Budget Control
By Richard
@jaideemai (351)
Thailand
August 13, 2017 3:18am CST
I live on a small monthly income and it used to be very easy to find myself low on money at the end of the month.
Now I use a very easy way to know what is going on with my budget. After paying my monthly bills I simply take what ever money is left and divide it by the number of days before the next allotment is due.
For example if I have $1000 left I divide it by 30 and know I can spend $33 a day. If I go over or somehow am under than I just do the process over. So if I spend $40 and only have $960 then I divide it by 30 and know I have $32 left daily.
12 people like this
13 responses
You have to educate us again of how expensive life over there for you these days...)@jaideemai (351)
• Thailand
13 Aug 17
LOL! I was using $1000 as an example! But regardless, Thailand is a lot less expensive than the States!
2 people like this
@KrauseHome (36448)
• United States
22 Aug 17
It would be nice if many times we had enough to be able to budget somehow like this. Many times, it has been a lot less than that for us. Sometimes we are lucky to even have a $1 left to our name after paying bills. But glad you are able to do a budget like this,.
1 person likes this
@jaideemai (351)
• Thailand
23 Aug 17
Hi! Been a long time since I've seen you. I realize budget is not easy but I have to. How is your health now?
@rebelann (111124)
• El Paso, Texas
14 Aug 17
You only need to calculate daily if you spend daily, I don't @jaideemai
@jaideemai (351)
• Thailand
14 Aug 17
It is fairly simple once you get in the habit of calculating daily.
1 person likes this
@atoz1to10 (6781)
• Australia
13 Aug 17
Very good that you know how to spend your money. Do you save any money at all?
1 person likes this
@atoz1to10 (6781)
• Australia
13 Aug 17
@jaideemai Well, at least you try.. All the best and goodluck with your budgetting..
1 person likes this
@resukill22 (25052)
• Las Pinas City, Philippines
13 Aug 17
I salute you sir because of your knowledge and how to handle your budget for all expenses !
1 person likes this
@jaideemai (351)
• Thailand
14 Aug 17
When I follow it, there is little problem, but if I decide that I need something major I must force myself to save for a few months. Like the next thing that I MUST buy is a new computer as this one, like me, is showing signs of arthritis! Good news is that I can get a state of the art AYER (top brand over here) for about US$350.
1 person likes this
@ilocosboy (45157)
• Philippines
13 Aug 17
wow, that just great you can do budgeting.
It's one of my biggest problem, I just can't do it, my hands always itchy to spend.
1 person likes this
@peachpurple (13880)
• Malaysia
14 Aug 17
you are doing a good budget control but $33 per day just for food or everything?
1 person likes this
@jaideemai (351)
• Thailand
14 Aug 17
If I eat off the vendor carts or small food stalls I can by on about US$5 a day!
@gauti2483 (587)
• India
13 Aug 17
This plan are very good.
It's not depend upon low budget salary,
That's is good to your future
1 person likes this
@jaideemai (351)
• Thailand
13 Aug 17
This is for sure! I usually manage to save a little for the "challenges"! Love how you worded that!
