Being a student and being away from home, it will make you become someone more independent and also more calculations. The money will be given monthly by the parents, and you must be able to manage it well and as smart as you can. The most important thing is his replenish. Right?
Not easy to manage finances, there will always be many reasons why the monthly money runs out in the middle of the road, often at a time when the next shipment is far from coming.
When something like this happens, then there will be many problems, problems that most small to the lack of food. His name is also a student, sometimes do not have the time to spend money calculation.
Some of the points below will provide a solution to your financial problems:
1. Arrange the Monthly Budget with Smart
Start compiling a monthly financial budget, it will facilitate you in managing finances. Separate all expense items and place some funds appropriately. Prioritizing post basic necessities, such as food costs, boarding fees, transportation costs.
But beyond all these posts, always preferred to set aside a sum of money in a certain percentage (eg, 10 percent) as a savings fund. These funds will be particularly useful as an emergency fund, if at any time there is a problem in your monthly finances or when money is late in coming.
2. Adhere Budget Consistent
When we make a plan, it will be useless if all the plan is not being implemented properly.
After compiling financial budgets smartly, then make sure you execute it with discipline and also commit.
Do not do it half-and-half, you will only get the maximum results if it complies with all the budgets that have been prepared. Always do check regularly, so that the budget is actually able to run properly. At first it might seem difficult, but after running it, everything will be easier to live.
3. Save and healthy
When away from home, it will be very important for you to maintain your health and have a regular life pattern. Do not get used to eating in any place, including buy snacks and a variety of other snacks. Wander around the campus or where you live and find a place to eat clean, cheap, and serves a variety of healthy foods.
Maintaining the health of all the time is also equal to downsize, it means you do not need to spend some money on the cost of treatment and care for the sick.
Hospitals will only make you waste a lot of things, including the time and also money. For that reason, always make it a habit of healthy living and eating regularly at a proper meal.
4. Separate Savings Fund and Needs
Never confounds saving money with the other money will be used for a variety of needs.
Immediately separate the amount of savings after you get a monthly allowance, use a separate account for the fund. This will prevent you from accidentally always use and do not spend it.