Do you not know where your money remains? Get a grip on your budget by laying a sound financial administration. How you doing? No problem. Here are 10 tips.

Tip 1: Identify your income and expenses. Make a list of your monthly income: salary, health care, rent, child allowance et cetera. Do the same with your expenses: rent or mortgage, insurance premiums, subscriptions. Do not forget the other costs like entertainment, clothing, birthdays and such mapping. Part off the annual expenditure by twelve. Pull off the expenses on your income and you know what is your monthly budget.

Tip 2: Set a budget you can spend each week. Based on the established budget, you can then make one weeks budget. Determine what you need to include a weekly shopping and you get that amount from your account and do as you buy them. Make shopping for your use of offers and bargains.

Tip 3: Reserve money. If possible than monthly cash reserve for unexpected expenses or future. Dump on a savings account. Do not forget the money to put in your financial statement, because saving is published.

Tip 4: Keep your income and expenses in an (online) cash and / or household expenses. Write your revenues and accounts in a ledger. There are free online cash and household expenses that you can help. So do you view your finances.

Tip 5: Put a clear archive. Do your financial post in binders or folders with tabs. Make sure you limit the number of binders or folders you’ll lose the overview. Make such a classification: employment, housing, child (ren), insurance, taxes, pensions and personal.

Tip 6: Open and process incoming mail immediately. Collect incoming mail does not pile on one or shoebox. Make it open and immediately throw away the envelopes. It may cost a lot of energy, but you care for your list and avoid unexpected surprises.

Tip 7: Sort the mail then: pay, action and review. Put three cups with stickers bearing the pay action and save. Pay for the bills. Action for things to call you back and so on. Save for instance the annual statements, tax returns, insurance policies, mortgage and so on.

Tip 8: Do your records once a week. Not the most fun chore, but you know where you stand. Pull about half hour every week to see your administration do. Pay your bills, write your balance on your bank accounts, and organize what you’ve paid your archive. It takes some energy, but you also get the rest and gives you money perhaps. You know, where your money remains.

Tip 9: Consider the retention of legal documents. Legal documents such as payslips, annual statements, tax assessments, bank statements and so have over a period of five years are paid. Put in a separate file folder or binder.

Tip 10: Keep important documents together in a binder. Put important documents such as diplomas, mortgage, marriage certificate, together … in a storage box and paste a label on what’s inside. So you have that stuff right there when you require.