How to Effectively Manage Your Finances

There are different strategies we can try to effectively manage our finances and make ends meet. Managing your finances requires being a responsible individual. You need to consistently track every expenses using your most trusted master plan. Every individual has different ideas and methods, sometimes you undertake trial to check which one is useful for you.

Here are some simple ways to help you manage your income.

Jot Down
To most people, this is the best method that works. Get a pen and a journal or a notebook, make a list of your weekly and monthly expenses. Make sure you have listed all the expenses so you can assess if the total fits your income. That way, you can easily track if you are short in budget and you can easily decide which of the expenses is due and which can be delayed.

Budget Wisely
I have two rules in shopping: (1) Don't bring credit card, (2) Exact Cash Only. Both are self-explanatory which helps me stick to my budget when shopping. Having excess cash in my wallet will attract me to buy unnecessary items. 

Coins.ph
This is one of the best ways I can manage my finances. This is an Android Application you can download to your mobile where you can add your money and pay your bills. Aside from that, there are multiple ways you can generate more income using Coins.ph which I tackle in this post, Coins.Ph: Earn by Conveniently Paying Your Bills

Shopback 
For those who love online shopping, use Shopback! You get rebates every time you use Shopback for buying anything online. You can Cash out your Cashback to your PayPal or bank account.