How to make an effective budget in “difficult” times

It is not new that we are going through a period of economic adjustments, where bills are increasing and inflation doesn’t help. That is why it is important to know how to make a budget of monthly family expenses and thus get to the end of the month in a carefree way.

In everyday life, one has fixed basic expenses and certain allowable ones that must also be taken into account, if one wants to lead a quiet life but at the same time, enjoy it. Or what is the purpose of life if is not to enjoy the present?

The primary expenses of the household include food, bills, children’s school, public transportation or petrol, clothing, and health; but we must also take into account when thinking about how to budget those unforeseen events, plus entertainment. While mortgages or insurances should also be considered when analyzing how to make an effective budget, based on incomes.

Important recommendations to manage the family budget

When you are learning how to make a family budget to organize the finances of the house, the ideal is that first the whole family to participate and think about what seems more or less relevant. And so, everyone is aware of the crisis that the country is going through and how to make an effective budget in advance would help to avoid future needs.

When it comes to separating money for food from that family budget, it is important to keep in mind the supermarkets with discounts, the days of special offers and not always buy first brands. In terms of transport, cycling is a great option, not only because it saves transport and gasoline costs, but also because it helps maintain a healthy lifestyle. We know that at least in the capital there are many bike paths.

Old and young family members should take care of light, water, and gas. Teaching the young ones of the house the importance of turning off the computer or television, like the light of the rooms when they are not inside, will make them aware of saving the energy, and therefore they will learn how to make their own family budget in the future.

Family dialogue is important to emphasize that buy the brand-new clothes is not a real need, even less feel shopping as a hobby. And also, it is the ideal moment to anticipate what clothes would be really needed that month, and practice together how to make an effective budget, which also takes into consideration the opinions of all.

A moment of family union

Something that seems schematic and boring, can become the ideal time to chat and share an activity while eating gnocchi on Sunday. Keep in mind these tips on how to make an effective budget at the beginning of the month, and you will be sure that you will finish the end careless.

CLAUDIA CORINA CEJAS
A sample text is written for Marvens