to be smart about managing salary money.
How to manage family finances or monthly finances will focus on the priority scale that has been made. One should prioritize buying the most important items or necessities. The percentage of salary distribution for basic needs reaches 50% of the basic salary.
3. Save Cost
Frugality is the most mandatory thing to set on a person, especially for a fixed salary of 2 million per month. Something that is purchased but does not affect the life force can be reduced or even stopped.
Activities that are not very important or desire such as shopping, sightseeing, hanging out can be done if you have more money. If someone is used to implementing a frugal life, it will definitely be wiser in managing finances. The rest of the money from saving earlier can also be saved to make it more useful.
4. Save
The basic thing in managing finances is saving. Saving is easy to imagine but hard to do. The remaining money from frugality can be used to save and can be used to buy items that have a high purchase value.
Tips that can be done in saving are when someone receives a salary, they can immediately cut the nominal savings. For example, if a person receives a salary of 2 as well, they can allocate 300 thousand for savings. In how to manage household finances with a salary of 2 million must be very careful.
5. Avoid Unnecessary Credit
Many credits are now offered in the community and have high attractiveness. At first glance it is very tempting because you can buy goods in installments at a low price. However, if the item being offered is not important or not needed, it shouldn't be necessary.
A person can make credit if the goods purchased have economic value. For example, photographers and need to upgrade the camera to get more work. Or also education credit for courses or lectures, hopefully it will be more useful.
Posting Komentar untuk "How to finance a household with a salary of 1 million"