Maybe my experience is not the same as yours and it is not correct that you live on 800 per month. But we finish our templates to see the results: Examining results STEP SEVEN Finally we see the balance is in our case: Item Amount Total Income Total Expenditure 2850 2750 100 Balance Let’s take a break here … Does it come “with right” (or worse, accumulated deficit) EVERY MONTH? Instead of saving about 800 each month just to spare enough to fill the last fuel tank or dining out. This I make the comment that happens today to 6% of Spanish households that fail to generate savings equivalent to 30% of their income. SEVENTH STEP How to Adjust Your Finances If this is your case, you will want to know the immediate solution that can be applied to restructure its budget and generate savings equivalent to 30% of their income.

You’ll need to make a little sacrifice and a simple process. Reduce Costs Expendables The small sacrifice is to take a red pencil and rearrange the concept of “Cost Expendables” to reduce by 20% I know, it’s painful, annoying and hard to do without certain luxuries, but believe me a little imagination, quickly find the formula to reduce by 20% the concept. If it is imaginative, your new Form should be as follows: Current New Concept Amount Total Amount “expensive debt” Fee 650 650 670 670 mortgage Unavoidable expenditure spending 780 780 650 520 Adjustable Total 2.750 2,620 We have made some progress, but we are still a bit far from increasing our savings rate to 30% of revenues by lowering monthly payments. .