Everyone, of any age, needs to pay close attention to how they handle their money. When you get your first part-time job and start getting money, you should learn how to spend and handle it. I'm not good with money, but the first thing I do every month is make a list of all the things I spend money on. That has to be done.
1. Keep track of your finances.
Record and categorize all of your monthly income and spending
emoji. At the end of the month, you can figure out what proportion you spent on shopping, studying, or going out.
2. Open a savings book.
Set short-term and long-term goals to increase your cash flow. For example, divide your pay into six parts: one for short-term savings, one for long-term savings, one for intellectual investment, one for personal use, and one for fixed costs. Fixed expenses, such as housing rent and power bills.
3. Set up an automated savings deduction from your bank account.
Every month, I deposit 30% of my income into a savings account to avoid overspending.
Manage personal finance
