Saving Make a saving plan - Everytime you receive an income, whethere that be from your regular salary, bonuses or sidejobs, take at least ten percent (10%) from it as your savings. Remember, savings is not the amount left after you've paid for everything. Think of savings as part of expenditure; deduct it from your salary the way you do with utility bills, rent and other necessary expenses. And if it is your child's education you're saving for, you'll need to be a little wiser and start a little bigger than that now: Alwayas assume that you will need to save between $115 and $284 a month. This estimate starts when your baby is born. Schedule an inexpensive family time This inexpensive quality time with your partner and the kids can either be a bike ride in the park, a trip to the local library, or even a walk in your neighborhood. A small notebook is not large enough to be uncomfortable bringing around in your bag everyday. This notebook can even be carried in your wallet or purse. Start writing down every little detail of expenditure on a daily basis. Do not forget to include the coffee you stop for every morning before getting to work, or that soda you have in the afternoon after getting off from the office. It's not wedding invitation, it's not entertainment, it's not souvenirs. Twenty-five percent of your wedding budget must go to photography. After the sumptuous meals had been munched down, after the drinks had been gulped down, and after the dress had been worn and laundered, the only thing that will make the couple and the guests happy after all the partying have died down are the photos. This organized system unifies money management for you with strategic planning, forecasting, legal consolidation, reporting, analysis, dashboards, and predictive analytics and not mere budgeting alone. Strategic planning offered by business budgeting software creates goals and financial targets that reflect trends and forecasts in the market. Zero based budgeting is a method of budgeting in which all expenses must be justified in each new period, as opposed to only explaining the amounts requested in excess of the previous period's funding. To better understand zero based budgeting, here's an example: Each department of an organization which uses zero based budgeting would have to justify its funding every year.