Managing Your Personal Finances: The Importance of a Budget Book in the Modern Age

Is a budget book still relevant? Yes absolutely! How else should you keep track of your finances? How much money do I get per month? How much do I spend? What do I pay for? – you need to know this in order to use your money wisely and recognize existing savings potential.

The modern form of an income and expenditure overview is electronic. Without paperwork and with as little effort as possible – just like the credit and financial management platform “My Finances Under Control” makes possible. The easy-to-use online portal can be accessed at any time and from anywhere. It offers many helpful tools on the subject of personal finance. In the practical household calculator you enter all income and expenses separately by category. The program creates very clear graphical and tabular overviews at the push of a button. The fixed costs category includes regular expenses such as rent, energy costs, broadcasting fees, telephone, membership fees, etc. Expenses that only have to be paid annually or every six months, such as insurance or vehicle taxes, are calculated on a monthly basis and bear this value to fixed expenses and put the amount aside as reserves. This will save you from unpleasant surprises at the end of the year when insurance and taxes are due. The variable costs for food, clothing, leisure activities, etc. are included in the flexible costs. Write down expenses completely and regularly, preferably daily. It only takes a few minutes and it will quickly become a habit. At the end of the month, take stock. The tables and graphics make it easier for you to keep an overview and you can quickly see whether you have spent above or below average and for exactly what. This allows major expenses to be planned in advance and unspent money to be set aside for unforeseen costs. If you have slipped into the red, you can quickly take countermeasures.

The service portal “My finances under control” offers even more: For example, a tariff calculator for insurance, loans, electricity and more. You can use it to compare the different offers and potentially save considerable costs by switching providers. An inventory list is also useful. In it, the user can save their new purchases with the associated invoice and guarantee, thereby creating order and an overview. The financial burden of the purchase can be planned in advance using the available financing calculator. For existing loans, an overview with an associated repayment plan can be created on the platform and displayed visually with various graphics. It is also possible to make loan inquiries and have a credit check carried out. The online offering is supplemented by the financial news section. Here you will find diverse and interesting news on the subject of finance.

With the credit and financial management platform “My Finances Under Control” you can plan and manage your personal finances easily and without much effort.

For more information, visit the credit and financial management platform “My finances under control“ im Internet:

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