25 Money Management Tips for Young People
20. Track Your Spending
It is really easy for young people to lose track of what they are spending money on each day or week in an age where the use of physical cash is de-emphasized. The best money management tip for someone who is on their own for the first time is to know exactly how much money is being spent on what each week. The only way to really keep track of earning more money than is being spent is to actually keep track of the total amount of money being spent each week down to every single penny. Those who are successful at this task have a good handle on their finances.
