Best Tips On How to Manage Your Expenses and Control Your Finance

Making Money is one of the easiest thing one can do but the problem is how to keep and effectively manage your money. Throughout this brief guide and tips, i will be given you some proven tips on how best you can effectively manage and control your expense and be in charge of your Financial life.

PROVEN TIPS ON HOW TO MANAGE YOUR EXPENSES AND CONTROL YOUR FINANCE

1. REDUCE YOUR DAILY EXPENSE
Careless expense on some minor things like phone calls, going for outing, buying unnecessary materials is one of the greatest thing that takes up our Money and put us in a perpetual Debt, if you can be able to control the way you call people, the extravagant and daily expenses on thing that don't add value to your life, definitely you will be in charge of your Financial life.
2. REDUCE YOUR SOCIAL LIFE ACTIVITIES
Social activities like hanging out with your friends, going to your resident and gathering with pears is a very good avenue where you will likely spend most of your earning. Let me clarify something here, if for instance, you are with your pears and there is on going debt on who will be the hot guy or girl in turn, definitely you will try everything possible to emerge the best . I am not saying that hanging out with your friend is bad, far from it, what I am driving at is doing it in excess and associating with people who is not in your social class or category.
3. HANGING OUT WITH BAD COMPANY
You know the popular statement and Quote that say Bad friend Corrupt Good Company, that statement is a frank truth , if you really want to be in-charge of your financial life and to control your daily or monthly expenses, you should do every thing possible to avoid bad company with friend who will spoil your mind and force you to spend above your earning. Take for instance, if your friend is the type that always tell to go and get the latest hot clothe or accessory in town and to buy one expenses thing or the other definitely that your friend don't really want your progress in life, I am not saying that if your friend tells you to buy good thing is bad, all I am trying to point out here is that if your know quite well that you can afford that particular item and he or she is forcing you to buy such item, don't you think he or she is playing with your financial life?
4. LEARN TO SAVE MONEY
Saving money has being a proven formula towards being wealthy and financially free. Saving of money is a gradual process that takes time to mature, try ever means necessary to save just a small portion of your daily or monthly earnings. If you to save money, don't save large sum, try saving either 20% or 40% of your earning the reason for this is that if you try saving high amount in a bead to create and build your financial life, you may end up not being able to keep it because if you don't map out money that will handle other expenses and logistics, you will definitely go back and take up that your savings. We shall explain and enlightening more on this aspect on our feature publication.
5. HAVE A MONTHLY BUDGET OF YOUR FINANCIAL LIFE
Try, every means to always draw a map or budget for your feature monthly project and prospect this will go a long way to help you regulate your expenses drastically because you will be working on a proven system of financial control not on a m,are formality of financial life.
Apply this five tips and you will definitely see how well your financial life will turn around for your own good.
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Best Tips On How to Manage Your Expenses and Control Your Finance

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