Pergunta · Diagnosis
How to know if I am losing money every month?
Losing money every month doesn’t always appear as a negative account. It often appears as a smaller balance, a larger bill, and a feeling that the salary is shrinking.
Most reliable signs
- End-of-month balance drops for 2 or 3 months.
- Credit card bill exceeds 35% of net income.
- You use reserve for groceries, pharmacy, or common bills.
- Installment expenses occupy a significant part of the next salary.
How to confirm in 15 minutes
- Take the statements of the last 3 months.
- Sum up the inflows of each month.
- Sum up the outflows and paid bills.
- Compare the net flow: inflows minus outflows.
If the result is negative in more than one month, the problem has already become a pattern. The next step is to find out which category grew the most.
Perguntas relacionadas
How to know if I am spending more than I earn?
Three signs are enough: balance dropping month by month, card usage above income, or revolving/overdraft in the last 3 months.
What is the first step to organize financial life?
Start with the diagnosis of the real month: inflows, outflows, fixed costs, bill, and categories that weighed the most.