Budgeting @ Home

The_new_COOLDUDE · August 1, 2003, 8:25pm

[QUOTE]
*Originally posted by ~MuNiYa~: *

what does that mean?
[/QUOTE]

He means someone else aka parents do all the worrying for him....
It sure does feel good waleed....:)

The_new_COOLDUDE · August 1, 2003, 8:27pm

Yeah…like they have one at every road junction these days just waiting to get hitched..
I want a rich wife!..

waleed · August 1, 2003, 9:21pm

~MuNiYa~ anty cool je nay durost farmaya :p i probably wont until i am like 22+

Qrius · August 2, 2003, 6:40pm

Muniya, since as a child i have always managed money not only for myself but also for family and extended relatives as well.

You can first make a spreadsheet in excel every month..and first few months..watch out where your extra money is going towards and then you can reduce that amount..also you can save the money for later years..how you said you wanna save for the house..what you can do is tell yourself that you'll save $100 or whatever a month/week..lets say you can put away some amount in one separate account..and then another thing you can do is called committee or bc at time.. you pay lets say $50-$100 a month..and then you get whatever after certain month..put that away..and keep on doing the same thing..

don't spend too much on shopping..and if you shop..you can shop from outlet stores instead..

i have seen people generally spend most extra money on dining out, watching movies and etc..you can limit movies to once per week..dining once per week..and rest days you can cook..

just by adding little things..you can manage your budget very well.

:)

_MuNiYa · August 4, 2003, 12:47pm

thanks qrius :) I think I will try that excel idea.

mAd_ScIeNtIsT · August 4, 2003, 1:00pm

I'm going to have to start improving my budgeting. I'm coming up to the end of my first year of working and I've save only about half as much as I would have liked.

Having said that, the cost is principally due to me choosing to buy a brand new car rather than a second hand car, so once pay off the car next year inshallah I should start seeing the returns on that through not having car-purchasing expenses through the next 6-7 years at least.

My current rate of saving though, isn't enough to meet my target of home ownership in 2-4 years though :(

mehroo · August 4, 2003, 3:26pm

*Originally posted by Qrius: *
Muniya, since as a child i have always managed money not only for myself but also for family and extended relatives as well.

You can first make a spreadsheet in excel every month..and first few months..watch out where your extra money is going towards and then you can reduce that amount..also you can save the money for later years..how you said you wanna save for the house..what you can do is tell yourself that you’ll save $100 or whatever a month/week..lets say you can put away some amount in one separate account..and then another thing you can do is called committee or bc at time.. you pay lets say $50-$100 a month..and then you get whatever after certain month..put that away..and keep on doing the same thing..

don’t spend too much on shopping..and if you shop..you can shop from outlet stores instead..

i have seen people generally spend most extra money on dining out, watching movies and etc..you can limit movies to once per week..dining once per week..and rest days you can cook..

just by adding little things..you can manage your budget very well.

some nice ideas :k: i wish i colud do that :o