SECURITIES AND

OPPORTUNITIES
Intersectoral Social Protection System

ORDERING THE
BUDGET
FAMILIAR

VICTORIA, NOVEMBER 2014.

EGRESS
MONTHLY
FAMILIAR
MONTHLY INCOME MONTHLY
FAMILIAR EXPENDITURE
FAMILIAR

Amount of your needs

money earned basic.
or Expenses that
collected in the has a group
month for a family in the
^family group, month, existing
used Variable
mostly expends
to solve
 MONTHLY FAMILY EXPENSE

FAMILY MONTHLY INCOME

Feeding $ 60.000
Light $ 15.000
$ 90.000
Water $ 3.000
Salary for work Gas $ 20.000
SUF $ 27.726
Firewood $ 17.000
Bonus of $ 14.000
Diapers $ 15.000
IEF protection
Commercial $ 15.000
School Bonus $ 7.000 Store Fee
Healthy child $ 7.000
TOTAL $ 145.000
control voucher
TOTAL $ 145.726
FAMILY BUDGET
 Tool used to manage family finances and
to save money. A family budget can be simple or
detailed, depending on your needs. Should consider
family income and expenses for the month.
 PREPARATION OF A FAMILY BUDGET
____________________________________________________________________________

STEP 1

Throughout the month keep track of all income

obtained.

STEP 2

F------------------------------------------------------------------------------------------------------------------------------------------------------------------

Throughout the month keep track of all expenses

made.
 STEP 3

Sort your expenses into these

categories.

Services

Feeding Education

living
place
Transport Loans
If you have a If you have
deficit surpluses
They should plan the amount of money

REMEMBER:

they can spend.

Consider money in your budget for emergencies and unforeseen

events.

Remember the amount of money you planned to spend.

Try to stick to what was planned.
 Try to save for times when
whose income is low or
expenses increase.

Keep track of what you spend

daily.

If they spend more on something. Spend less on

something else.

All members of the family group must participate in the

planning and compliance with the family budget.
 SAVING
Saving is the action of
separating a part of the
monthly income that
obtained by a person or
family in order to save it for the
future,
It can be used for some important expense that you have or some
unforeseen (emergency).
 Avoid spending money to buy unnecessary items.

If you can, buy some things in bulk to

acquire some goods at a lower cost.

Quote in several places the goods you need and buy in the
cheaper.

Plan the purchases you need and take advantage of the moments of
offers.
 Avoid buying things on credit
avoid paying interest.

Save money in a safe place.

ORDERING THE............................................................................................................................................................................1
BUDGET.........................................................................................................................................................................................1
FAMILIAR......................................................................................................................................................................................1
PREPARATION OF A FAMILY BUDGET...........................................................................................................................8
STEP 1.....................................................................................................................................................................................8
STEP 2.....................................................................................................................................................................................8
STEP 3.....................................................................................................................................................................................9
RESPONSIBLE DEBT.............................................................................................................................................................18
What is overindebtedness..........................................................................................................................................................19

If you can, try to produce your own food or goods.

(for example, creating a garden).
RESPONSIBLE DEBT

Avoid having debts that exceed your ability to pay.

What is overindebtedness
We speak of over-indebtedness when income does not
They are enough to pay for the basic needs of a family.
 REMEMBER:
Avoid spending more money than you
earn, if you do
excessively you run the risk of
becoming over-indebted.

Keep track of your expenses, don't get

messy by spending more than you
that it really has.

Before spending more than your income, ask yourself

always if that expense is really necessary or if you could postpone
it
until you have the money.

If you need to go into debt, think about the cost of buying on credit.
STRATEGIES TO REDUCE EXPENSES

Set of actions carried out to reduce expenses.

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 STUDY CASE
PEREZ GONZÁLEZ FAMILY

THE PEREZ GONZALEZ FAMILY IS CONSTITUTED BY THE HEAD OF THE

FAMILY DON
JUAN, HIS WIFE NOEMI AND THEIR TWO CHILDREN WHO REGULARLY ATTEND THE
PRIMARY SCHOOL.

MRS NOEMI WORKS AS A HOME ADVISOR RECEIVING $50,000 PER

MONTH, DON JUAN DOES OCCASIONAL WORK RECEIVING
APPROXIMATELY $70,000 , IT IS IMPORTANT TO KEEP IN MIND THAT
THE HEAD OF THE FAMILY NEVER RECEIVES THE SAME AMOUNT OF
MONEY SINCE HE HAS “GOOD AND OTHER” MONTHS “BAD”
THEREFORE THEIR INCOME IS VARIABLE, IN ADDITION THE FAMILY
BELONGS TO THE ETHICAL FAMILY INCOME PROGRAM, RECEIVING
THE $ 14,000 PROTECTION BONUS EVERY MONTH.
FIXED HOUSEHOLD EXPENSES INCLUDE GOODS EXPENSES $50,000 , RENT
PAYMENT $25,000 , BASIC LIGHT AND WATER EXPENSES $30,000 AND
MONTHLY CHILDREN'S SCHOOL FEES $2,000 . VARIABLE EXPENSES
INCLUDE PURCHASE OF RECREATIONAL CLOTHING AND PURCHASE OF
CANDY TOTAL $30,000.

NOEMI PROPOSED TO HER HUSBAND TO SAVE FOR THEIR OWN HOME,

THE SAVINGS THEY SHOULD GET TOGETHER IS $120,000 , THE APPLICATIONS ARE IN MARCH 2015,
THE FAMILY MUST HAVE THE SAVINGS ONE MONTH BEFORE (FEBRUARY), SO THEY PROPOSED TO
SAVE ONE MONTHLY AMOUNT OF MONEY AND THUS OBTAIN HIS OWN HOUSE, JUAN AGREES.
 ANSWER THE FOLLOWING QUESTIONS

How much is the group's monthly income?

familiar?

How much is the group's monthly expenditure?

familiar?

How much surplus does the family have left in the month?

What are the necessary family expenses?

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