Family financial planning is strongly influenced by two main things, namely how much you are earning, where you are from and what your monthly and family expenses are. Let’s just say your income is fixed and haven’t found additional sources of income so to balance income and expenses one important thing you have to do is save your monthly shopping money.
Are you still confused about how to do it? Or have you done but still less effective? Check out the following powerful tips:
Use System 31 Envelopes to Save
As a housewife who is responsible for spending money, you only need to prepare 31 sheets of blank envelopes to start the 31 envelope system.
The next step is to take all of your money and put it in an envelope as needed, such as paying for a house or rent, buying rice a month, paying electricity, water, telephone, gasoline, …