LIVING BY YOUR OWN

            Hello, today I want to share how I manage my budget for living by my own. I am an accounting graduated. I have two job, my main job is an acounting consultant and my other job photographer. Form acounting caonsultant I get 7 milion ruphias and form photographer I can get 2 milion ruphias. So each mounth my income is 9 milion ruphias.

          

            Because I already work so I decide to live in an apartement. So because it I must pay a rent for apartement each mounth. I pay 3 milion ruphias each mounth for my apartement. Make sure cost for rent not more than 40% form your income. Next is food, I spend 1 milions ruphias each mounth for my food. Make sure you can cook, so you not must by food to eat because it will make your spend more. Next utilities, I pay 800 thousand ruphias for gas, electric, water don’t use them excessive. Then transportation, because I use a car so I’m cull  700 thousand ruphias for gas and oil. For the personal item I spend 400 thousand ruphias. And last for entertainment i cull 1 thousand ruphias. So my expenses each mount is 6,9 milion ruphias.

            

             Because my expenses is 6,9 milion ruphias and my income 9 milion ruphias, I have rest. I use it for my saving. It can be use for unexpected needs or by a home, so I not must pay a rent again hehehe. But it will take a long time to buy a home. Or prepare for married or anything.

          

             After end the mounth see your list of expenses, if that more higher than your income you must decrease your expenses. And if your expenses less then your income use it for saving, don’t use it for the things not important. So that’s all, hope this can help you manage your budget.

The Art Of Budgeting

Budgeting is a process to control your money. Some tips to budget your money.

Goal

Before having a very simple budget think of a financial goal you want to achieve. Are you want to have 100.000 dolar in end of the year?, have a car?, do you want to buy a house?. The reason why make your goal is important because by make your goal it will be your motivation to save  your money to achieve your goal. It is like finding an inspiration among it all. And having one is ideal

Track your money

 list down the things that you bought and the income you received. You can list it in a notebook. Every day for a month (I know this is tiring) see to it you get to track everything you buy from groceries. Keep a copy of your bills and take note of the receipts. Having this will let you identify your spending habit and will also dictate your budget. Then subtract your expenses to your income. Crossing my fingers it is positive. That means your income covers your expenses which is good. If it is negative, then perhaps you might want to go back to your expenses and check which ones do you spend more.

Create your budget

After you make a list of what you buy and where your money go, now time to your budget. Limit your spending for what you don’t need. Make your saving percentages, I highly suggest 20% of your income. But if you could go more much better.

Divide the Percentage

The only items you need to divide would be the 20% savings and the 70% expenses according to the example above. The 20% savings can then be divided to investments, insurance and emergency funds. Your call as to how much. Same goes with your expenses. Identify how much will go to your bills, groceries and more.

Sitck to the budget

 If you think you would get overboard with your budget, remember the first step. Rekindle why you are doing the budgeting again. Even if you miss out on something because you didn't spend, always remember that you would be gaining in the end. Keep yourself inspired by looking back at that tangible goal. Replay it when you are in the verge of spending.

Say yes to reward. 

Now I know we are talking about budgeting and sticking to it however, it is always ideal to also give yourself a little reward every now and then. For instance, if you have saved above 20% for the month, why not manage to get your favorite latte. Do not go overboard however with the rewards or you might be exhausting your expenses percentage. Keep it at a minimum.

So that some tips to budget your money, hope this useful for you.

Making Money

Career planning is a process that can help you manage your learning and development.

Career planning process is continous process of:

1.     Thingking about your interest, skills, and preferences.

2.     Exploring the life, work and learning option avaible for you.

3.     Ensuring that your work fits with your personal circumstances

4.     Continuosly fine- tuning your work and learning plans to help you manage the changes in your life and the world of work.

The career Planing process has four steps:

1.     Knowing yourself

Begin to think about where you are, how you are and what you want to be. Once you have questions of that ask you can work on getting to know what your skill and your interest. You can use that information to answer the second step.

2.     Finding out

This step is about to exploring that interest you. Make list of what your interest and adjust it with your personal skills.

3.     Making decision

This step involves comparing your options, narrowing down your choices and thinking about what suits you best at this point in time. And at the end this step will lead you on the option that you will develop

4.     Taking action

Do your plan. Use all your skills, interest and information the world work to make action form your plan.

Preparing the job interview

1.     Research the organization

Search information about organization that you want to apply

2.     Practice your interviewing skills

Practice or simulate your interviewing skills to make you not nervous during interview

3.     Prepare proper clothes and grooming

Make sure you were decent cothes.

During the job interview

1.     Relax

Relax when you answer the question form the interviewer

2.     Answer the question completely and calmly

Answer the question based on your knowledge

3.     Keep your attitude

Show your politeness during the interview

After the interview

1.     Write down notes on how you can improve for your next interview.

I will write about the next interview date, time, place, and interviewer.

2.     Promptly send a thank-you letter to the person with whom you interviewed to express your appreciation for the opportunity to meet with them.

I will reply an email to the interviewer after done my first interview.