How to Manage Our Financial?




Most of university students are far from their parents. They live in a boarding house or in a dormitory. They should take care of their money and have ability to manage their money because parents usually give them monthly money. That is why learning how to manage our financial is important such as listing, dividing, and saving.
The first step is listing our daily needs. After getting monthly money from our parents, we try to make a list for our daily needs. This way helps us to avoid overspending the money. In any case, we hope this will be a useful way to monitor our saving and spending habits. In our budgeting plan, there is a list of necessary and unnecessary things that are needed. Necessary things include meal, drinking, pay a boarding house rent, and fee for doing assignment. New clothes, new shoes, and accessories belong to unnecessary things because we do not really need them. We often do not realize how much we are spending on a daily, weekly, and monthly basis. Writing down our expenses is also a way to help keep track of these habits. However, that is much easier said than done.
The next step is dividing our money. After listing our daily needs, we are recommended to divide our money into some parts. In this way, we will divide it into three parts. The first part is the money for paying and buying the necessary needs. The second part is our money that we will spend for the unnecessary things such as go shopping or travelling. The last part is the rest of our money. We can save the rest of our money and we will use it whenever we need. This way also helps us to considering
The last step is saving. Saving in here means if there is rest money after considering how much we will spend our money. If there is no rest, it is not too important for us to force saving. After dividing the money into some parts, the last part that we plan for saving, is better to put far away from the other parts. It helps us to avoid not to using this money whenever we do not really need it. We can do saving the money in a bank or in piggy bank. Saving in bank is better than in piggy bank, because the safety in bank is
In brief, listing and dividing are important ways for us if we really want to manage our financial. Those way help us to avoid overspending the money. Saving, in my opinion, is necessary when our entire daily needs have been fulfilled. However, it is hard to do those ways especially for women whose hobby is go shopping.

By: Evi Rani
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1 comments:

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