Showing posts with the label personal budget

Set your own Budget Planning

Set your own Budget Planning   Hi, welcome to - "How is my Budget Planning today ? " We all have a Budget or may not :)  But, we have an expense and less over savings or investing. We often like to watch the Government's Union Budget and finding the pros and cons for ourselves. If someone asking you, what's your budget planning today ? Then, it seems a different for us, even we ask ourselves. How many of us have a personal budget planning today ? A Question with triumph ! Of course, most of us don't have the plan to initiate for the Personal opinion, on Budget Planning and also we haven't experience that on results. We are always discussing or gossiping about the Government's fiscal deficit and how we can see our self debt on finance ? Self Financial analysis also an important one and it should be primary than any other, to make Financial planning and be Financially free.   Why i need Budget Planning ?   Track our Daily Income / Expense . Track our N

How is my Budget Planning today - April - June 2017 - PQFR

How is my Budget Planning today - April - June 2017 - PQFR As we had discussed the 'Budget Planning' in the past two posts. Here now, i am keen to submit my PQFR (Personal Quarterly Financial Report) for the Quarter - April - June 2017. Set your own Budget Planning How to set a simple Budget Planning 2017 The report below created by me, is based on the  Super Budget 50:30:20 On the report, my fixed expenses are vary due to Medical costs and grocery items on my relative appearance :)  kindly note that i mostly maintain the savings / investing above the Super Budget terms with 30 percent plus. I believe in savings / investing for my child and for the Retirement. So, it would insist me to Retire Early :-) You can also do the PQFR yourself and go further with honest :) If you interest to share any comments, i wish to listen for that RICH INVESTING IDEAS –

How to set a simple Budget Planning 2017

How to set  a simple Budget Planning 2017 ?: Budget is a term which referred to, ' A Sum of money allocated for a particular purpose  '. Annual Budget of a Government every year is an exciting one for everyone, but it's a Pokey (Laggard) one for announcing their own personal budget. Before making (or) set a Budget plan, we have to understand why we need a Budget (or) Budget Planning ? 'Budget' allowing us to create a Plan for Spending of our money and also it helps to ensure that we have a enough money for the things we need .   A personal budget   is a finance plan that allocates future personal income towards expenses, savings and debt repayment.   Investopedia also refers the following 6 Reasons, why we need a Budget:    It helps you keep your eye on the prize. It ensures you don't spend money that you don't have. It leads to a happy retirement. It helps you prepare for emergencies. It sheds light on bad spending habits. It's better

How to create wealth (Practically) ?

How to create wealth (Practically) ?   Simple and Really ! Few simple steps to Create Wealth by your small amount of money / Business:   Buy a small Ruled Note book (or) Download ‘ Expense Manager ’ App on your Mobile. Write / Note down your Day-to-Day Expenses; After Completing a month, Make a total of your expenses with some specific titles on Grid (Like Travel, Mobile Phone and Data Expenses, Food, Electricity, Medical, House Rent,Entertainment,Tour,etc) Do it for the next 3 months and try to draw a Comparison Chart / Trend of Monthly Expenses. Now, you can know the Clearance of your expenses, where it goes… Follow your rule like as, [ My Monthly Pay - Savings = Spend ]; Now, you have a salary per month and also knowing about your monthly expense through the First 3 Steps. For Savings, you just go to the next step. Buy or Steal, ‘ Rich Dad, Poor Dad’ Book . Read only Hard Book, don’t go for the Kindle Edition or Soft copy. (Read only Hard Covered Book that will ma