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How to manage salary in simple way like Hanz

Another tip from me…he,he…fit for FTWM & maybe WAHM too..

I’ve been managing my money since 16 years old & nobody taught me how..I just figured it out by myself.When I said manage, meaning I jot down Cash In, Cash Out & got special book for it! :> I kept all expenses receipt, then throw it after write down what I spent & write down money earned in any forms. I compared prices & won’t simply buy necessities without re-thinking many times. And, I sell back my books just in case I got bored with it so….I could spend more on books!

It used to be, when obtained pocket money from my dad, I hardly spent it at school as I brought my own food..so mostly it goes to bus fare if I have extra classes or curriculum & won’t take the school bus..and then the rest goes to story books, magazines & cassettes.Some goes to savings..

Once working, tempted by credit cards offers everywhere, at one point of time I had 4 cards & all reaching limits. Luckily, my eldest brother offered to bail me out & soon after that got myself hitched with dear hubby.

We had our time of down for sometimes..we was poor you know, I’m not kidding ya..and we appreciate the value of money more than ever…I learnt my lesson well & for today, I only have one credit card & I’m not keen to add more. Nevertheless, making ridiculous loans to settle debts. Alhamdulillah, not wealthy but at least, we’re more than okay than surviving like those unfortunates ones who could hardly can get one mouth of feed for days…I’m grateful that at least me, hubby & my boys are not in that state. It’s a constant reminder to us to appreciate life more, you see. That’s why I’ve keep on being frugal + delicious = frugalicious at all times. Eventhough you have so much money & can afford that much, try to be more on frugal side as you will never your fate in the future.

Well, back to the main point. How do you manage your money?

My way is very simple. For full time working mother like me, I earned my salary with fixed amount monthly.

And, all I have to do is to distributed my earnings to three parts like this :-


Fixed is strictly for cash expenses that the amount would maintain the same monthly. Like childcare, hire purchase & other installment that tend to be my asset.Duration varies.

Cash is for whatever the remainings I have in hand that I can spend for whatever things I want to spend. It must based on priorities. An example, the need to replace my contact lenses stocks of 6 months plus is more important than spending new pair of pants.

Credit refers to my credit card expenses.Usually I will spend by the same amount that I can afford to pay for the following months.And, I try harder not to use my credit card most of the times.

And, on top of that, I also allocate & distribute my daily expenses for 20 days with fix amount like picture below.


Each packet contains fix money that I must spend per day for food at work or other miscellanious for week days. Weekends excluded because dear hubby will spend for his beloved ones. :>
Meaning, I will try not to spend more than the money allocated everyday & the lesser the better.The balance of expenses money I will keep in there, not thinking about it till end of the month and surprise, surprise! Let’s see how much balance of money I have! This balance it can be used for emergency, savings or splurge for my boys or even for myself definitely!

To some, they tend to reward and pay themselves by saving first and the amount is fixed, right?

Well, confession from me, I don’t fix the amount of my savings yet. Maybe next year? Well, my point is I don’t want to stress out myself of saving too much and don’t enjoy life. To me, as long as I’m not overspending, doing frugalicious & my boys have their saving & insurance plan tuck away, our life is good. And in case I need to get something that I desire with, usually I save some money till it is enough for the purchases.And, usually I tend to find ways of making extra money…he,he…

Life is too short. Make it simple.Don’t stress yourself with financial burden.

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December 1, 2009 - Posted by | Hanz's Tips, Lifestyle on Money Matters

23 Comments »

  1. wah.. menariknya.. sangat bagus buat saya (yang sangat x reti manage my money.. huhu) tq ya hanz! 🙂

    Comment by Zuhaini | December 1, 2009 | Reply

  2. ini tips yg plg i nak sgt!!! esok dh bule start…. btw tq hanz.

    Comment by Elyn | December 1, 2009 | Reply

  3. menarik hanz.. yang isi duit dalam poket tu mmg member I buat.. mmg berkesan tapi i tak buat.. haha..sejak pindah rumah nie saya pun tak saving macam sebelum pindah..ishh..ishhtapi next year resolution nak tetapkan certain amount of money to be saved….

    Comment by nadnye | December 1, 2009 | Reply

  4. Zu, your most welcome! :>

    Comment by Hanz | December 1, 2009 | Reply

  5. Elyn, x kuasalah nak ikut percentage macam pakar2 finance sarankan..janji untuk sumer ader..kan? your most welcome! :>

    Comment by Hanz | December 1, 2009 | Reply

  6. Nad, ya..me pun plan nxt yr nak fix amount saving & put it under fixed column as if macam kita bayar orang kan…tang tu kena disiplin..the rest maintain cam biasa…

    Comment by Hanz | December 1, 2009 | Reply

  7. Good book keeping habit

    Comment by desh | December 1, 2009 | Reply

  8. very systematic Hanz…very good.me, yang memang tak pandai manage ni hny buat jot down everyday expense.sekupang dua kupang yang keluar pun dijot down, tapi buat dlm excel file.awal2 dah allocate certain % for each of category.mcm at the end, kuar graph summary for that month.buleh tengok la mana yg high. yang mana -ve. lebih dari yg diperuntukakn. bulan tu makan terlebih ke..? isi petrol terlebih sbb berjalan sakan ke..?? hehehesaving..I dun really save in a way we call saving. tapi I bought little % of my company share..so itu I kira my saving la…at the end, bila dah rasa tinggi n dpt untung skit I jual la utk dpt utg dia…yg duit asal tak usik …hehe..suke idea sampul for 20 days tu..

    Comment by Dayah | December 1, 2009 | Reply

  9. Hanz, saya pun dulu rajin gak buat budget bulanan dan rekod semua belanja harian, akhir bulan lebihan duit belanja rumah mesti simpan tapi sejak duk berjauhan ngan suami dah terberhenti plak, next year dah duk sekali kena start semula la..

    Comment by anamarza | December 1, 2009 | Reply

  10. waa,..Hanz, boleh buat buku nih..

    Comment by unlisted_one | December 1, 2009 | Reply

  11. Very interesting! Especially the part that you allocate a certain amount for daily spending..sungguh berdisiplin!I pun, semenjak berenti kerja fulltime 7 tahun lepas, ada excel spreadsheet for daily expenses. Byk la kategori..it helps to "control" my spending sebab kalau terbanyak belanja tu macam sakit sikit lah nak key-in dlm spreadsheet 😛

    Comment by SOHO Mama | December 1, 2009 | Reply

  12. a very nice saharing,sis Hanz !actually,i used tu jot down wht i spent.. but not doing it nowadays..

    Comment by Ummi Hanie | December 1, 2009 | Reply

  13. Dayah..waahh ada investment..good for u!

    Comment by Hanz | December 2, 2009 | Reply

  14. Ana…buat2.. :>

    Comment by Hanz | December 2, 2009 | Reply

  15. Unlisted_one, buku apa tu? ngee…

    Comment by Hanz | December 2, 2009 | Reply

  16. Millie..u rajin buat spreadsheet, me buat cara manual jer…

    Comment by Hanz | December 2, 2009 | Reply

  17. Hanie…buat..lebih2 lagi Hanie dah jadi WAHM skarang.. :>

    Comment by Hanz | December 2, 2009 | Reply

  18. i suka sgt entry ni hanz!yela kite memang kena belajar dr kesilapan..i pon pernah gak overspend macam u..tp skang dah lega sikit..kredit kad semua dah potong! hahaha i rasa the best way cara nak kontrol duit kite ialah dengan amik kire semua cashflow..memang skang i pakai cash je.bile nak shopping plak..i memang asingkan some amount of money for that purpose so takdela kite overspend.

    Comment by Farah | December 2, 2009 | Reply

  19. desh..thanks for the compliment!

    Comment by Hanz | December 2, 2009 | Reply

  20. Betul tu Farah! Setuju sangat!

    Comment by Hanz | December 2, 2009 | Reply

  21. u mcm my hubby, dia selalu record debit & credit everymonths. dulu2 i tak wat gini, but then lps dia lantik i jd akauntan tak rasmi r/tangga kami, i lah plak kena isi all those expenses that we spent every month. cuma bezanya u tulis ldm buku, i plak key in dlm excel file eheh

    Comment by yatie chomeyl | December 2, 2009 | Reply

  22. Yatie, me just malas nk key-in dlm excel..rasa lagi friendly tulis dlm buku..hahaha

    Comment by Hanz | December 2, 2009 | Reply

  23. Hanz, u are so well organised!

    Comment by Mummy to QiQi | December 3, 2009 | Reply


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