The development of a series of successful budget

This is probably the most requested, I understand, usually after some unexpected great cost, or you start to realize their retirement and have enough money. I recommend a time for the monthly flows inwards and outwards, like most of invoices per month, and four weeks, a little 'time programming, most people who can. The first step is to determine the monthly income. In general, the amount of money from your salary to be deposited in your account. If your income is variable, with an average of the last three months. (All savings income savings is a bonus). According to the list of your fixed monthly expenses, rent, mortgage, car payment, phone, e-bill, etc. All these data can be long term, but First you must establish a budget, where you are. Make sure that all businesses, some are paid quarterly or annually, like car insurance, water bills, or a fee. Take these costs and calculate what would be on a monthly basis. For example, if the water comes Bill quarterly, that 3rd If you have six months of car insurance, then a 6. So, now you have your fixed monthly income, fixed and your monthly spending. Deduction on the other, and you have the variable sum of money is free to spend as you want for the rest of the month. This fund in the budget the sum of money, start selecting the main categories of expenditure variables: food, maintenance, medical care, clothing, cleaning, care of the body (hair, nails, etc.), and gifts. Take all the variable costs and, in turn, the amount you think your average monthly expenditure for this category. Increase the number of subcategories as you need to make a precise estimate. More precisely, it is responsible for your spending patterns, the most effective for you. For example, foods may be at the store / Fast Food / Restaurants / Lunch for work / etc and then within the last month of credit card and check the research on all the expenses that are not covered, the point that you need for your situation. You need your total monthly income, for a total monthly fixed costs and variable costs per month. The moment of truth is, if you spend your income to see if there is something that remains. Do not worry if it is a negative number - it is far better to discover now, rather than the debts of the credit card after implementation. Most people somewhere along the review process: "Oh, so goes my money. I had no idea, I've got a lot on this!" Since all the figures in black and white can help you, the priority (and negotiations with all the other economies of foxes in the family). For these first budget, we can start to create the objectives for the categories of monthly spending, you can count on the reduction of spending more money, and you, where you start, if you compare some prices. And I said that the registration of a 5-15% of its income must be a flat fee? Yes, you must pay first! A budget is the first tool in managing your money. Vibrant this tool, you can finally financial decisions based on facts instead of fiction. It is possible for the costs, rather than in the sense of surprise. And the most important thing is how to proceed with important goals, such as holidays, a new car, or investment.