Savings = Income ( husband + wife ) - Expenses
How about you ? I know we have different style of budgeting our money.The key is we have to save every month for urgent situation.However, using the formula above I often lost my budget espeacially if we go malling during sale or discounted days.
I watched a TV program title "Pesos and Sense", the host introduce a formula in budgeting money.
Expenses = Income - Savings, well in this formula savings will be always safe and we have to control expenses.As hubby agreed too ,we sign up a membership application in company cooperative.We have save little amount of money monthly without being noticed because it was taken out through salary deduction and we can't withdraw it anytime just unlike saving through ATM.