Everyone starts from somewhere in terms of your financial journey. Of course, if you can start early and start doing things “right”, it gives you an edge and the good habits compound. Through my financial journey since 2017, I have read numerous articles and I think the below 4 tips can help many people in managing their money.
Budget and track your expenses or at least, be aware of your spending habits
It’s important to know your expenses and how exactly your money is being used when your salary comes in. Tracking your expenses might not be easy and to be honest, I don’t track my expenses but I make sure at the end of my credit card billing cycle, I am aware how much I have spent, whether I have overspend on that month and if so, which was my highest spending category....