2) Include your Financial Plan into your Life Plan. This Financial Plan is to plan how much you should have by that age. Not only that, include the type of financial instrument that will be used to help achieve your financial goals.

Now you already have your Life Plan and Financial Plan, it's time to go down to the  core, which is how you manage your Income, Expenses and Emergency Savings.

Before sharing how you manage your Income, Expenses and Emergency Savings, I would like to put this across:

First ensure that you have set aside at least 10% of your salary for Emergency Savings.

Then list down your Fixed Expenses:
1) Mobile Bill
2) Transport

Next shall be your Variable Expenses:
1) Utilities
2) Groceries
3) Food (Eating out/Lunch out)
4) Medical Expenses
5) Children allowances
6) Handphone bills/Telco bills

1. Handphone Bill:You can try to minimize usage of watching videos on the go, so as to not over exceed your internet data usage.
2. Groceries: Try to find cheaper options for the goods you are purchasing. Healthy food does not need to be expensive. List down the food items you plan to buy and plan ahead of your daily meals menu.
3. Food & Beverage: Cut down on the frequency of eating out or lunching out. Try to cook dinner at home and pack your lunches. This sure saves alot of money.
4. Transportation: Cut down on using taxi to go to your destination.
5. Utilities: Switch off lights and fans if you are not in that particular room. Opt for fans instead of air-condition as air conditioner uses more electricity.