Many people believe that keeping track of home finances is boring and complicated. Actually, it’s not. The problem is that most of the beginners are trying to do this in detail and they spent a lot of time on minor expenses. Of course, they get tired quickly and come to a conclusion that home accounting is not their cup of tea.
Have you ever tried to save up money, avoiding expensive purchases like designer clothes and costly food but found what came into the pocket, came out? If the answer is “yes”, you should try doing a budget. Doing a budget is not about keeping tabs on the “big”, most expensive purchases, it’s about precisely calculating every cent you spend.
As a person who just started a new career, or got a promotion, handling new opportunities, including a higher salary can be somewhat hard. People start experiencing the symptoms of repetitive shopping strain and overspending syndrome, making purchases faster than sound, going out to restaurants more often than before, spending more on clothes, accessories, etc. After a few months, the cold reality sends a distinct signal – buddy, you spend more than you earn.