Posted on: 6th October 2014 in Financial Planning
Women are experts at multitasking. They are created with the divine ability to juggle a variety of responsibilities at once be it at work or at home. At times, however, this can be overwhelming which makes effective management of household finances a tall ask. Here are some valuable tips that might help. 1. Set a budget Setting a budget doesn’t necessarily mean you have to deprive yourself of some of your favourite purchases. A budget is simply a tool that helps you monitor your spending and cut back on unnecessary expenses. It is an absolute must if you wish to take control of your finances. Maintain a list of all your expenses for the month, divide them into categories and tally them up. Next, you should look for categories that can be curbed. It is imperative that you don’t get carried away by focusing solely on the larger cash outflows. The smaller and more frequent expenses can also tend to add up by the end of the month.We have 18 offices across the globe and we manage over $2billion for our 20,000+ clients
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