With the economic crisis and the high adjustments in products and services of basic need, there is no way: it is the consumer who suffers. According to a survey carried out by the Dow Institute, 60% of Pakis families are indebted.
Therefore, in difficult times like the one we are going through, some measures are necessary. Anyone who was already controlling the domestic budget needs to tighten their belts and assess which points are demanding unnecessary expenses. Already those who do not adopt a plan need to start thinking about one urgently.
This is the only way to adapt to this reality and go through the crisis period without compromising the household budget. In today’s post, we’ve listed some tips to help you in this endeavor. Check out!
What is a household budget?
Domestic budget is the organization of household expenses and expenses. If you live alone or in a shared apartment, then it gets more complicated, because it seems that the money goes away and you don’t even realize what you spent. But despite a tough mission, domestic budget control is necessary for us to achieve our goals and must be done strictly!
Check out in this article 5 practical tips to control the household budget and you will see that it is possible to have that money left over to do what you want so much!
Tips for controlling the household budget
Have a household budget worksheet
The first step for you to be able to visualize your financial situation is to make a household budget spreadsheet, which should include all fixed expenses, such as electricity, internet, water, rent, condominium and supermarket bills, and the variables, such as those leisure related. Write down everything in it about your finances , no exceptions.
Do price research
After defining the points that should gain attention in the household budget when the subject is economics, move on to the second stage of the process: the research. This attitude is valid for large and small expenses, such as grocery shopping, for example.
Surely, in your city there are at least two large market chains and you should use the competition in your favor. Either through the folders that are distributed with the main deals of the week or via the internet, the survey can guarantee savings of up to 25% on total expenses at the end of the month.
Another alternative is to attend fairs, which usually have higher quality fruits and vegetables at a more attractive price. Whether at the market, gas or at the restaurant where you have lunch every day: research, research a lot. In times of crisis, any economy is valid and represents a great respite in the household budget.
Reduce waste in water and electricity consumption
Anyone who thinks that fixed accounts cannot change their value is wrong. Household budget control is also in daily attitudes at home. Therefore, ration and eliminate waste in the consumption of water and electricity, for example. Small attitudes are valid here, such as turning off the faucet while washing the dishes or brushing your teeth and shortening the bath time.
Avoid installment purchases
The credit card can be the big villain of your household budget. This is because it does not print the purchase at no cost, since you do not need to pay in cash and the money is not debited from your account at the time.
Therefore, run away from installment bills, especially those that are unnecessary, with amounts that alone do not seem to compromise the household budget. Believe me: from small to small purchases, at the end of the month the bill comes up and compromises other bills.
Count on unforeseen
If you’re careful with your bills and don’t spend more than you earn, congratulations! Ending the month in blue is essential to maintain financial health. But in addition to that, there is another issue to be aware of. Do you have the unforeseen in your household budget? Most people end up not reserving a percentage of their earnings for these events, which tend to compromise the entire monthly financial organization.
Unforeseen events happen – be they changing a car tire or a leaking pipe inside the house, for example – and the best way to not be taken by surprise by them is to plan ahead and consider them as fixed expenses in the household budget. . That way, you can keep the other accounts in balance.