How to draw up a financial plan
Video: How to Write a Financial Plan for Your Business Plan in 2021 2024, July
It is unlikely that one can meet a person who does not care about his financial well-being (with the exception, perhaps, of the wealthiest people in the world). It often seems to us that we have enough money, but at the end of the month they suddenly disappear somewhere, and we have to postpone an important purchase … But we have a pretty decent salary, and you can’t blame extravagance. What is the problem?
You will need
There are many sites on the Internet dedicated to financial planning and financial well-being. For example, you should go to
Instruction manual
one
You can draw up a financial plan only for yourself or for your family, for a month, for a year, even for a lifetime. It is important to determine the purpose of our planning. Moreover, this should be a specific goal, and not just a “decent life”.
2
How you plan to manage your funds depends on your life priorities. Perhaps you want to quickly stop working in the office and start a business, and you need start-up capital? Or are you tired of renting an apartment and want to buy it? The more specific the goals, the better. As practice shows, goals like "just save money" are completely meaningless.
3
Even the smallest goals deserve to be included in the plan. It’s better to plan to buy boots for yourself next month and buy them, than to think “well, I have no plans for boots” and as a result again see that the money disappeared somewhere, although you didn’t even make any relatively large purchases.
4
What income do you have? Is it just a salary, or maybe you work part-time or rent out a summer house? Do not forget about bonuses and bonuses. Summarize all income to understand how much money you usually have per month.
5
Now let's look at the costs. Ideally, of course, expenses should be recorded - so you will always know why, by the end of the month, there was suddenly no money. However, if you are reading this text, then most likely you have not yet written down the expenses and you do not know this. Perhaps the habit of writing down everything, even small ones, for every day seems like a mania to many, but it is really very useful. It is not necessary to keep something like a book of expenses; you can download programs for home accounting from the Internet.
6
We analyze the costs. There are fixed and unavoidable expenses — apartment fees, loan fees, Internet fees. There are relatively constant expenses - food, household goods, clothing, as well as many types of other expenses. The funds that we spend on the first group of expenses should simply be deducted from income: you still need to pay these specific amounts. But after analyzing the remaining costs, you can understand what it was not necessary to spend on this month, which, in principle, takes more money than it could.
7
Back to the goals. Now we see where the money "goes" and roughly understand how and how to save money. This is the money that can be set aside for something that you want to achieve - for your goals. The last thing left is to get a separate envelope or bank card, where you will save the resulting amount every month to achieve your goals. Those. this amount will be like the amount of payment on the loan, it will go into the category of fixed costs, but in fact it will accumulate.
eight
Perhaps at first it will be difficult for you to live more economically in order to save money. Do not be too strict on yourself, deprive yourself of all the pleasures for the sake of the goal and create inconveniences in life now for the sake of a beautiful “tomorrow”, do not try to save some significant amount in a month if you cannot afford it without losing anything something important. However, it is necessary to set aside a clearly defined amount every month, otherwise the money will start to “go away” again even when doing home bookkeeping - justification will be justified every time.