Читать книгу Family Financial Freedom - Floyd Saunders - Страница 14

This may be easy for you, or you may even hate the idea of accounting for where you money goes.

With the Internet and smart phones it is now easier than ever to track every dime you spend if you want to. The good news is you don’t need to if you have created a budget and at least know which of several buckets your money goes.

Start with stating your income from things like monthly earnings, profits from a business, rental income, interest, dividends, or pension income.

Next list all of your fixed monthly expenses, things like the mortgage, or rent, car payments, insurance, a budget for food, utilities, childcare and anything else you pay every month.

Now list your variable expenses, those items that might only occur a few times a year. This includes taxes, perhaps insurance if paid annually, contributions, and perhaps entertainment. Now set aside some money for those emergencies that come up from time to time, things like car repairs, medical expenses, household expenses and a fund for vacations.

Add all of this up. Hopefully you have more income than expenses and you have left what is known as discretionary dollars, money you can spend on something not planned or budgeted.