You may, like me, had the opportunity to own your home. Then you realized that the purchase price shown is only part of the total cost you are paying as the owner . In addition your agency fees, notaries public, the interest on your credit, your credit and home insurance, property taxes, repairs, maintenance, improvement, decoration … While a good company employs people to calculate the total cost of ownership (TCO or Total Cost of Ownership in English) of its purchases in general we look at the price on the label.
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It’s a question you ask me regularly: keeping my budget just? Which tool? For if becoming richer means having money to invest, so to live below your means, or in other words, pay yourself first, it also means tracking your spending habits to realize that purchasing you can change. Follow your budget will act as a developer and will offer you choice. Here’s how I do it so that it remains simple and keep a maximum of time for anything else in my life .

The choice of the tool. The choice of tool depends on you, time you want to spend your budget and the price you are willing to make. These range from simple paper tools such as Microsoft Money or Quicken. You can also use the online Google spreadsheet . I personally use a small tool for Macintosh called Cashbox . The advantage of Cashbox is its simplicity: you create your account, your categories and you only have to input your expenses as and when. In return you know how much you spend in each category and how much money is in each account.
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When you win a few hundred or thousand euros, via a premium refund or winning the lottery, for example, do you do with this money, which was not included in your monthly budget? Are you-you do enjoy buying products you do not need, like a big screen TV or the latest games console output, for example? Do you keep it to your checking account, if necessary? Do you buy a new car? Here are 10 ways to use this unexpected sum:

1. Start your background carefully. If you do not have between 3 and 6 months of expenses on an investment side liquid and safe, the type A booklet, create or increase your bottom precaution is probably the best thing to do with the money. Because you will live longer worry about what will happen in case of redundancy, serious illness, accident, or other unexpected event prevents you from touching your monthly salary.
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Do you know the maxim “Time is money”? You live every day by selling your time to your employer. The reverse is also true, money is time. Maybe you should even consider it that way first and act accordingly. This could allow you to be happier and richer incidentally. Here’s why:

Your most valuable resource. We all agree that your time is more precious than money. Money, you can have more than you need. You can lose, you can win. By cons, you have a limited amount of time and above this amount is not renewable. More importantly, what you are doing your time reflects the aims and the true meaning you give to your life.
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What is the main reason for disputes with your spouse? There are great chances to make it money. About a product purchased without consultation involving another planned purchase will be made this month. Or changes in budgets not discussed. Or change of car will have to be postponed. The reasons for disputes about the family finances are not lacking. Whether you have joint accounts or separate will not change. How to make the subject of money is no longer a matter of disputes, or in any case, much less? Here are five points to put in place:
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Do you like 95% of people that you do not win enough to get rich? In your opinion how much money have you won so far? What would be your estimate? The first number you would give in 5 seconds, that is to say the number buried in your unconscious. Write it down on a sheet of paper. We will make a small exercise that will put you at peace with your past, which is essential to go on a new basis.

How to proceed. Now take the time to calculate how much money you received in your life, the first penny until you have received your pay last month. It may seem impossible, but you have a lot of information around you. When you can not find the information, a rough estimate should do the trick. You will probably need several days and will probably be best to note on a sheet for each year of your life, how much money you received, including your files and memory recall.
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Would you like to spend more time with your investments, you generate a second source of income, but you run out of time? So do I. How much time to devote to your finances? I wrote that I spent ten hours a month and a recent article about your hobbies, that managing your finances could be a good idea to gainful employment . But by taking a little more perspective, do you not save time by managing your finances, then you think to lose? What are the real time savings?

Your time understanding. If you follow your finances regularly, you’ll wonder what happened to most all of your money this month and why is it-that the end is difficult. On the one hand all your expenses will be recorded, you will not dig into your memory or in dozens of records. On the other hand, knowing at any time the status of your account, you will have no surprises at the end of the month.
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You want to spend less than you earn, but you seem to follow a budget restrictive and difficult? You can start with a simple budget , for example by limiting your expenses necessary for 60% of your income, leaving you 40% get rich and enjoy your money. But how to keep those goals in everyday life? You can, like me, place each of your expense reports on your computer keyboard to enter these amounts in a software as soon as you start your PC. You always will know where you are. But you can consider that it may require too much discipline. There not a simpler system without even record your expenses?
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Where are you in your financial goals of the year when the first six months have now passed? While it is important to set financial goals, it is equally important to regularly review, to know where you are, enjoy reaching certain goals, focus on those with the least progress, change some targets become unrealistic or add new ones for your situation has changed, for example. To give you a concrete example and encourage you to do the same, here is my financial statement of the second quarter:

Objective 1: Invest 20% of all of my income. This investment is carried out automatically, not to achieve this would require me to stop sampling. I do not need, especially because I have a background of precaution in case of unexpected expense. Achieved in the first six months of the year.
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Three-quarters of the year having elapsed, it is as you make your financial results for the third quarter, to see if you are in tune with your goals earlier this year. This is an opportunity to take stock, change your goals if necessary, or even add new ones, because in nine months many things have changed for you. As each quarter, I give you my personal assessment as an example. I do not advise you to make the same decisions or goals that I, the goal is simply to give you a concrete example.

Objective 1: Invest 20% of all of my income. I have not changed over the years: everything is made by direct debit. The best way to deal with anything and do not be tempted, one month “exceptional”, not to invest.
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