Many of us have hard time-saving money, despite our best intentions. We often start with good intentions, but then something comes up, and we end up spending what we intended to save. If you’ve been struggling to save money, here are some tips that might help you finally reach your goal. Record your expenses If you want to save money successfully, one of the best things you can do is to keep track of your expenses. This will help you to see where your money is going and where you can cut back. Several ways to do this include using …
Tag: money manager
What is Personal Finance?
What does ‘Personal finance’ actually mean? Personal finance Personal finance applies the principles of financial economics to an individual’s (or a family’s) financial decisions. It asks, “How much money will you need at various points in the future?” and “How do you go about getting that money?”. It deals with questions like: – What is my annual income? How can I increase my income? – What are my annual expenses? How can I reduce my expenses? – How do I best budget my available income each year? – Most important, how much money can I save each year? – And …
How to save money with iCash
How to save money with iCash? The iCash manual starts with the following: “The first step in getting your finances under control is keeping records!” I wrote that sentence a long time ago, actually before entering 20 years of data into iCash! Now I am the happy owner of that information, 4 lustrums of data at my fingertips. All about my economy, incomes, expense habits, loan and mortgages repayments, etc. Money-saving budgetting I believe the January-March period is the Personal Finance quarter. It is time for budgeting. It is when you see what you did the previous year and what …