The art of budgeting

            Hello, everyone. Today I'm going to talk about budgeting and I'll give you an example how to do budgeting. Budgeting is a process or the measures taken by someone either individuals or groups with its going to the needs and sort out which are not necessary in financial management. Budgeting is like we think about what will be our budget and we do the recording will be such expenses. Let’s go.

            First I'm going to do budgeting in my education. Today I went to the college of accounting, I got to college need a few things that must be in prioritize such as the cost of tuition, books, photocopy, food, money transportation to college, and other expenses.  I now there is no income, that's where I get from my parents.  Here I am giving priority to study hard and graduated , to my parents proud and not in vain to pay my expensive to go to college. It is to prioritize in education is what I've just mentioned such as the cost of college, buy books, photocopying and so on. and the need to reduce other costs such as eating, so that my opinion go home to eat because of the house and college is not too far. If in taking into account in one semester without eating, cost of college Rp 4.500.000, money for the book Rp. 500.000, and fotocopy Rp 300.000. It has reached Rp. 5.300.000 but is an estimation, after the count is calculated by other purposes I can spend 6 million in one semester. I've divided up for these purposes, so it can also called the budgeting.

            Then i budgeting in my social goals. Here I am has been incorporated in “Keluarga Mahasiswa Buddhis Palembang”. In this organization I learned a lot in socialization with other people, looking for experience to work, how to be a target in the team that have been determined and others. The problem of budgeting in this case, most of the time I used to eat because there's no way to go home. this is done every day of week so that the 4x in a month I had Rp. 20.000 for lunch in a month of Rp 80.000. So I prepared Rp. 100.000 for the purpose it every month.

            And the last is about my financial goals. In financial goals, I'm going to buy the house, car, then used for investment, savings, and to pay insurance. Although I have no job, I need to do budgeting for the future. I can not be sure how much of that but I have future the price will be everything, but it back to income the future salary. so find with hard work to a satisfactory result.

            In spending to budgeting is often out hope, is always greater than budgeted. I like to go to the internet cafe and then went to a movie, hanging out with friends that I think need to do budgeting of that. I think that's all, have a nice day. Good bye.