Show budget puts home spending on sound business basis HORTENSE SAUNDERS dive pont ONT talk to me about budgets ive never found one that worked and what iq 13 the satisfaction in knowing where money went after it is gone women who say that about budgeting are the very ones who need to budget there is every reason for knowing where money goes N now 0 w budgeting bookkeeping it is planning it is charting a map to know where your finances are traveling to warn you when you are on the th wrong track and to indicate where you must detour the family budget Is a family responsibility no matter who handles the money or pays the bills budgeting means long range planning as much as immediate spending you plan for summer vacations in winter and the winters coal supply in spring but most of your bills come la ii by the month and the salary coms com s in by the week how can you make everything dovetail first estimate your husbands salary by the y year e a r theres your nt next capital lump together jaa tl the e monthly b bills I 1 11 s that is rent gas water telephone and maybe insurance compute these monthly bills multiply by twelve and you have your yearly ye arly must assessments then divide by 52 and you have the musts that come out of each weeks pay set this amount aside regularly and avoid that first ot of the mouth month headache when all the bills are due and theres there 9 only last weeks salary on hand 0 meeting these bills promptly gives you peace of mind and establishes tab lishes your credit and financial responsibility it if we estimate your rent as 25 percent of your salary and your must expenses at about ten per cent 35 per cent is the proportion to be set aside for rent and musts out of the remaining 65 per cent you must buy food clothing and furniture make repairs deduct personal allowances provide for recreation and school bills and deposit your savings here is where you need tt ti Q av tall figuring no two budgets are alike but regardless of income the general principles of budgeting are the same clothes furnishings and upkeep are seasonal expenses but they should be accounted for monthly budget your clothes on a yearly basis with two major outfitting outwitting out fitting seasons dont buy piecemeal watch sales and pay cash 3 for this kind of buying you may need a lump sum which will take several months to save meanwhile you need winter coats here you will find it an advantage to borrow from a personal finance company the charges will be more than compensated for by having the coats when you need them and by the economy of being able to buy better coats for cash the same method of financing applies 1 to furnishings nish ings a and n d upkeep F pig I 1 g ared weekly or monthly t the h e amount you can spend on an your home is not enough for substantial purchases but figu figured redby by the year it will pay for a good washing lat chine or refrigerator if you T i 4 17 you can get ready cash you w reliable shops and look ous makes always find out the list price and discount if any for cash then go to a personal finance company arrange for a small loan and get the cash you need by paying cash you save money in the long run to be sure you are in debt but the advantage is on your side you are cashing in on your credit and using debt to distribute your income so that you save money in buying buding you have not added to your income you have merely stretched it often it is to your advantage to borrow money rather than dip into your savings account the whole purpose of a budget is to put housekeeping on a basis then the budget be becent cont an great emancipator you spend first on paper per see how hov it adds add 2 up and how the budget will in meet e e t it you study all angles of spending before you put out money you save worry and keep your credit unimpaired and you have something to show for all the dollars that pass pas oth our hands |