As a student, how do i manage my money wisely so that i can make ends meet every month? How do i save money?

Public Comments

1. Simple, just spend your money wisely. If your living in a material world, well this this is the time to cut that thing out. Provide a priorities in every dime that you've gotta spend.
2. First, you have to find out where your money goes before you develop a plan to control. Get a pocket size note book and in the morning start recording every thing you purchase, even if it's a package of gum. Total each day. Do this for at least a month. Then you can see where your money goes and what you are willing to give up. If you require a Starbucks latte every day then forget it. You have to be willing to give up things you don't need. At the same time , you will be shocked at how much money is frittered away without realizing it's going.Now, create a budget. You have x # of dollars coming in each month, so your budget will reflect how it is disbursed. The key element in any budget is to pay yourself first. The recommended amount is 10%. Even if that only amounts to $5.00 a month, do it. At the end of a year you will have $60.00 you didn't have before. Keep doing the record keeping. Train yourself in the areas of restraint and self control.Start couponing You can save a lot on groceries. Good Luck.r