Bangalore: A proper budget is the dream of all people. This not only shows that we are responsible with money but also that we can manage our financial future. There are a few indicators which reflect that we are doing a lousy job at managing our cash. Merely saving money by foregoing the necessities of life is not called good book-keeping. Such an act shows that a person is not capable of handling finances. As this is tough job, people need to watch out for a few signs that signal that a person needs to redo his/ her finances. So, here are some signs to keep an eye on to avoid the danger-zone of being broke –

1) Money Crunch on 31St –

We all are aware of our condition as the month nears to an end. We all feel the financial pinch and we start cutting corners. There might be unexpected money needs that require to be looked at. In this process, our monthly budget suffers. However, one must not blame these circumstances. One must be prepared for such uncertainties beforehand. One should have an emergency reserve of money for accidental happenings that require money. One should only touch this stash in case of dire needs. Moreover, one should assign a fixed amount of money for each week and stick to this number. This should be inculcated as a weekly habit to save money.