21345840
Beschreibung
Mindmap von Fiona Boylan, aktualisiert more than 1 year ago
|
Erstellt von Fiona Boylan
vor etwa 4 Jahre
|
|
why people prepare a budget
- To live within their
means
- E.G if income is expected to be 300
for the month it sets a limit for
spending
- E.G if income is expected to be 300
for the month it sets a limit for
spending
- Think about their spending
- They will need to consider the
type,timing and the amount of
that spending
- They will need to consider the
type,timing and the amount of
that spending
- Identify months when there's a lot
of bills/expenses
- they can try spread these
payments out of several
months or borrow funds
- they can try spread these
payments out of several
months or borrow funds
- plan for large items
- they plan and save for future
expenditure such as a holiday
- they plan and save for future
expenditure such as a holiday
- illustrate the
estimated monthly
net cash position
- when it's completed it will
illustrate the net cash for
the household.
- when it's completed it will
illustrate the net cash for
the household.
Möchten Sie kostenlos Ihre eigenen Mindmaps mit GoConqr erstellen? Mehr erfahren.