The PBO™ (Personal Budget
Organiser) is an ingenious wallet created specifically for personal
budgeting. Cleverly designed with multiple pockets, The PBO™ helps
you focus and track your budget expenses every time you open it.
How it works
The key to personal budgeting is
allocating a specific amount of money to each expense category.
People tend to lose track of their personal budgeting when they
neglect to keep records for what they’ve spent and forget to
allocate those amounts to the appropriate expense categories.
The PBO™ makes the expense
allocation and tracking for personal budgeting easy. It comes with a
budget summary card, financial goals card and blank expense category
cards for you to complete and insert into it.
Budgeting cards
The process of filling out the cards
starts you thinking about personal budgeting and what you hope to
achieve. You’re then reminded of your goals, and the amounts
you’ve budgeted for each expense category, as soon as you open your
wallet.
On the financial goals card note down
what is it that you want to achieve from personal budgeting and how
you plan to do it by setting yourself a weekly, fortnightly or
monthly expense budget.
Transcribe the expense budget
information on to the budget summary card, breaking the total amount
down into expense categories. Place it into the clear plastic sleeve
in the wallet so you see it as soon as you open it.
Wallet
Complete the expense category cards and
attach one to each of the pockets in the wallet. Fill each of the
pockets with the amount of cash that corresponds to your budget. As
you spend, replace it with receipts after each of your purchases.
The PBO™ personal budgeting
system works most effectively when using cash. The reason being that
cash is tangible; when you open PBO™ up you can see what you
have left. And if you’re staring at your last $50 you’re much
less likely to spend it on something impulsive.
With cards you’re more inclined to
buy on the spot and consider the consequences to your personal
budgeting later. However, if you’re disciplined you can still use
cards in combination with PBO™ to file your receipts into
their expense categories.
Savings
The overall effect of seeing your cash
go, and your receipts increase, is that you start to rethink some of
your unnecessary expenses, such as the glossy magazine to read on the
way home, the cup of coffee or snack on the run, or the afternoon
sugar fix. Good news for personal budgeting, and possibly your waist
line too!
With Australians owing between $30 and
$40 billion in credit card debt, isn’t it time you rethought your
personal budgeting strategies?
For more information on PBO™,
contact us today or via
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Buy PBO™ now!
|
