Hi, I?d like to advise you one great approach to your family financial planning. I want you to try converting your monotonous boring family budgeting into a sort of absorbing game. I think that it should be exactly a role-playing game. With this exciting role-playing game you can acquire an alternative view on your family finances because in this case all the members of your family will be active participants. It is suitable both for families and for students who live in dormitories. Each participant will be a member of the board of directors of family or a student finance committee. In fact it doesn?t matter how it?s called. First, you need to select chairman of the board of directors, which will hold a meeting and CFO, who will prepare the budget.
It is important to calculate the budget so that it is that you should know how much money should be saved for life, and how much you can spend to satisfy your current needs. In the family, this budget will include all costs and revenues. When the chairman has been selected successfully then it?s high time to think about the first meeting.
At the first meeting all the members should be familiar with the budget. Moreover some details should be assigned for the further discussions. It goes without saying that the main topic of discussion will be expenses. As you know expenses include expenditure on food, entertainment and utilities. I think appropriate decisions should be taken on the basis of calculations of the previous months. But any member of the board may make their wishes and adjustments for consideration. For example, the family budget should be adjusted if very soon somebody will have his birthday. This shouldn?t be an unexpected expenditure of course. In this case you can make such a proposal: ?Every month we spend about $ 350 for food, but next month we?ll have two birthdays. This will seriously increase our food costs. I propose to combine two birthdays in one day days of birth and make one party, allocating only $ 60. This proposal should be voted and if all members are agree we should adjust our budget in compliance with it. If the parties decide that the amount is very big then we should revise the cost of basic food and try to save anything.? I hope my example gives you a general understanding of the subject.
This game is particularly interesting when it involves children. They can give good advice on how to save a certain amount of money to buy them something. Moreover, such meetings can reinforce family relationships from my point of view. As you can see it?s the most beneficial game ever created by humans. Have a good time and profits with it.
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