Tips for preparing a personal or family budget
مطر الشمري
1- Write a list of all your monthly expenses and expenses (loans, rent, food).
2- Write a list of all your monthly expenses and expenses (loans, rent, food).
2- Make a list of your indispensable necessities, and calculate their approximate cost.
3- Create a savings account.
3 - Create an emergency account to cover any unexpected expenses, surprise bills, or job loss. 4- Identify the things you need to buy, in descending order from most important to least important, you will find that you spend your money on a lot of things that are not considered essential and consumer items that you don't really need.
5- Once you have your budget in place, calculate the approximate cost.
5- Once you have an idea of what you spend in a month, you can start organizing the recorded expenses into a workable budget. In your budget, you should specify how you measure your expenses along with your income so that you can plan your spending and limit overspending. Be sure to consider expenses that occur regularly but not on a monthly basis such as car maintenance.
6.
6- To ensure a good result, you need to stick to this budget that you have set for yourself throughout the month and start gradually.
