Unfortunately, many of us familiar situation when urgently needed money, and not soon before the next paycheck. If this happens once in a while, there is nothing wrong with that. You can borrow from a friend or a parent. But when you borrow from month to month, and even more, take a loan to cover the other, the rule of 10% may be hateful to you a magic wand.
Let's say you can never have enough money to cover their costs, and the wages and family income at a decent level. In this case, you should review the family budget and distribute it according to a simple rule of 10 percent. Then you effectively distribute your income and may determine how to learn to save more for large expenses.
Important! Distribute the income or wages should immediately upon receipt, and not fritter away, and then to think, where did all the money went in just a few days.
Goal number 1: Achieving Financial Independence
The top ten percent should be set aside for the future in order to achieve passive income or investments. For example, the acquisition of shares or real estate. This money is not difficult to spend, yielding momentary temptation in the form of another "Wishlist". In order to avoid this, you can open a deposit account and immediately transfer to him a certain amount. Moreover, it will increase the accumulated funds. The main thing is to choose a reliable financial institution. If you're not in economic matters, then ask for help from a financial advisor.
The purpose №2: large purchases and expenses
Next 10% it is advisable to allocate for the purchase of household appliances or electronic gadgets, the next vacation or repairs in the house. Many are familiar, when the whole year worked hard, and not to the leave accumulated sum even for a budget vacation. This situation may cool anger and even enter into a state of depression. But, as you can see, you can raise funds in advance, keeping calm and nothing does not deny.
The purpose №3: Health
Our health - our main capital. And to constantly keep yourself in shape, you need to diagnose all regularly the body, dentist, gynecologist and other specialists, exercise and take courses massage. All this requires considerable financial expenditure, which is better to prepare in advance.
№4 goal: self-education and hobbies
A small amount of ten percent of the salary should not skimping, save for a refresher course or for the development of new knowledge. It is also considered to be an investment - an investment in personal growth and in the future you will be able to take a better paying job or even start their own unique and successful startup.
If you have a dream, for example, go to the Actors Studio or learn to sculpt in clay, do not deny yourself this. For example, in the future, somehobby can bring good income to the family budget.
Also in this group it is advisable to include the projected costs of visits to the cinema, theater and exhibitions, and other events.
Charity
Charity must become for you a regular budget item. Let it will be only 3 - 5% of your earnings, but this money should be given without stint. Always if something give with a light heart, you will come back ten times more. And how much good you can give to others and to become happier!
You will also be useful to knowRule 7 envelopes, how to spend money.
