Unsure where you’re hard earned money has gone?
Working harder but unable to save money?
Author: Duncan Warnock CPA | January, 2016
Money management is essential to ensure that your hard earned money is used effectively. This means managing both the big as well as the small transactions as the total amount spent on small transactions can easily sneak up on you over the year. Just two coffees a day at $4 each from your favourite café can add to a yearly spend of $2,920 (you can often get a ‘round the world’ airplane ticket for that!)
So how can we manage our personal spending when we are so busy trying to fit in everything else we already have to do? – You need a household budget planning tool.
MAS Tax Maribyrnong has developed a simple solution that uses cloud accounting software to do all the ‘heavy lifting’ for you. MAS Tax can set up automatic bank feeds from your bank accounts into the software so you categorise and view your personal spending transactions anywhere anytime via the internet.
We can set up the household budget planning tool in either Intuit QuickBooks Online or Xero depending on your preference.
So it’s time to take action. Contact us today to let us help you become a money management expert!
Call MAS Tax Accountants Maribyrnong today on 1300 627 829 to get help with implementing a money management solution tool for your family household budget. Or email Duncan Warnock CPA at duncanwarnock@mastax.com.au
