raaman
Valued Contributor
Managing your Money.
Having financial stability is the dream of many people. But with unpredictable economic conditions, planning your expenses and saving enough to build wealth becomes difficult, especially for those who are starting their business from the scratch. However, there are ways for those who wish to have a healthier financial life, even on a modest income.
If you adopt at least one of the good habits, you will see that over time your money will multiply and you will be able to invest in the activities that you enjoy the most. One thing to know here is that from now on, tables and calculators should be your best friends to follow.
Fixed charges are those we pay each month, such as rent, electricity, internet, etc. It is important to also include in this list the taxes you pay throughout the year. Recording your expenses is important to know how much you will have left at the end of the month to invest, save or even spend.
If you are in business, you must also control the fixed costs of your business, such as rent and production expenses. There are many ways to carry out this control, but I suggest that you maintain a spreadsheet on Google Drive, since in addition to having these documents saved, the tool itself calculates the expenses.
Having financial stability is the dream of many people. But with unpredictable economic conditions, planning your expenses and saving enough to build wealth becomes difficult, especially for those who are starting their business from the scratch. However, there are ways for those who wish to have a healthier financial life, even on a modest income.
If you adopt at least one of the good habits, you will see that over time your money will multiply and you will be able to invest in the activities that you enjoy the most. One thing to know here is that from now on, tables and calculators should be your best friends to follow.
Fixed charges are those we pay each month, such as rent, electricity, internet, etc. It is important to also include in this list the taxes you pay throughout the year. Recording your expenses is important to know how much you will have left at the end of the month to invest, save or even spend.
If you are in business, you must also control the fixed costs of your business, such as rent and production expenses. There are many ways to carry out this control, but I suggest that you maintain a spreadsheet on Google Drive, since in addition to having these documents saved, the tool itself calculates the expenses.