Take Control of Your Finances: Big or Small, it matters
Ever wonder how to take control of your finances before or even during a pandemic? I’m no pro on this but there are things I learned when I joined a well-known insurance company as a part-time insurance advisor about five years ago. Our family is just one of the thousands whose financial difficulties and struggles are common, but facing these issues with family finances during a pandemic is something else. In fact, quite difficult.
Here are five tips you can take on to succeed in this difficult part of adulthood.
1. Review your Finances
Knowing how and where you spend your money is the first key element in saving. So how do you really manage your finances? It is best to review and itemize these expenses and consider using the fixed and variable categories.
An example of a fixed expense is your monthly recurring fee for the internet service, or even the monthly installment due for your child’s tuition fee.