Start with essentials.
Separate what must be paid this month from what can wait. Check when each payment is due.
LEARN
Know where your money goes.
Plan your month: money coming in, household needs and what you would like to set aside.
Plan one month.
Use the same month for all entries. Expenses include food, rent, school costs, transport, debt payments and other spending; do not count planned savings twice.
If your income varies, include only what you expect to receive that month. Do not count the same payment more than once.
The calculation
Remaining = income − expenses − planned savings.
Figures stay on this page only; they are not saved or sent to the SACCO.
A plan that fits your life.
Plan for seasonal costs.
School terms, planting seasons or buying stock may change your costs. Note them ahead of time.
Review each month.
Compare the plan with what actually happened. Update your figures as circumstances change.