Do you feel like you repeat your mistakes too often? budgeting every month? If so, try to apply some tips during the evaluation budget personality that will be discussed in this article.

Getting to Know SAOT Technology at the 2022 World Cup budgeting. If you don't do it, you can't measure the extent of your success in achieving financial goal owned.

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         1. Compare with the original plan

          By comparing with planning Previously, you can automatically see if during this period your expenses turned out to be less, more, or in accordance with the rencana keuangan beginning.

Even though it turns out to be quite in accordance with the plan, you may still need to adjust some things by considering financial goal or your needs next month.

          2. Focus on what you can control

            When you see that your expenses are swelling, you may feel worried and stressed. However, you need to realize that there are two types of expenses, namely fixed and non-fixed expenses.

Fixed expenses include the cost of renting a residence or vehicle installments. On the other hand, expenses such as meals, transportation, entertainment, and internet are included in irregular expenses. Well, this type of expenditure is what you can control more.

           So, you don't need to blame yourself too much because it is possible that the expenses that swell this month are caused by fixed expenses that cannot be controlled too much. If it is indeed irregular expenses that take up most of your money, budgeting is a good habit that will help you formulate a strategy to be even more economical in the future.

         3. Check new income and expenses

          Evaluation tips budget The next personal is to prepare several new sources of income and expenses this month.

Reporting from The Balance Money, changes in one's lifestyle and condition will affect planning budgeting in the next period. For example, if you have just had a child, the categories of expenses that you need to anticipate an increase in are food, baby and home supplies, and care.

          If you don't anticipate it from the beginning, it's feared that you'll be too surprised and unprepared for the needs you have to meet in the future.

         4. Identification budget leaks

        Reporting from FED St. Louis, budget leaks is a term that is often used to refer to a condition when you consider an expense as not too significant.

In fact, if left unchecked, it can cause problems with your personal finances. As a consequence, you will rely more on money cash in the future. If necessary, keep some of your money in a deposit instead of a regular account.

         5. Update and modifications budget

          The next tip is of course to update budgeting for next month. There is no specific formula or guide for this stage, considering that the conclusions from the above analysis must be very different for each person.

          What is clear is that if it turns out that there are too many changes to be made, it means that you do need to change the overall allocation of funds for each category of expenses.

         6. Use an app or spreadsheet

          Deep budgeting, Record-keeping is very important. What happens if the results of this month's evaluation are not recorded and you only remember them? Next month, you may still remember the evaluation record. But what about the next two, three, or six months?

          Most likely, you will forget and repeat the same mistakes over and over again. Therefore, use the budgeting that are there to help you mencatat pengeluaran, revenue, and other important records. If necessary, you can also create your own formatting in Excel.

          7. Evaluation does not have to be monthly

          Reporting from My Money Coach, in the early days of learning budgeting, You do need to do review every month. However, if it is felt that the method of budgetingYou are effective enough, you can reduce the intensity to once every two or three months.

          In fact, up to once a year if possible. Even so, adjustments will definitely still have to be made occasionally, considering that a person's condition may not always be consistent all the time.