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8 advantages of preparing a monthly budget!



  1. You can know what your income is

  2. You will be able to identify your real and necessary fixed expenses

  3. You can know your variable expenses, which will allow you to start saving or increasing your savings through your control

  4. You will be able to obtain real information from your finances in order to make rational decisions and avoid impulsive or unne- cessary purchases

  5. You can know your habits and behaviors related to money to make decisions about them

  6. It will allow you to identify your current situation or where you are to reach and plan your financial goals

  7. By knowing your income and expenses, you can plan new projects, trips or purchases according to your needs in the medium and long term

  8. You will be better prepared for situations beyond your control


 

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