Towards December month

What I have observed December month is different from the other months because there's lot of expenditure which exceeds our income.
What makes December a month expenditure are
1.Holidays(Christmas,Bonuses, Renovation,
Entertainment etc.
2.Competing (Clothes, Cars)
3.Touring(local, international)
4.Food exploration (Visiting Restaurants)
5.Visits (from the families,throwing dinners)

Can you be able to control some of the above 
expenditures.Yes,we can if  we plan.
Let's start from finances.
A.How many bank accounts do you have?
B.Who keeps those cards?
C.How do you categorized your expenditure?
D.How  many part time or full time jobs do you have?
E.How big or small is your family?

A.Bank accounts 
You need 3 bank accounts.
1.Normal bank account which covers the day to day expenditure like gasoline,bread, vegetables and other regular food items.This type of account 
covers the daily expenditure under R200 or $12.00
2.Emergency bank  account like
Tyre puncture, health conditions like headache.
window fracture,toilet leaks,pipe bursting, Dysfunction of the appliances.
Anything which is above R500 or $60.00
3.Major Projects 
These take up from R10.000 or $1500 to R100.000 or  $10.000 immediately but such projects are not limited they can go very far.
The question is affordability.

By December each  account should have 
1.Normal bank account 
R15.000 or $1 500
2.Emergency bank account 
R20.00 or $3.000
3.Major Projects
R100.000  and above  or $10.000

B.Who  keeps  those cards?
Before I answer that question,are  you financially 
disciplined, meaning do you stick  to your budget?
If no, find someone who is reliable in the family or arrange with the bank to give you a certain limit day 10% monthly.

C.Expenditure  categorization
There are  people who jump with their cards when there is sale.When the sale  comes,it must be within  your plans.

D.Number of Jobs
If you don't have one visit
parttimejobsseekers.blogspot.com

E.Big/small  is your family 
The size  of the family determines the expenditure.

Comments

Post a Comment

Popular posts from this blog

How do People know you?

Some of us are known because of our 1.Lifestyle 2.Communication style 3.Clothes  which we are wearing  4.Cars which we are driving. 5.Houses which we erected 6.Sports 7.Profession 8.Media utterances  9.Religion 10.Irresponsible 11.Most violent person in this world  12.The moderate person 13.Most controversial person. 14.Genorisity person. 15.Some are influencers  Well, you may say you don't care but if you are a Businessperson  you have take heed of your actions.In business image attracts.pulls the clients.In order to succeed you must have  1.Good name 2.Good product  3.Good  understanding of your customers. 4.an appeal to a range of your clients including age groups  Let's us see each of what I have said  1.Lifestyle Although it's your money,your life you don't owe anyone because it's your choice. I'll suggest that go and live with the people of your lifestyle. 2.Communication Simple Greetings in the most communities  may ease...
Read more

Welcome to the Reality

What is happening was planned direct or indirect last year or previous years years even when you were not born.Lets iron the facts: -That you were born,it was not an accident. -You grew up in your country was not of your choice. -When you were baby,you were given baby food which was not of your choice. -As you grew,you had limited choice because you were not working. -After some years,you had more choices with the limited money. You entered into the next phase: The paths were parallel: •Those who could find work. •Those  who cannot  find  work. ∆Those who could find work  -There were permanent jobs which paid very well. Very  few are pulling hard. -There were permanent jobs which couldn't pay well.This group is pulling very hard. -Those who worked and they suffered from the lay-offs.That group is suffering now. ∆Those who could not find  work  This group survives by handouts from non-government organization's including churches and the Religious organi...
Read more

Hard Education

I was taught  1.to  Work if I want to succeed. 2.to choose successful or positive minded friends 3.that  most of the time I should think about Work or what I'm doing. 4.If I don't have Focus in my life,my future will be a nightmare. 5.Trust is earned not given. 6.Don't oppose a boss, disagree  silently or give or extend your thinking. 7.Listen and Respect. 8.Do what will sustain now and the future. 9.The completed work should speak itself. 10.It is not  one EARNS,it is what one should GIVE. The above teachings were accompanied. -Harsh implementation. -Not mistake is tolerated  -Not time to be wasted  -Strive to perfection  -Have healthy balanced food -Not church attendance,no Sunday food. Funny part: -I did  not see  as oppression. -I saw  as the way of life. -I accepted the Rules of the family. -I accepted that every family have her own rules (as much as every country is got the right to survive as long as their citizens are treate...
Read more