25 Money Management Tips for Young People

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21. Save over Impulse Buying

The best way to stick to a budget is to always prioritize saving over buying “nice to have” items. For many young people, it even becomes necessary to assign importance levels to their various expense and savings options so that they can better manage their true obligations against their needs and wants. Many times, consumers will allow their spending to be the primary factor to determine the amount of money saved vice the other way around which requires a greater amount of discipline.

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