How do you plan and manage your personal or family budget?

[codescript94]

What tools or applications do you use to control your income and expenses? How do you save money or invest your money?

 

[Suba]

I never use financial apps, because making a budget is very easy. Financial apps will not be useful if we cannot know how much we spend each month.

 

[Augusta]

I just draw out the plans to make sure I don't over shoot my income but keeping to it is the big problem I need to overcome

 

[freelancermaria]

I use an app for budgeting and saving. However, I am the traditional type so I use pen and paper most of the time. LOL. I hope I can do budgeting properly this year.

 

[Stardom22]

For me l am always planning my family budget based on the priority that is the basic needs and necessities first

 

[Suba]

Using budgeting apps will make it easier to prepare budgets, in companies financial data will be more transparent and will be difficult to manipulate, unfortunately if there is a system error our financial data will be lost.

 

[klassicdoll]

I have a budget planner with me to always remind me to stick to my budget and never go beyond it. I hate being in debt.

 

[eLdavis]

I have been searching for an app to help me plan and manage things but I am yet to find one. For now I mostly do things the old fashioned way. I have a list I used for calculations and planning.

 

[King Belieal]

My mobile money app has tools for budgeting and automated savings. And I utilize these tools to manage my finances. They help me track my expenses too.

 

[kerryjoy]

I utilize a budgeting and saving app, but being more traditional, I prefer using pen and paper most of the time.

 

[Springtime]

I do not use any budgeting apps. Actually, I do not set a budget, but I do have a rough estimate of how much I can afford to spend every month.

 

[Starmix]

I use my commonsense in budgeting and saving. Saving does not require tools if save offline, go to the bank let the money grow and invests when it's already efficient.

 

[Augusta]

it is to stick to the plan there's no two ways about it. When you have the budget you should stick to it.

 

[Fidelia]

I am single and so, I run a personal budget. What I do is to set financial goals according to my needs and give a timeframe to get that solved according to my financial position.

 

[Kross]

I have a rough estimate of how much I am expecting to earn every month. I start making my budget a week before the money arrives.

 

[Augusta]

I have a rough estimate of how much I am expecting to earn every month. I start making my budget a week before the money arrives.

Yes it is good to always make a budget. The thing is to make a budget and stick with it

 

[Nomad]

I make my budget based on my income and expenses in the previous month. I try to stay within my budget.

 

[magnus2022]

Since federal government of Nigeria removed subsidy and the economy turned upside down, i don't try to save any money because the one that available is not enough to pay some essential products! A person who don't have enough to eat will not invest or save money.

 

[Augusta]

Estimate your monthly income and identify and estimate your monthly expenses. .Compare your total estimated income and expenses, and consider your priorities and goals.