How to conduct the family budget fairly and efficiently

Approach to the management of the budget in different families may be different: some put all the money together and spend at necessary, others are thrown off only on the overall spending, but some of the money left for personal use. In any of these options may cause misunderstandings and suspicions that one of the members of the family is spending more, but the interests of another infringed.

If the family does not understand where the money goes, this may be a cause for quarrels and insults.

To avoid confusion and recriminations, total spending is necessary to make clear in advance negotiate large purchases and financial goals, but at the same time leave space for free expenses.

Let's take turns Let us examine the rules of fair and effective management of the family budget.

Together plan costs

Plan your budget - it's a great tactic, which is shared by most of the rich people. For example, a surveyHow to plan a family budget: the experience of Russian millionaires successful Russian businessmen showed that 73% of participants are a hard target budget, which spells out in advance all expenses.

Planning solves several problems:

1. Avoiding impulse buys, which often turn out to be unnecessary.
2. It helps more sensible approach to spending and achieve goals, such as saving on the entertainment, to afford expensive purchases or repay loans quickly.
3. Eliminates misunderstandings and suspicions. When you are at the stage of planning you can see how much money is spent on each person can adjust costs and restore justice.

Earlier this month, count all the necessary expenses for food, housing, transportation, clothing and footwear, pet, write the approximate amount. Then you can share the costs equally on the principle of "I buy food, you pay for an apartment" or create a pool of money from which to take the money on common needs.

Make a budget transparent

Your financial partially clarify the relationship in the family already in the planning stage, but for the complete harmony and transparency is needed in the process of the planned execution. Let us examine a few ways to solve this problem.

collect checks

This is a fairly time-consuming and inaccurate way as checks are easily lost and not always granted. Also, to see the costs you will have to sort through mountains of papers, remember, that was issued for each "ring" check and calculate the amount.

Install a mobile application for accounting of expenses

This method is much faster and more convenient. In the App Store and Google Play, there are many applications that allow you to record all expenses by category, set up a common access for all family members, and view statistics.

However, the share in most applications is only possible when paying a subscription. Besides, if you do not record on-site costs, they can relax and get lost. As a result, at the end of the month is always the amount spent goodness knows where.

Use a common bank account, tying him cards

It is even easier way to keep track of costs. All transactions are recorded in the banking application automatically, so that nothing will be forgotten or lost.

However, this method has its drawbacks: not all banks can offer such an option. Family Banking in Russia is in its infancy, and only individual banks explorers try to maintain a family.

Not so long ago the family access to all banking products appeared in "Raiffeisenbank». Now, family members can share with each other by any bank product: the current account, credit, deposits, as well as to combine spending on the cards. You can create a separate account, to call it, for example, "general expenses", open access to family members and others to release this account right amount of cards.

To use this service, all family members have to open a current account in the "Raiffeisenbank" and to have an account in the Internet bank "Raiffeisen Online". After that your loved ones can make purchases with their open account and replenish it by its own means.

By the way, the service is available not only to the families but also to your friends: available on request, regardless of family ties.

All transactions will be reflected in the Internet bank (after the New Year and in the Annex) both you and your loved ones have, so that each family member can see what the money goes.

If circumstances change, you can at any time block access to all accounts, loans and deposits. But, even knowing this, not everyone is ready to fully open their income and family expenses. And it is not a lack of confidence or some mystery shopping, just a lot of people are in need of some liberty and money. And this point, too, is taken into account in the construction of the family budget.

Leave space for personal spending and savings

If you are chosen as a general fund bank account is not necessarily translate to him all the profits. You can list only a portion of the money, and the rest is left to the personal account. For example, in the "Raiffeisenbank" close your browsing and use only products of all shares, and the rest of your bills, loans and deposits remains private, no one can control them.

In addition, many experts recommend postponing personal finance 10-20% of their income as savings or invest that amount. If revenues allow you to set aside something, use this advice: accumulation help out in difficult situations.

You can defer part of the income, making private contributions, and if you want to save up for something together with their families, the general use savings accounts and deposits.

Achieve common goals

It so happens that one member of the family tries to achieve some goal - to reduce costs, to repay the loan faster and save on journey - and the other supports it only in words. To avoid this, you need to pre-negotiate the goals and strive for them together.

For such cases, you can use the joint contributions or share credit and mortgages. In the "Raiffeisenbank" this is a possibility, too.

For example, you decide to pay off your mortgage faster. You agree with the spouse to devote to it a certain amount, open access to mortgage and start to repay it together. In this case, a vague desire to quickly pay for it is transformed into a concrete goal - to make this month, five thousand, and your plans begin to be realized.

The same thing happens with the savings account and deposits. You create a cumulative target ( "On vacation", "In the new car," "birthday party"), open access, and begin together to translate the agreed amount each month.

Keep track of expenses of children and helps parents

Pocket money for children and financial assistance to elderly parents - another item of expenditure, which can be divided into two. The most convenient way to do this with a banking application. For example, you can configure avtoplatozh for monthly assistance to parents and to create for them a separate account and transfer money there if necessary.

With regard to children, you can do the same or to use specific products. "Raiffeisen Bank" offers special debit cards for children. You can partner together to manage your child's card: fill it and see all the committed transactions. Children from six years of age may use the card and user-friendly mobile application, which is not only transaction data, but also learning about personal finance.

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No matter how many people in your family earn money, have a steady income or occasional part-time work. All of this can be accounted for and honestly share the costs. For example, if one gets paid once a month, and the second works freelance and has some of the proceeds to the stage planning, they can spread the cost, and then track actual spending in the mobile app or your account Internet Banking "Raiffeisenbank».

With this approach, you can make a family budget is the most honest and transparent, to stop quarrel over money and at the same time leave the share of personal freedom at the expense of non-discretionary accounts.