Ever run into situation where in the month end you run out of budget and have to dig into your saving? Want to know how to manage your monthly expenses better? ‘Money in the envelopes’ could be your most needed solution. My wife and I are practicing this method and we found out that it is very effective in helping us to manage our monthly expenses. As long as we don’t spend more than the cash inside the envelopes, we will be doing fine.

Do you study your telco bills, or you simply throw them into the dustbin? Your telco bills not only tell you how much you need to pay (that is why you hate bills) but also record your calls, and summarises your SMSes sent. How to use this information to your advantage?

Now you call less. Now you send less SMSes. In short, you did reduce your mobile phone usage. But money could be still leaking – you might still able to reduce your mobile phone cost. Perhaps now is the time to switch to a better plan that best suits your current mobile phone usage.