Life hack: how to start budgeting and not break loose in a week
Miscellaneous / / July 01, 2022
1. Go to cards
This will make it easier to notice "leaks" in finances, because expenses are recorded in banking applications. And you can also use the cards attached to the general account for the whole family so that household expenses are taken into account in one place.
2. Automate cost control
If you usually pay by card, download a dedicated budgeting app or learn similar tools from your online bank. Digital "accountants" will take over the routine calculation and give visual statistics of spending by category.
3. Don't get hung up on the little things
If you spent 90 rubles, add 100 rubles to your expenses: work with convenient amounts and avoid complicated calculations. And in mobile banks, you can set up automatic rounding so that all change goes to a separate account. Such accumulations do not require effort, but at the end of the month the accumulated amount will please.
4. Remember that with a big salary comes a big responsibility.
The higher the earnings, the more strictly it is necessary to follow the money - not vice versa! Significant amounts in the account at the beginning of the month inspire the illusion that you can spend as much as you like. As a result, the money will quickly run out, and there will be less funds left until the next advance payment than it was possible to save with a more modest income.
5. Set realistic goals
Putting aside 80% of your salary every month is a great plan, but hardly feasible. If you go beyond the spending limit or encounter unplanned expenses, you will have to print the piggy bank - and it will be difficult to resist the temptation to climb into it again. In order not to be tormented by remorse, replenish the financial airbag little by little, but regularly.
6. Split your income
Received a salary - lay it out on different accounts. For example, according to the "50-20-30" method:
- 50% allocate income for mandatory expenses: housing and communal services, transport, rent, telephone, products.
- 20% save money for the future. For example, throw this money into a piggy bank if you are raising funds to buy a car. Or stuff your financial airbag with them.
- 30% leave for pleasant expenses.
Such a system will create a comfortable financial framework and help manage the budget without breaking into spontaneous spending.
With a competent division of funds, it will be easier to save and protect what you have earned from waste. And you can also get additional income this way - for example, if you distribute those very 20% of investments in the future among deposits in different banks. The first personal finance platform will help you do this quickly and without going to offices.financial services». Here you can compare conditions for deposits in banks throughout the country and immediately open a deposit. By the way, for the first deposit opened through the platform, Finuslugi will give a bonus of 5% per annum to the bank rate!
Open first deposit
PJSC Moscow Exchange is the operator of the financial platform and provides services related to ensuring the possibility of concluding financial transactions with financial institutions. The first to start providing services to ensure the possibility of concluding transactions with financial organizations for making a deposit, obtaining a consumer loan, OSAGO. The promotion "Bonus + 5% per annum for opening the first bank deposit (deposit)" applies to the first online deposit in the amount of up to 300,000 rubles and for a period of up to three months. The Big First Deposit promotion applies to the first online deposit in the amount of more than 300,000 rubles and/or for a period of more than three months. Valid until July 10, 2022. Bonus up to 5% per annum of the deposit amount is calculated by the formula: deposit amount × 0.05 × deposit term in months from rounding up to a whole number / 12 months, but not more than 3,750 (three thousand seven hundred and fifty) rubles. Full terms and conditions of promotions finuslugi.ru. In the event of an insured event, the Deposit Insurance Agency will automatically return the deposit amount, including accrued interest, but not more than 1,400,000 rubles.