Monday, April 20, 2009
money...
Since my national service days... my mummy have entrusted me handle all the bills payments and budget planning calculations for my small and non-wealthy little family of 2 person..
I feel like I am the finance minister of the house.. and my mummy is the president who just sits there and grant permission upon request.. :)
I have learn to be calculative... I use to be a spendthrift during my ITE days.. not knowing how hard to earn money...and where money comes from...
My mum always cares for me..those days.. I must agree...
But since I finished my full-time studies and start to earn my own allowance money during national service in 2005.. I have learn that money doesn't comes easily...
Specially from a small and non-wealthy family of my.. if I didn't do the financial planning well..we might end up.. without food on the table...due to overspending..
Every single cent must be well spent...because it's hard earned either by me.. or my mummy...
Study every item properly..up side down before subscribing to the service...
Spend the least amount of money..on correct items for maximum benefits and returns...
Every month we set aside an amount of money...we called a name for it... as
'national reserves'..
It will protect us upon rainy days...
For those we are still learning how to organize personal spending..
Keep the following tips on mind...
upon obtain your salary... set an amount of money aside...
put it into a bank account ..that does not have any ATM cards...
after setting aside that amount...
plan well the remaining amount and remember
spending less then we earned .. for every month... :)