Budgeting is the art of money management. A big part of the process is planning and forecasting. No budget can be done until you know exactly how much money you are receiving and how much is going out. Forecasting helps predict the future while planning makes the most of it.
Our mission is to help your family budget their monthly household expenses. Initially, it will take just a few hours of your time. We can facilitate the process via e-mail or telephone. With our expertise, within just hours, we will prepare an easy-to-understand, individualized, weekly or bi-weekly budget for your family to follow.
Based on the information you provide, we will allocate your expenses and determine your checking account needs versus your cash flow needs. Once we have prepared a preliminary budget, we will review it with you and make revisions where necessary. Once your new budget is in effect, we can help you accumulate a nest egg for your family´s future. Most families are not aware that they are spending more than they earn. Establishing a realistic budget for your family is something we recognize is essential. We will eliminate the stress of living paycheck by paycheck by generating a sensible budget that your family can easily live with.
Our primary objective is to gain an understanding of what your expenses are and subsequently assist you by providing a manageable budget. Once your budget has been established, we offer a follow-up visit to address the following:
revisions to the budget, if necessary
consolidation of credit cards
exploration of options to reduce expenses
suggestions to help your family save money and build wealth
PROCESS
1. You would need to fill out the Budgeting Questionnaire under Forms. If you require Debt Reduction, you would need to fill out Debt Reduction section under Forms.
2. A consultation with you will take place at your convenience via e-mail or telephone
3. We will provide instructions for assembling all of your current bills/expenses (if needed)
4. Determine your total household income (if needed)
5. We will create a personalized budget based on the results you provide.
6. Upon finalization of your budget, the first installment for payment will be requested. The payment will be based on our time spent creating the budget and providing you with our thorough explanations.
7. After you have reviewed the information, if any modifications are required, they will be made immediately.
8. Once you indicate that you are completely satisfied with your new budget, the final payment will be requested if additional changes need to be made.
2. A consultation with you will take place at your convenience via e-mail or telephone
3. We will provide instructions for assembling all of your current bills/expenses (if needed)
4. Determine your total household income (if needed)
5. We will create a personalized budget based on the results you provide.
6. Upon finalization of your budget, the first installment for payment will be requested. The payment will be based on our time spent creating the budget and providing you with our thorough explanations.
7. After you have reviewed the information, if any modifications are required, they will be made immediately.
8. Once you indicate that you are completely satisfied with your new budget, the final payment will be requested if additional changes need to be made.
Here Are The Top 10 Reasons You Should Know When Budgeting:
1. Budgets are a necessary evil.
They're the only practical way to get a grip on your spending, and to make sure your money is being used the way you want it to be used.
2. Creating a budget generally requires three steps.
Identify how you're spending money now.
Evaluate your current spending and set goals that take into account your long-term financial objectives.
Track your spending to make sure it stays within those guidelines.
Evaluate your current spending and set goals that take into account your long-term financial objectives.
Track your spending to make sure it stays within those guidelines.
3. Use software to save grief.
If you use a personal-finance program such as Quicken or Microsoft Money, the built-in budget-making tools can create your budget for you. However, using software alone is simply not enough without having a full understanding of your personal finance.
4. Don't drive yourself crazy.
If you use a personal-finance program such as Quicken or Microsoft Money, the built-in budget-making tools can create your budget for you. However, using software alone is simply not enough without having a full understanding of your personal finance.
5. Watch out for cash leakage.
If withdrawals from the ATM machine evaporate from your pocket without apparent explanation, it's time to keep better records. In general, if you find yourself returning to the ATM more than once a week or so, you need to examine where that cash is going.
6. Spending beyond your limit is dangerous.
This doesn't make you an automatic candidate for bankruptcy, but it's a sign you need to make some serious spending cuts.
7. Beware of luxuries dressed up as necessities.
If your income doesn't cover your costs, then some of your spending is probably for luxuries, even if you've been considering them to be filling a real need.
8. Provide a goal for yourself.
Aim to spend no more than 90% of your income. That way, you'll have the other 10% left to save for your big-picture items.
9. Don't count on windfalls.
When projecting the amount of money you can live on, don't include dollars that you can't be sure you'll receive, such as year-end bonuses, tax refunds or investment gains.
10. Beware of spending creep.
As your annual income climbs from raises, promotions and smart investing, consider saving more.
For Your Life
For Your Career
For Your Business
Call us today to speak with a Customer Service Representative.
Tel: 1-917-617-9262
E-mail: cs@iventuresgroup.com
If you have specific questions on the services that we offer and would like to know how we can help you:
Email: questions@iventuresgroup.com
Tel: 1-917-617-9262
E-mail: cs@iventuresgroup.com
If you have specific questions on the services that we offer and would like to know how we can help you:
Email: questions@iventuresgroup.com
