Smart Financial Habits for Students
Managing and Growing Your Money 📝 Introduction I know how tough it is to manage both studies and money. Distractions are everywhere, food, outings, online shopping, even any type of subscriptions. I also used to spend my pocket money without thinking. But then I realized that if I start building smart money habits now, it will help me not just today, but in the future also. 1. Track Your Spending 📝 The first step is to know where your money is going. Even small amounts matter. Write it in a diary or note it in your phone. 🔹 My Habit: I started tracking my daily expenses and realized I was spending too much on snacks. Cutting that down gave me extra savings. Whatever, I've a clothes shop in which my father was working at, and sometimes, I also doing his job and with the help of this job, I developed my mind to do calculations in my mind and I does all my expenses in my mind. 2. Follow the 50-30-20 Rule ✨ Here’s a simple way to manage money: 50% for needs (School items, Foo...