PaySika - How to manage your finances well?
It happens sometimes that you find yourself short of money... You wonder what you've spent your money on. Here are 5 tips to help you manage your finances well.
1 - Identify your goals to achieve
By setting goals, you give yourself reasons to save.
2 - Analyze your expenses at the end of each month
It's important to control your budget carefully to avoid making unnecessary expenses. For example, buying a gift beyond your budget...
3 - Apply the 50-30-20 rule
Many people don't know this, but it's a budgeting rule introduced by Elizabeth Warren in one of her books. It explains that a budget should be divided as follows: 50% for fixed expenses (food, rent, health...) 30% for variable expenses (restaurants, cinema...) 20% for savings.
4 - Know how to separate your finances distinctly
Each category of your expenses should have its own bank account… This means creating and automating each expense distribution.
5 - Set a budget dedicated to your leisure
It's important to allow yourself little pleasures to better save in the long term. Plan vacations, buying a car, etc.
One account, one free bank card, PaySika! We hope this article has been helpful. Don't hesitate to contact us if you need more assistance. See you soon!!
1 - Identify your goals to achieve
By setting goals, you give yourself reasons to save.
2 - Analyze your expenses at the end of each month
It's important to control your budget carefully to avoid making unnecessary expenses. For example, buying a gift beyond your budget...
3 - Apply the 50-30-20 rule
Many people don't know this, but it's a budgeting rule introduced by Elizabeth Warren in one of her books. It explains that a budget should be divided as follows: 50% for fixed expenses (food, rent, health...) 30% for variable expenses (restaurants, cinema...) 20% for savings.
4 - Know how to separate your finances distinctly
Each category of your expenses should have its own bank account… This means creating and automating each expense distribution.
5 - Set a budget dedicated to your leisure
It's important to allow yourself little pleasures to better save in the long term. Plan vacations, buying a car, etc.
One account, one free bank card, PaySika! We hope this article has been helpful. Don't hesitate to contact us if you need more assistance. See you soon!!
Updated on: 21/04/2025
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