Fixed costs are fixed payments that you have to make regularly or that are automatically debited from your account, for example rent payments, insurance, electricity, internet and telephone costs, subscriptions and many other recurring costs.
Variable costs, on the other hand, are not fixed, but are pakistan rcs data usually incurred individually and therefore always have a different amount.
Every purchase, every meal in a restaurant and every single ticket counts. These costs are sometimes higher, sometimes lower.
If you want, you can add your monthly income to your household budget . This includes your monthly fixed salary and variable income from part-time jobs, sales, credits or gifts. The difference can be calculated as the financial surplus that you have left after deducting all costs.
You can save this or plan for long-term investments.
So everything speaks in favor of creating a household budget and checking your expenses. How exactly this looks is up to you: you can list your expenses manually on paper or record your costs, invoices and receipts digitally. A digital solution is generally recommended because it makes data analysis easier. For example, you can use Excel or SeaTable for your household budget.