Ways To Manage Your Money

Money Management Skill

Income is revenue paid by superior, organization for job done.

Where should money go?

(A) 1/3 – Expenditure (B) 1/3 – Saving (C) 1/3 – Donation

The problem is difficult to solve because the high cost of living, lack of knowledge managing money and spending more than you have.

Income expenditure has 3 types: (1) - Fixed expenditure (2) – Variable expenditure and (3) - Extra expenditure.

Record every single receipt on the items spent on such as bills. In that way you can have more focus and be cautious on every single cent spent. Be smart managing your money. Record your spending in spreadsheet. So that you can do your own analysis and be your own money master.