TOP BUDGETING TIPS FOR CASH-SAVVY COUPLES
June 25, 2018
Budgeting. Urgh, we know. We’d all prefer to be independently wealthy and capable of spending without a plan, but unfortunately that isn’t always the case. Most of us have to plot out a financial plan to keep us on the straight and narrow, and to ensure that we leave plenty of room for growth and eventual retirement later in life.
Here are a few top tips to help you on the way to budgeting like a pro:
START WITH THE BASICS
Start simple. Make a list of your monthly expenses and compare it to your income. If your expenses exceed your income, you have two options – reduce your expenses, or find another source of income to increase your takings. If your income exceeds your expenses, you’re in a position to start saving and build a nest egg. If so, it is always a good idea to get input from a financial advisor who will be able to guide you in your decisions.
CREATE A RAINY-DAY FUND
Life happens. Cars break, roofs leak, dogs have to go to the vet, children need braces. We don’t always factor these expenses into our month-to-month responsibilities, so it makes sense to have a rainy-day fund that can cover these irregular obligations.
COVER ALL YOUR BASES
Have you and your partner discussed what would happen if one of you should become incapable of generating an income due to illness or incapacity, or how the remaining partner would take care of all the financial responsibilities if one of you should die? Discussing these things may be difficult, but it has to be done.
With their reimagined product offering, MiWayLife
is ensuring that everyday South Africans have access to comprehensive life and funeral cover. As standard, policyholders are able to cover spouses, siblings, in-laws, nephews, nieces, cousins and other members of their extended family - all with only one reduced monthly premium. Having a life policy like this in place goes a long way to providing security for your family.
By following these guidelines, you’ll be well on your way to budgeting like a pro. The most important thing to remember when you work on a budget with your partner is that we’re all different – what’s important to you, may not be as important to your partner, so be ready and willing to compromise on certain things. This will ensure that everyone is on board, and more likely to stick to the spending plan. Keep your eye on the blog in coming weeks and months as we share more info on streamlining your financial setup to pave the way to financial prosperity.
You may be wondering why you're seeing MiWayLife information on Date Night Ideas? Here's why!
1. Pricey insurance premiums eating into your Date Night budget? MiWayLife offers exceptional premiums with excellent coverage. Pay less, date more...
2. Home is where the heart is. MiWayLife offers comprehensive coverage solutions that allow you to focus on the living life to the fullest with your loved ones, knowing you're covered in case the unexpected happens.
3. You should be able to be bold & daring. MiWayLife insurance packages are tailormade for adventurous couples who like to carpe that diem, but would like to feel safe while doing so.
4. Fear shouldn't hold you back as a couple. When you have a safety net in place, it's easier to live life to the fullest. MiWayLife insurance packages provide the peace of mind you need to thrive as a unit.
5. Savvy couples take care of the grownup stuff first. We're all about romance and adventure, which is why we want you to choose an insurance provider like MiWayLife to keep the home fires burning while you're off exploring that great big world out there!
“No matter what has happened. No matter what you’ve done. No matter what you will do. I will always love you.
I swear it.”
––Defiance by C.J. Redwine
“I wanted to tell you that wherever I am, whatever happens, I’ll always think of you, and the time we spent
together, as my happiest time. I’d do it all over again, if I had the choice. No regrets.”
––Boundless by Cynthia Hand
“And in her smile I see something more beautiful than the stars.”
––Across the Universe by Beth Revis
“It’s one thing to fall in love. It’s another to feel someone else fall in love with you, and to feel a
responsibility toward that love.”
––Every Day by David Levithan
“I love you the way a drowning man loves air. And it would destroy me to have you just a little.”
––The Crown of Embers by Rae Carson
“I’m in love with you, and I’m not in the business of denying myself the simple pleasure of saying true things.
I’m in love with you, and I know that love is just a shout into the void, and that oblivion is inevitable,
and that we’re all doomed and that there will come a day when all our labor has been returned to dust, and
I know the sun will swallow the only earth we’ll ever have, and I am in love with you.”
––The Fault in Our Stars by John Green
“I never loved you any more than I do, right this second. And I’ll never love you any less than I do,
right this second.”
––Beautiful Creatures by Kami Garcia, Margaret Stohl
“Sometimes I can’t see myself when I’m with you. I can only just see you.”
––Tiger Lily by Jodi Lynn Anderson
“I am catastrophically in love with you.”
––Clockwork Princess by Cassandra Clare
“I knew the second I met you that there was something about you I needed. Turns out it wasn’t
something about you at all. It was just you.”
––Beautiful Disaster by Jamie McGuire