How to plan the budget of the new family
September 16, 20243 Mins Read
When the month of June-July comes, there is a commotion about the national budget in the media. Budget is important in personal life as in state life. Those who are starting or have started a new family need to make a budget plan from the beginning.

new family

Financial matters mean planning,
family means planning. Among the various plans, financial planning is a little more important. Financial matters should always be given importance even before starting a family. If the point of samsara or relationship is love, integrated financial planning can be said to be a branch of it. To build a beautiful relationship and family, it is necessary to organize the financial matter in a planned manner.

Start from the beginning
Focus on budget planning from the beginning of the family or relationship. We have learned from philosophy the importance of spending wisely. It can be said that there is no formal education in our society about how to spend for the family. The issue of family income should be given importance. It is not enough if there is love, it is necessary to ensure that at the end of the month, money is collected to stay in a good house.

Divide income wisely
To make your family dynamic, first understand the issue of income. Share what kind of income, what kind of expenditure in which sector. Divide the monthly salary figure accordingly. Keep an eye on how you spend on travel, travel, and health.

Follow the 2-2-2 Rule
Many psychologists recommend following the 2-2-2 rule when it comes to finances to keep things moving in the world. Every 2 weeks, take your partner for a walk somewhere around the house, spend time. You can eat your favorite food, watch a movie. Meet your family, friends and relatives every 2 months. If you can't meet, invite home. Create a conscious presence in your social sphere. Plan to go somewhere far away or to a different country every 2 years. Write financial plans down on paper whenever you plan.

Calculate the weekly expenses
Keep the weekly market in mind from the beginning of arranging the new family. Understand daily running costs. You can do the monthly market at once, and you can also do the weekly market. Mutual respect is important in marriage. If there is any festival or social event ahead, that should be kept in mind.

Calculate the month fluently
after love, the family, to run that family but the importance of money is immense. Plan your family's monthly finances with your spouse. Instead of planning on your own, make decisions together with your partner's advice. Focus on saving money for a special purchase for the family, be it a fridge or a car. If your income is 100 taka, then spend 40 taka for family for monthly household expenses.

Emphasize savings
Always keep savings in mind for family security. Instead of saving a lot of money at once, try to save a little bit every month. Try to use the savings money for some household purpose from time to time. If your income is Rs 100, then focus on saving Rs 10 per month. Never use or spend this money. Use this money for the most difficult times of life.

Keep in mind the dangers
When considering the family finances, keep in mind the illness or unexpected dangers. If there is an income of Rs 100, keep at least Rs 10 considering the risks. Keep in mind your illness, illness of family or relatives.

Consider Fixed Expenses
There are certain things in the household like rent, internet bills, transportation, for which there will be fixed expenses. These should be taken into consideration. If the income is Rs. 100, then allocate Rs. 30 to this sector.

Life has to be spent.
We should always do everything for the family. Avoid spending a lot on yourself or your spouse. If you earn 100 taka, keep at least 10 taka for entertainment or new experience.