Finance Tips How to Manage a true family

Money is often the cause of the divorce. Disputes about financial can happen when money abundance or when lack of money. Indonesian people feel uncomfortable having to discuss financial problems within the family. Therefore, we feel the need to continue to appeal to all circles of society, especially married couples to learn each other openly about their own finances. We strongly believe that everyone has different views on different currencies because the husband or wife was raised in different environments. Failures in talking about money in the family potentially cause problems.

Many people feel that talking about finance in the family is taboo. However, in our opinion, this fact should be discussed. These circles ever think, Is to let the financial issues in family-soluble belarut will solve everything? Or it could be a growing snowball? Small problems can become big if not addressed and resolved wisely. Therefore, in case the family desperately needed a financial management scheme where each individual in the family (husband and wife) have rights and obligations of each. With the division of responsibilities and in-depth discussion can alleviate problems that may arise in the future.

Here are three types of management where you can choose according to your wishes with your partner. Obviously there are many more existing management patterns. The most important thing here is the openness with each other and live the life of a family with a shared responsibility.

1. Money together and Envelope System

Directly combined income of husband and wife together. After that, a combination of both direct revenue is allocated to routine expenditure items which have been calculated first. Typically, each heading is represented by a single envelope. Expenditure items that, in some families, not just eat and drink, household goods, and electricity, but also includes paying the mortgage, car payments, electricity, telephone, child's school fees, insurance and need a car (petrol, regular service, damage, etc.). Even savings, personal expenses and vacation mother and father became a separate envelope. If there is remaining, put into savings husband or wife, or more specifically to open an account with the bank for € ~ â € ™ menampungâ remaining envelope every month.

2. By dividing the percentage

This form of management is to divide the responsibility in the form of numbers or percentages whole family needs each month shall include the postal savings and postal emergency. Each agreed to contribute a certain amount to cover those needs. The remainder is used as a personal savings to personal needs. For example, my wife bought perfume, lipstick, or dress. Could also not counting the family's needs first, a husband and wife contribute the same based on percentages. For example 80:20. That is, each "deposit" 80 percent of his salary. The remaining 20 percent is saved for yourself. If you can save money, the money with a 80 percent savings can be left to families, as well as husband and wife also each have our own personal savings.

3. Dividing Responsibilities

For example, a husband to pay for affairs of "heavy", like paying the mortgage, car payments, electricity, telephone, school fees of children, needs a car, and insurance. While the wife is spending a monthly logistics, home knick-knacks, snacks, and holiday weekends and postal savings. Judging from the amount, the husband bears more funds. But she also had a role in the contribution of household funds. If it turns out that the wife has a larger income, of course this can also be done otherwise.

Which is best? It is strongly influenced by the habits and of course an agreement between husband and wife. Discuss this with each pair, so that the financial problems the family is no longer a problem in the family.

If the wife does not work? How?

The third example above is the pattern of allocation of income of husband and wife. Where husband and wife work and generate regular income each month. How well when only the husband or wife who works? While other couples staying at home?

If this is the financial patterns in your family must be very good if you and your spouse discuss the duties and responsibilities of each. Maybe you as a husband because of work that tries to fulfill all the needs of families. While the wives who stay home are responsible in the household, ranging from the problems of regular monthly purchases up to the allocation of savings (from the husband's income) for a variety of family owned financial goals. In this case the wife should be like manejer in a company.

By dividing a shared responsibility, the husband no longer feels more than a wife. Because the two individuals in these families have their respective responsibilities. For that openness and discussion regarding a much-needed finance.

Three important things in managing finances together

First, the division of labor is needed in terms of finances. Examples in short, anyone who pays all the daily needs of the household. Suppose that you as a wife should pay the husband in this case need to transfer sufficient funds each month to meet all financial needs of families.

If you decide to delegate one person to pay all monthly bills then the family the important thing to note is honesty. Where you both must be open with each other regarding the issue of money. Do not get when you use the joint account and one of you take the funds in large quantities and does not tell you pasagan. Once your partner need for a very important thing and that is apparently not sufficient.

Second, an agreed expenditure becomes very vital. You both need to agree a spending plan. This is related to the expenditures that are not fixed, suppose the decision to replace it with a new car after a few years? Or what you both think about the holidays? In conclusion, you should discuss and agree on the need to be fulfilled, what is the common desire and what you can deliver.

The last thing that becomes very important is saving money. In this vision of the future becomes very important. Where the purpose that you and your partner will provide motivation and specify selection strategies that can help you achieve your future goals owned. That way you will also see the importance of allocating funds currently and starting right now.

Thus a brief review about money in connection with the relationship of husband and wife in the family. May provide input and additional knowledge for you.

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How to Manage an Effective Family Finance

Adjust to the Plan and Targets

When the turn of the year, many people began to make plans and targets in the years ahead are also new. However, please do not forget also to develop a financial plan. Whether it's for you who are married or not, planning is important is adjusted with the plan or targets to be achieved in the years ahead.

Suppose you have a family, may need to make plans when your baby will be predicted in the next year will be born, when a child enters a new level of education, or targets to build and renovate houses.

As for the singles, such as planning to marry next year, the school again, buy new vehicles, or plan to increase business investment should be considered in adjusting financial planning.

Also, do not forget also the long-term planning. Whether it will start setting aside money for long-term planning is starting next year or already in the running, please keep in mind these points. (F)



Count Assets to Expenditures

Although you are not a qualified accountant or financial adviser with experience, actually to issue their own finances, you could do it. Especially you who know, like what your habitual pattern of turning private financial flows.

To perform the role as a financial planner, here are some steps that must be passed. The first, we need to determine our current financial situation in the form of wealth and debt.

Wealth can be any form of both real and financial assets. Cars, houses, jewelry as real assets, savings, deposits, mutual funds as a financial asset. Similarly, in a set list of debts that can be long or short-term debt in the form of credit.

If both of these sections you can get, however you will also need to consider various forms of income which has been the pillar of your life. Starting from a fixed, or sideline. Do not forget also to write the routine expenses that you normally do before.

The next step is to determine which plan will be carried out in the next year who might require additional expenditure. This can include expenses for the plan do not post a short, medium term for the next three years, and long term for eight to ten years into the future.

For those who started reading, that a few more years is a change in the child's school, of course, need to also make the planning now. This can be realized in the form of education insurance later.

Obviously when determining the long-term planning is later, we need the sniper penyiasatan by generating multiple alternative solutions. Think carefully, how the heading for the post later this spending plan, particularly the main, be met.

However please also note, in this plan will still need the flexibility inherent in the existence of standards that we have decisions to make. Changes that moved from the planning can indeed happen in the middle of execution. For that, we need to frequently perform evaluations to remain objective is achieved, changes in the implementation of the financial plan was not to damage the achievement of those objectives.

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3 Tips for Success How to Manage Family Finance

Life was not easy to married, besides taking care of her husband and children, of course, as a wife you should also take care expenditures for all family needs. Then how the secret to successful manage the family finances, so no big happens pegs than the pole? Try these tips ..

1. Make a Plan
If your partner has given and entrusted his money affairs entirely on your household, you'll want to do good planning as he did not forget to discuss with a partner. Plan all the needs and allocate funds according to need.

It's good all the plans are written in the notes is important, so really focus on what to buy. Short-term plans, of course must be related to current needs, among others, daily living expenses until the needs of school children.

In addition to short-term plans, you should never forget the long-term plan. It could be you realize in the form of savings or productive assets. Whatever little money your household, do not forget to set aside for savings. If necessary, before you allocate funds for their household needs, first set aside for savings. Investments in the form of savings or jewelry (gold), can you make a choice. Strive to make the savings even very small amounts will be very profitable. Saving culture, need to be submitted to the kids at home, so they can save.

2. Share Duties With Spouse
Things that need to be taken by married couples is the division of tasks. Managing finance in the household must be addressed in unison. If the husband provided all the income to you, we recommend a monthly shopping schedule mutually agreed, and became a priority. The rest, return to the husband for keperluannya, and from there set up funds for investment. How much savings will be excluded from income must be clearly specified.

When you set the financial expenditure, it's worth the couple was given the responsibility in the affairs of the jar to save for school and other interests. Any problems that arise from the division of these tasks need to be discussed clearly and be open with each other. There should be no sense of mutual suspicion and should be solved together as well.

3. Ceramic Extra Spending
Once completed with the financial planning, you should also calculate the extra spending needed for family recreation, the need to eat outside the home, travel expenses or budget end of the year to visit distant family home. In this case, the expenditures should be regulated in such a way, but still not allowed to reduce household each month.

Indeed, not all households have the same style and pattern in terms of financial outlay and system settings. But, at least, with this plan will more easily arrange household financial management. This will be useful for the present and future. Efficient does not mean cheap.

The consequence is that, if appropriate and urgent to buy something? Would be useful and not wasteful if every day to eat in the cafe? Many things to consider in spending. Even should assist family members who are trouble, all that should be done without sacrificing the needs of families.

Well, if you've managed to arrange your household finances well, do not forget to run it consistently. With this step you will undoubtedly reap the results in your old age.

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