Ready for the new school year after the summer holidays?

It’s that time again! In some federal states, the summer holidays are already coming to an end and many holidaymakers have already returned from their summer vacation or have spent a nice time at home. Time to look ahead and keep an eye on the finances as the new school year moves closer and closer. The enrollment is imminent or the change to the next year. New school supplies can tear a big hole in the household budget, because a new school year usually requires new school supplies.

Image result for school suppliesSave money on the purchase of school supplies

Before the shopping list for the new school year is written, one should first take stock of the remaining things. Is it really necessary to buy new crayons, notebooks and a satchel? Many of the school items from last year can still be used well for another year. It’s easy to write a new list – but cheaper to do it is to spend older stuff. Often it is not necessary to buy a new set of crayons. Sometimes it’s just enough to replace a color. A new school year can be much cheaper.

A new school year also means new textbooks

A new school year also means new textbooks

Regarding textbooks, unfortunately, you have no way to save money, because they are replaced each year with new ones. As the subject matter changes from year to year, new books are used accordingly. Many schools offer bookshops where you can sell well-preserved books or exchange them for current ones. As the books usually account for the largest share of the cost of new school materials, the effort can be worthwhile. A new school year will be a lot more bearable, if not all books have to be bought new.

Always the latest trend

Always the latest trend

Children often have a different fashion awareness than their parents. Often the social pressure in the classes is crucial. In order to be “in”, the currently preferred brands are needed, which may be out of fashion again next month. It is then up to the parents to have a positive effect on the children. New clothes do not always have to follow the latest trends. If you manage to make children aware of value for money, then you can buy much more cost-consciously for the new school year. New school year = high cost of clothing – this does not always have to be!

The right tool for the new school year

With the stationery one should pay attention already to good quality, since they are the most important tool for the new school year. As we all know, a job can only be as good as the tools allow. When checking the remaining writing utensils should be paid particular attention to their function. Nothing is worse than having to write a class with a pen that does not work properly. Every housework becomes an inferno when you do not have the right writing utensils. New school year – new pens, otherwise the school work is not fun!

The beginning of school: an important event!

The beginning of school: an important event!

When children go to school for the first time, everyone is proud. With their colorful school bag, they are excitedly embarking on a new phase of life. The parents, grandparents and siblings are all there to celebrate the moment. Photos will be shot and it will be an unforgettable day for everyone – another step on the way to growing up. Parents hope that the fun at the school does not pass in the first year. It’s not just a new school year, it’s a big and important step!

Save now on school supplies and apply for bridging loan from C. Auguste Dupin

Often the expenses are unexpectedly high. The holidays are over and there are still some important things to do for the school. Since it can already be financially scarce. If you find yourself in this unfortunate situation, some bridging money can help you out of trouble. A new school year without financial problems: this is now fast and easy: the online loan from C. Auguste Dupin helps in the event of financial bottlenecks.

Apply now for bridging money

Vacation over: Everyday life and finances after the holiday

7 ways to learn to save in your first job

In there; the first income is used for pure whims. It is not something new or strange, and do not feel bad. The truth is that, in many cases, the most important lessons come from bad decisions. And when we talk about personal finances, mastering them is a matter of learning to use them over time.

In kubo.financiero, we are interested in not having any obstacle in the way to dominate your personal finances. It is for that same reason that we have decided to share with you our guide to become the master of your finances despite being in your first job. Take note!

1. Define your goalsImage result for goals

Although it is normal at the beginning, wasting your salary every fortnight can turn into a bad cycle if you get used to it. Better, try to start with the right foot; define and write down your objectives when starting your new work path. If you think and have a clear plan of action and a specific amount, it will be easier to take care of your money instead of spending it on temporary things that you do not need. We do not tell you not to spend; If what you want is to use your money to buy new clothes, there’s no problem. The important thing is that you meet your goals without money being an impediment to you.

2. Diversify your income

Do not use all your money for a single goal, or all for one shopping trip. Better, divide it. If you want to spend a whole afternoon buying new clothes or things for your house, that’s fine; but do not do it without first organizing your income. For example, if you want to buy new things for your home but at the same time save for a trip, both are possible. You can save 20% in a long-term savings account and the rest in the short term. Preferably, open a special account for your retirement to which you assign another 20%.

We also recommend reading: Millennials, should we start thinking about retirement?

3. Invest

While the income you keep for your long-term goals is growing, start investing that money. You do not need to have large amounts of money to start investing; with kubo.financiero you can do it, from $ 1,000! With us your money is completely safe, in addition to which the returns can be from 11% to 16%.

4. Do not keep what was left overRelated image

Think about it like that; you have ant expenses, whimsical purchases, go to the movies, passage for public transport if you use it, ect. Instead of saving at the end of the month what you have left after all those expenses, better save an amount every fortnight or month of payment that will be your savings budget. And what about the rest? You can use that for movies, shopping, restaurant meals, etc. What is important for you to understand is that you do not have to save what is left over, but give an important priority to your savings.

5. Learn to cook well

It seems that it has nothing to do with the subject we are talking about at the moment. But, seriously, you must learn to cook. It is a normal attitude to get excited with all the delicious food you can buy in your first days of work. However, it is not healthy for your health or your money. Invest in good nutrition; go to the supermarket and buy ingredients for good filling and healthy meals. They will last you longer, you will spend less and your health will thank you.

6. Get used to organizing events in your homeImage result for at home parties

Going every weekend with friends to clubs, bars and restaurants can make you spend more money. Do not stop going altogether but try to organize plans with your friends at home, with good music, a horn, and commissions that each one brings. The joke is that you save some money without letting yourself have fun.

7. Do not ask for an increase

At least that is absolutely necessary. Know different ways to grow your money without having to depend on% 100 of your work; You can make your hobby a freelance job , you can start your small business while you are working , or you can invest your money. A sign that you do not have financial health is to depend completely on your income, better put your money to work for you!

And to finish, we give you good news; we invite you to download our monthly finance planner for free. With this tool you can record all the movements you make with your finances, how much you save and how much you invest. Very good idea, do not you think?