Managing Revenue and Expenditure

Points 1 to 7 explain the habits managing the family finances that can be done immediately. Things need to be done is the intention and communication with all family members. Many people have difficulties in managing family finances, not because they can not manage money, but most people can not control the "desire" or "lust".• Want to buy this and that when not needed• Want to buy BRANDS though not able to buy the brand.• Want to WOW and perform EXPENSIVE.• and others.
 Managing spending does not mean life is difficult, it does not mean to live within the limitations. Manage spending means regulate and balance spending to meet several objectives, including future goals. In managing finances, there are at least five types of expenditure, namely:1. Needs / Needs2. Debt / Debts3. Desire / Wants4. Savings / Savings5. Investments / InvestmentPeople who have difficulty managing the family finances often wrong to prioritize spending.