Why not consider a sale of a person? Or your family as trade in 3 or more people? Result that is exactly what you are – "Me Incorporated", "I Inc", "We Incorporated". Align you have to consider a small family affair. Like any business expenses you continue (mortgage, rent, utilities, groceries), income (salary and other income) and expenditure on investment (house, car, vacations, renovations). Like any good 'family business', you must do some planning. A precise estimate for the year, then your earnings to operate and maintained (savings). Yes, all this points well, and it feels just like a business operation. On my Gosh! Don 't the fast flowing out and buy an accounting program to run your family. And no need to stop a course on accounting or accounting. You can make all your requirements for tracking and financial planning with a certain paper or using a simple template with your package of favorite spreadsheet – Microsoft Excel or even Office.Just well as open a market of operating your budget Family and tracking your expenses is best served by using visible a record of events, ie, records, bank records or financial control. It is just as the pursuit of your progress of road travel using a program. If you know where you are now, then you have some idea when you arrive at your destination. In life, money or finances allow you to get to your destination or personal dreams. A financial road map visible on your 'Me Incorporated' finances, tracking your progress, seem logical. Running your 'Family Business', as the corporate market, requires some processes to keep track of your finances: 1) provides an estimate of annual and monthly family. Consider all your expenses – expenses weekly, monthly, quarterly and annual money. You'll be surprised at the length of this list and all the places that you spend your) monthly money.2 track your income and really spend against budget you decided to step 1. This will help to see the 'peaks and valleys' function or seasonal nature of the expense of your expenses. Over time, you will know this spending 'peaks and valleys' and this will help to make a positive cash flow. Bottom line: money in the bank has to pay all your expenses and still have some left side above (retained earnings). Your single biggest challenge in the race the whole family (or trade) is always having enough money in the bank to pay the bills, in particular, those unexpected. Having an amplifier of savings will help with these 'peaks' in expenses.3) Follow all the activities of your bank account. Follow and enters into your bank or log in every store, every (air, web, PayPal, a debt machine) and each electronic transaction (check, money order) analog withdrawal. And reconcile your monthly bank statement. Knows exactly how many money available in your bank account.4) particularly follow your spending through credit cards and lines of credit. These are potentially the 'run away' costs. Remember only once a month you see the notation visible costs of your credit card. Make one with the fact that most people have more than a credit card. This can easily cause 'multiple charges surprises' every month. Both nell'inseguimento diligent use of your transactions credit card. The cost breakdown of the credit card in their respective budget lines – gas, groceries, clothes, entertainment, etc.. This will help to separate the waste of other normal family fortuitous purchase. We will see your spending patterns and you can now proceed to the records. Just as your bank account, reconcile your monthly statement of your credit card. All this personal accounts each month can be done with pen and paper or install lle personal finances and a mask to put in the budget using your favorite software spreadsheet. Using an electronic spreadsheet calculations take into account all land be done automatically, reducing the monthly reconciliations to a mere 5-10 minute. If you choose an analogue or digital method to your personal financial accounts, these annotations are visible most effective way to design and manage your personal finances and reduce one of the main effort in your life – your financial health .
Carl Chesal
Oct 26