Many people today do not know how to make personal budget,especially for 20 -27.To avoid spend money excessively,people must doing his own personal budget
Personal budget refers to the estimate of personal income and spending for a certain period, usually monthly.Example of personal budget is as follows:
Income: ($)
salary XXX
extra income(e.g:pay rent) XXX
compulsory piece:
taxes XXX
type of expenditure:
foods XXX
retail goods XXX
pay the rent XXX
Bills:
telephone XXX
water XXX
electric XXX
fare XXX
recreation XXX
clothes XXX
Total of expenditure: XXX
XXX
balance(savings) XXX
After minus total of expenditure with total income,you should get balance for savings.If your balance get negative(-),its mean that you are excessive in spending.If there is no balance(0.00),you are spending just enough with your income.
thank you.
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