Manage Finance Through Records

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2 years ago

Money is a transaction tool to get something you want.

Along with that there is an income and an expenditure.

Income comes when the money owned is free to be used or stored.

Expenditure is when the finances owned must be used for transactions to meet daily needs, both primary, secondary and tertiary.

Good management will work right when the records are proportional to reality.

The importance of financial records:

1. Knowing the income and expenditure per unit of time both daily/weekly/monthly/yearly.

2.Knowing which priority

3. Be a lesson to always prepare unexpected funds

4. Sorting and separating net and dirty funds.

Net funds when finances can be saved for certain purposes while gross funds are funds that will be used for certain things.

Image source from Google

If we can apply all of that, there is a high possibility that our finances will be better than before.

Indeed, sometimes we feel lazy to start making notes, but if we don't start now, then when, we ourselves will feel the good effects later in the future.

There's nothing wrong with trying, as long as it's positive for us, then do it. Everything big starts from small things.

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