At the beginning of the year most people will usually have a variety of financial plans. But in fact, an inappropriate resolution often does not bring any change in the finance itself.
Planning many things would be so easy to do by anyone, but not so to realize it, is not it?
It is important to make changes gradually so that everything can be adjusted to the reality that has been going on. The same thing you can apply in finance.
If it turns out the financial plan that you have set up since the beginning of the year does not go well, it’s good to do a financial diet immediately. With a financial diet, you can improve a variety of actions in finance, so the portion between income and expenditure is balanced.
In the financial diet, some consumptive funds will be transferred to more useful and productive posts, such as savings, investments, or even other things that have a positive impact on your finances and your life.
As diet foods for healthy bodies, financial diets that make money better this is also not easy to do everybody.
Must Be Disciplined and Have Strong Motivation
The first thing to do before starting a financial diet is to prepare yourself to be really disciplined and have a strong motivation to go through it. Because, doing a financial diet would be difficult if not motivated from the beginning.
As with any diet in general, this financial diet will also provide maximum benefits if run consistently in a long time. A short diet often has little impact on health, as well as a financial diet.
Make sure you have a strong motivation in doing this activity, so the various challenges during running a financial diet can be faced well.
There are important things to know to do this financial diet and what you can do to improve your finances and make life better:
Plan with Realistic Targets
Nothing is instant and changes spontaneously improved. So also with your finances. You have to make the change itself, so that the financial condition is getting better from day to day.
To run the financial diet appropriately, make sure we have a mature and realistic financial plan. That is, your plan must be reasonable and not excessive, where you set it to the right point from the start.
So, the plan is not too high, but also not so low that it is so easy to achieve.
Have the right target of achievement, so you can feel the big impact after doing this financial diet later. Plan your best combination of financial diets, where important items (basic necessities) in your finances can work well and smoothly throughout your diet.
Do not forget to set the time you need to do this financial diet, so you can achieve these targets well and certainly get the maximum impact on the activities of the financial diet.
Record and Apply with High Discipline
If you already have a clear target and diet plan, then immediately record all the plans in full with the time required to achieve them.
Next, apply your planned diet plan with discipline, in order to do it gradually as planned. You can apply the steps that are considered effective for the dietary process finances that run.
The following steps you can try to run and succeed the financial diet, namely:
1. Reduce Consumer Expenditures
Begin your diet by evaluating expenditure items in the finances. Reduce a variety of expenditures that are not too important and consumptive, so as not to adversely affect the basic needs.
Then set aside these funds separately and do not mix them with other funds in the finances, so they are not used for any unnecessary reasons.
Most people will have difficulty holding back the wishes of shopping or other purposes, if holding a number of “free” in the savings or wallet. Avoid this in the right way, by separating the money you cut from the various consumer needs. asuransi pendidikan
2. Make Payments on Unproductive Debts
Debt is a component that will disrupt finances later if the portion is not ideal, especially if the debt is not productive. Strive to always avoid this unproductive debt in your finances.
In addition to not providing generating benefits, such debt can also burden the financial for a long time. If it turns out you already have this kind of debt, then immediately do the repayment. If you are not able to repay all at once, do it gradually and discipline.
3. Increase Savings Portion
In the financial diet, you will strive to minimize spending and enlarge the portion of monthly savings. Things like this will obviously bring a positive impact in your finances.
Always try to save more money, rather than spending it on unnecessary needs. If you’ve set aside only 10% of the income for savings funds, then start setting aside 15-20% or even more each month.
Do this at the beginning of the payday, before you spend money on other needs. You will be easier to do and not rash out and spend money on unnecessary needs.
4. Allocate Funds for Investment
The financial diet you run will allow you to invest, even if you’ve never done it before. For this investment fund, you can take it from a number of savings funds or even the funds you save from a variety of consumptive expenditure items.
Similar to saving activities, this investment activity will also be very appropriate if you do at the beginning of the payday, before being used for things that are needed. If you are difficult to spend large enough funds at once, you can set aside gradually in a separate account first.
5. Perdalam Ability in Managing Finance
In order for your financial diet to run properly and maximally, must have good ability in managing finance as a whole. Make sure you always deepen the science of finance with a variety of current information in managing finances.
There are many sources of information that you can visit easily, whether it is a financial article on various internet sites and books that review about quality finance.
Similar to financial management activities, the financial diet also requires close supervision. This is very important so that you can reach the target of the financial diet to the fullest.
Check back the financial diet achievements you’ve run on a regular basis, so the program stays on the original plan you set.
Do not forget to always do an evaluation on your diet, so the results obtained really fit with the original plan. If this diet works well, then you will get a positive change in the finances.
Do a Finance Diet and Make Your Life Well
Finance is often a challenge for many people, especially those who can not manage it properly. To improve the financial condition, there is no harm in running a financial diet from now. Make a proper and effective financial diet, so that your financial condition changes to a better direction than before and make your life more established as dreamed.