Why,Have,Budget,Analysis,The,f family Why Have A Budget Analysis
A lot of women avoid wearing nice clothes when they getpregnant because they believe that they look fat or ugly. You know that theresnothing more beautiful than a pregnant woman glowing and smiling, so youshouldnt hide your body during p Raising a family can be challenging and stressful at times. However, the common goals and emotional, financial, and physical investments made can be a common bond between husband and wife. One that compliments their marriage relationship.Of
The first part of your analysis will list your income and breakdown your bills and expenses by category. At Budget Stretcher I use only four categories, Housing, Other Bills, Household Expenses, and Savings. The three expense categories allow 30% of your take home for each category with 10% going tosavings.Next, your expenses percentages will be compared to the idealpercentages that will show you what areas of your budgetneed improvement. The percentages above are simply targets. If you exceed the recommended percentage in one category but youdo not exceed 100% of your take home pay for all categories, then you would not normally have a problem.The recommendations for improvement are based on sound financialpractices. There isn't anything complicated about this, it ispretty much 2+2=4. However, there are some tricks that can berecommended to help make the figures add up a little easier. Asan example, if you have say 40% of your income going to the Other Bills category because of credit cards, it may be recommended that you try consolidating your credit cards to lower your payments. This can be done by either a consolidation loan, home equity loan or by using an existing credit card to pay off all of the others.I would recommend a Budget Analysis for anyone that is havingproblems with paying their bills or anyone that consistantly pays their bills late. Also, if you have problems organizing your bills or would like to reduce your debt, a budget analysis may be helpful.The next step is follow-up. No matter how thorough your budgetanalysis, you are going to have questions along the way. It isimportant that whoever is doing your budget analysis areavailable to answer these questions for as long as you need the help.A Budget Analysis is not the answer to all of your problems. It is going to take time, organization and discipline to get your finances in order but it can point you in the right direction. Article Tags: Budget Analysis
Why,Have,Budget,Analysis,The,f