Keeping your finances organized is not an easy task, especially in times of crisis, so we have prepared a short guide on how to organize your finances still in 2023.
In short, financial balance eliminates problems such as stress, depression and low self-esteem.
With some simple measures, such as avoiding using your credit card, you can already feel a huge difference in your budget!
Why is organizing your finances important?
Finances help to maintain order in the personal budget, through good financial management we can have an emergency reserve.
Since during the pandemic, for example, around 62% of families did not have any reserves,
According to a survey published by the (Brazilian Association of Financial and Capital Market Entities).
Therefore, in 2020, more than 411% of Brazilians began to research this topic further, to learn how to build up a reserve in times of crisis.
Because we know that in Brazil, financial education is not taught in schools.
To create an efficient personal budget, we have to include expenses and investments. Don't forget to include monthly expenses, for example, fixed expenses, current expenses, etc.
When we organize our budget, we increase our ability to understand where we can save. Expenses can be separated into categories.
This way, your goals are achieved more easily.
By understanding the concept of how to organize your finances, you can put your most expensive bills in order.
It is also possible to contact the responsible company to negotiate, for example.
How to organize your finances in 2023?
To keep your financial life in order in 2023, follow the procedures we will teach you below:
1. Know what the money inflows and outflows are
You can use a notebook, spreadsheet or app to make these notes, include all expenses, especially fixed ones, such as: water and electricity, gas purchases, debt installments, rent, food, transportation and leisure.
2. Get in touch to renegotiate your debts
This procedure can be carried out with credit card operators, telephone companies and also with companies such as Sabesp or Enel, in the state of São Paulo.
Currently, companies are offering discounts to customers who have been in debt for a certain period of time. These discounts can reach 90%.
3. Have a life you can afford
Your salary should be compatible with the life you live, so your lifestyle will be financially healthy.
To avoid overdoing it, avoid going out every weekend and eating in restaurants.
4. Learn how to develop an emergency fund
We have to create the habit of including an emergency fund in our budget.
Therefore, it is advisable to start with a minimum amount according to your income, many people start with R$ 10.00 and increase the amount gradually.
5. Practice detachment
If you have any items in your home that you are not using, you can sell them on platforms such as OLX or Enjoei, and thus have an extra income by selling these items.
Conclusion on how to organize your finances
Therefore, in 2023 you can learn in practice how to organize your finances, with technology this control has become even simpler.
Because everything is done through mobile apps. Be realistic when setting your goals and only include those that you can actually achieve.