I need this now! Budget Plan💙

Article #75

August 27,2022

Hello madlang people around the world!

It looks so nice the weather today and the good news is its has a long weekend because of two consecutive days of holidays (Monday & Tuesday).It would be a great time for the families to go bonding together and enjoy the most of the time.

As you observed from my previous articles,mostly I write about my family and work because I was more on home and work only.I dont have lots of experience about hanging outside with friends or any bonding moments from other people because Im not used to it.I am contented with my family only.

Anyways,this is just a simple summary about my personal thoughts only and with out any further discussion I would like to share about my Budget Plan in our home .

I am worried about the continues highly prices in our stock market and mostly our basic needs are in a high state right now.So I guess I need to think a way to lessen my burden on budgeting because it is not easy to take the responsibility especially when you have kids/children that needs more budget for their needs.

We are just three,my partner, my daughter which is twelve years old already and she's in grade 7 this school year. Me and my partner has a work and when we combine our weekly salary it will become 6,000 pesos(120 dollars)for one week.We all know that this amount will not be enough because of highly cost of our essentials.

These are my priorities on my budget list..

Food/beverages/groceries

Of course!food is the first on the list.I put half of my budget on this,I go in the market every Sunday to have our groceries for the whole week of budget.when you buy,try to have the list of your needs so that none of those needs will left out.try to less the not so important to buy or drinks that should be lessen to avoid short of budget.make sure that the budget intended for will be enough and do not put an additional to have proper decipline on how to handle the budget.

Extra expenses/motorcycle maintenance/gasoline

I set aside an amount for an extra expenses because this is also very important for our daily routine in work,home and school.this really a big help to have wheels in traveling to avoid hassle and to make it our life easy as we can then be it.

Savings

This is very important to have a savings even just a little amount we have to save for an emergency purposes also.we dont know what will happen next or tomorrow,maybe we lost our job anytime because of economic crisis that we are facing this time.a saving for the future and not all the time we have a good health and we do not know what would happen in God's will.Just we pray that everything will be okay everyday.

Closing thoughts

Always have a plan ahead of time to avoid complications and hardest time will come unless your prepared already and you will find it hard because you have a plan B to execute in the future.Be wise now and live freely ❤️💙

Thanks for reading!

Lead image from Unsplash

@maria_23