The budgeting is the best way to save up money at the best possible way.Once your earning has been retrieved it is important to make list of categories, Allowances, House rent, Medical, Food allowance, relatives allowance. This will help you to maintain money and use it in a systematic way.
Explanation:
- Allowance is the money you can use for games,outings or comic.
- House rent you can pay of the bill.
- Medical a certain percentage is required to pay of the bill.
- Food allowance it can be expensive if you eat outside,
- Relatives, It is unsure when you next relative would come to meet.
- Budget is a self explanatory way of companies increase profit.
- Project planning is done based on Budgeting.
