Put the money in your wallet as usual. If you have to pay, give it in bulk. If you have something, keep it. Spread and re-insert.

I do not know how much money I have in my wallet. I do not know how much I earn and how much I spend.

Even if the people next door snatched some of the money from their wallets, they did not know it. Looking back at the end of the month, I do not know how the money is spent.

If you have a lot of ignorance and you are in trouble, you are not a moneylender but a debtor. This is something that needs to be fixed immediately.

I take out a mobile phone and record it every time I make or receive money. Nowadays, it is more convenient to have phone apps and apps to keep track of your income and expenses.

Income If you put the withdrawal in the application, how much is left in the bank? It automatically calculates how much is left in your wallet. Every day Weekly Monthly expenses are shown in graphs. Here is a list. You don't need a calculator anymore. Ideal for those who are bored of calculating.

The phone apps I use are "Money Mgr" and "ExpenSense". It happened in English. These are apps that you can buy for a small fee. There is a free app that is easier to use if it is difficult to use for some reason.

ShweSuBoo (Shwe Su Bu) is a mobile application designed in Myanmar language. Give it a try.

Whether you get money or not. Make it a habit to memorize it right away. It does not matter if you do not know how to do it with the app. The phone can take notes in a note or in a book.

You can also do it before going to bed every night.

Let me give you an example of how to make a list.


Last night of the month

For example, suppose you have a monthly income of 500,000 and save 200,000 and save the remaining 300,000 as expenses. Set aside 200,000 kyats as soon as you get paid. If you keep it at home, keep it in the bank for fear of being stolen. You can even get bank interest. Only withdraw when you are close to investing later.

Suppose you spend 300,000 kyats on a purse (or bank card or a safe deposit box) for this month. On the night of the end of the month, make a note of the 300,000 in your wallet. Tonight, let's have exactly 300,000 in his wallet.


One day and one night

One night, look at the money in your wallet. If there are 290,000 and 3,000, today's expenditure is 7,000. So you have to reconsider where 7,000 was spent and register today. You need to be systematic about what the 7,000 on the list is used for.


Second night

The same thing happened on the night of the second day. Calculate the balance. If it is 280,000 and 3,000, today's expenditure is 10,000. Make a specific list of what you use.


23

As the end of the month approaches, the original $ 300,000 will be completely depleted. You can balance your balances every night so you don't have to spend 23 bucks.

The same can be said of intermediate income. Do not keep your income in your wallet. Set it aside. Deposit at the bank Because of the risk of mixing and wasting.


Summary

At the end of the month, the list will be finalized. How much does this month cost? Where do you spend it? How much does it cost? How much did you save? You need to calculate how much you owe.

Check the list. Once the list is up, you can start again for next month. 2 lakhs If you used up 300,000 last month, you can save the rest. Put exactly 300,000 in your wallet.

If you spend more than 300,000 this month, where will you spend more? Think about where you can cut costs. Make a list of your expenses so that you do not waste them next month.

If we earn more than we earn, we are richer than last month. Satisfy yourself by thinking of more savings or less debt than you did last month. Rejoice that you are getting closer to becoming a moneylender. You will have the strength to make more money and spend less.

If you have a good income and your income is higher than your income, shout out loud, "Am I stupider than a dog?" And slap yourself on the cheek. (Do not really joke, heh.) Then decide to reduce your waste next month.