Basics Financial Management

There are two basic concepts of financial management of the family shall be recognized by the household budget and income / earnings and cash flow / cash flow management. For more details speak as follows.

Understanding cash flow management
The cash flow or cash flow is the flow of money that passes through us to get money, hold, development, and remove with ordinary wisdom and discipline.
Knowledge of cash flows should be noted that our family finances should not be controlled chaos. There is an interesting phrase "do not worry about your finances is a deficit, it is important to know where the money flows." We discuss the graph of cash flows as follows:

Recipes
(Income) activities are designed to put money / property. Usually, the income can be obtained from these two activities, namely wages and investment.
Treatments derived from our status as employee / staff / professionals / consultants. In a family wage that can be obtained by the husband and wife work.
Results of investments made by our activities in the development of money and wealth in different ways. There are several ways that you can do to invest the deposits, Real Estate, stocks, trade performance, mutual funds, bonds, etc..
Well, all our products are generally stored in the form of cash or bank / ATM.

Expenditure
The costs for all activities that involve a reduction of our currency. From the diagram, we see many needs of our dependence. So, if not properly regulated, it would make the family budget into chaos, and if chronic can lead to failure.
In general, the family expenses such as household expenditure, debt repayments, insurance premiums, National needs of children, transport, Zakat / Tax, Entertainment / Recreation, social, fashion, etc..

When you look at all this are often mistakes made by most families is the only dwelling on income from wages to cover the costs always empty. Angat, Bulacan our little family began investing activities as a source of family income. And if we are diligent to invest, then the result of these investments may actually cover our costs even more important than the salary that we receive on this.
The discussion above is an ideal state that should be met by each family. If your family is still completely dependent on the income stream of monthly salary, then it is time to remove your money to create new sources of income of investments.