managing your bills

in CCC • 10 hours ago

Hello friends good morning how are you I am here again with a new post and new topic I hope you will enjoy it. Thank you so much for your earlier support it means a lot to me.

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Today my topic is going to be managing your bills. We all have different kind of bills if you are the responsible person of your family then your family relies on you. But you are not responsible then you are family don't even consider you for the bills. If you are a kind of person who use to pay the bills on time and able to manage the money but you are then you are the responsible one in my opinion. Not everyone are able to do this because this sim to be very simple but simple things are that difficult thing to do.

We all know that money management in necessary but not all of us are able to do it the rule as simple just spend what you need but people mostly spend their money on the things that day don't need that necessity. This pend their money on the things that have not that much use in their life they just want to buy it that's all. You will find a lot of videos on the Internet and about money management maybe you will watch it but if you are not responsible in up or issue don't want to then it is not going to change anything for you.

I believe that we all should learn things from the childhood and we should teach our children's and the people around us about the money management because that is very important. If we are able to do this then this is a good thing and it is going to make a lot of difference in our life and in society slowly. People don't even think before investing their money or spending their money if they will think twice may be they will rec considered but to purchase and what not to purchase. If you are going a shopping mall then make a list and always try to avoid those things that are not necessary for you.

I hope you manage your bills properly thank you see you again tomorrow maybe another day.

I hope you learned something new today. See you tomorrow. Have a wonderful day. I'm not sure what time it is. See you,

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 3 hours ago 

I don’t read much about money management. The fact is that most people aren’t very good at managing their money, and you can’t learn that from your parents if they can’t do it themselves. The problem is that most people simply live from day to day and think: ‘I’ll worry about it when the time comes’.

Money management is actually quite simple, provided, of course, that you know how much you’re spending and how much you’re earning.

Then it’s just a simple calculation: income minus all fixed expenses plus an amount for unforeseen expenses.

As far as fixed expenses are concerned, it’s naturally a matter of setting priorities:

  • rent,
  • gas,
  • electricity,
  • water,
  • compulsory home and health insurance,
  • taxes
  • school fees and travel costs to get to work or school,
  • money for the pets,
  • a budget for unexpected expenses
  • telephone/internet
    and then comes food.
    If there’s any money left over, you might be able to buy clothes and shoes, go to parties, spend money on a hobby, and so on.

I have a separate pot for everything myself, and I put a certain amount into each one every month; that way, I can at least celebrate the children’s birthdays, the pets always have food, and I’ve also set something aside for unexpected expenses – and believe me, those expenses are always many times higher than expected.

It’s a shame that you bring up a topic and don’t go into it in more detail; that’s of no use to anyone, of course, and you don’t learn anything from it either. Besides, I think the whole family should be involved in the spending and also in drawing up a budget. Only then will everyone be in the loop, and partners won’t be caught off guard if one of them dies or leaves. It’s also important for children to see how much money comes in and how much actually needs to be paid out, and that choices always have to be made – unless, of course, you’re incredibly rich, but even the rich set priorities and decide what to pay for first.

I don’t see anything about your personal experiences; if you were to include them, your piece would certainly be interesting to read, and perhaps you’d also have a personal message to share.