Tips for handling money

Being on better terms with money and saving sensibly: We all want to do it! But one has to learn the correct way of dealing with money.

You can practice handling money on a daily basis. When doing so, the following questions are helpful:

  • What income do I possess?
  • What am I spending my money for?
  • How much money is available to me?
  • Would I like to save on something?
  • How much should I set aside as savings?

The Bank Austria budget planner provides support relating to the topic of “Money Management.”
A budget plan is a comparison of income and expenses. With it, you have a better overview of personal finances, and can better organise your own money. The budget planner also helps you to avoid some debt traps.