Frequently, we are not aware of hidden expenses. One of these expenses is for social purposes such as attending a friend's wedding, buy a present for a cousin's birthday, to visit sick colleagues, and others.
If these funds are not well calculated and managed, these funds could make your wallet empty! As a precaution, we need to allocate in the budget every month at least 5% of income or depending on ability. Remember that the more friends, the greater the social fund will be spent.
However, avoid taking funds that has been set aside to savings for this purpose. If the budget is quite tight, thoroughly check the financial for unnecessary expenses and can be removed so it can be allocated to the social fund. Do not also interfere with the social fund that has been set aside for other purposes. Although there are no events of this month that require you to use it, next month there might be events that have been waiting for.
If these funds are not well calculated and managed, these funds could make your wallet empty! As a precaution, we need to allocate in the budget every month at least 5% of income or depending on ability. Remember that the more friends, the greater the social fund will be spent.
However, avoid taking funds that has been set aside to savings for this purpose. If the budget is quite tight, thoroughly check the financial for unnecessary expenses and can be removed so it can be allocated to the social fund. Do not also interfere with the social fund that has been set aside for other purposes. Although there are no events of this month that require you to use it, next month there might be events that have been waiting for.
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