How to manage your money

How to manage your money

For college student manage the money is usually hard to do because there are unexpected expenses that could draining your pocket in a second.

First step that you have to do is, always record or write your daily income and expenses in a cashbook or any kind of book that can remind you every time and make sure you don’t overspend on your entire expend.

Second step is making a list – a shopping list. It will help you stay within budget. So when you want to spending your money, you already know which one is needed by you and make you learn to choose the main priority in order to fulfill the basic requirements. And the key is, don’t ever buy anything that is not on your list.

The last step is between you and your passion. You know why? Because when you can’t control what you want or when your desire is too bigger, you will burn your pocket in a second. So, to anticipate that you don’t carry more than you need, even your desire is too big there is no enough money to release your desire because that thing. And to do like that you have estimate the amount of money that you need every day.

That is a good steps I think to manage your money and in addition especially for college student “saving your money” is one of best step in order to anticipate your unexpected expenses.