If you’re living at home and find a job, save a lot of your money. That way when you get on your own feet, you already have a good reserve in place and you will worry less. When I moved out I had spend two years working full time while living with my parents and it allowed me to buy an entire appartment full of (second hand) furniture while still having some reserve.
You can invest but be aware of it. Don’t do crypto as it goes south more often than not.
Cook for yourself most of the time and use non pre-made stuff as the majority of your ingredients. A pre-packed pack of carrots over here costs 4x as much as a whole, fresh carrot. The only thing you need to do is slice it at home, which takes 20 seconds maybe. Cooking for yourself teaches you skills, is often healthier and even tastier if you learn some basic stuff about cooking.
Make an actual budget. Most people do it in their heads, but sit down, open Excel or something and write down your costs and income. Then see what’s left after paying your standard costs. Then see how much you want to save. Then see what’s left and see how much weekly budget you have to the end of the month, and stick to it. If it works better for you, take it all out in cash so you can physically see how much you have left.
Plan ahead. If you live alone and stuff breaks, it needs replacement. A new washing machine can quickly cost 600-700 bucks and is an essential in your home. Be prepared to replace things when they break. Have an emergency fund ready.
I live by a simple rule of: if I can’t afford it as a whole while still having a good reserve of money left, I don’t buy it if it is not an essential something. Don’t spend money you don’t have or can’t afford to lose.
Also, look around for jobs every once in a while. You’d be surprised how quickly you may get a higher salary at another place and you might want to keep an eye open for other positions. Sometimes the same position at another job can pay you 200 bucks more.
To add to this: if unexpected bills come up, reach out to the company and ask for a payment plan if possible.
I guide indebted people and in a lot of cases people can’t pay a bill, ignore it, let it go to a debt collection agency and get into more trouble with extra costs. A lot of companies or government instances offer payment plans or other solutions if that’s what you need. They’d rather collect the money over time than spent time and money for other to do it for them.
If you’re living at home and find a job, save a lot of your money. That way when you get on your own feet, you already have a good reserve in place and you will worry less. When I moved out I had spend two years working full time while living with my parents and it allowed me to buy an entire appartment full of (second hand) furniture while still having some reserve.
You can invest but be aware of it. Don’t do crypto as it goes south more often than not.
Cook for yourself most of the time and use non pre-made stuff as the majority of your ingredients. A pre-packed pack of carrots over here costs 4x as much as a whole, fresh carrot. The only thing you need to do is slice it at home, which takes 20 seconds maybe. Cooking for yourself teaches you skills, is often healthier and even tastier if you learn some basic stuff about cooking.
Make an actual budget. Most people do it in their heads, but sit down, open Excel or something and write down your costs and income. Then see what’s left after paying your standard costs. Then see how much you want to save. Then see what’s left and see how much weekly budget you have to the end of the month, and stick to it. If it works better for you, take it all out in cash so you can physically see how much you have left.
Plan ahead. If you live alone and stuff breaks, it needs replacement. A new washing machine can quickly cost 600-700 bucks and is an essential in your home. Be prepared to replace things when they break. Have an emergency fund ready.
I live by a simple rule of: if I can’t afford it as a whole while still having a good reserve of money left, I don’t buy it if it is not an essential something. Don’t spend money you don’t have or can’t afford to lose.
Also, look around for jobs every once in a while. You’d be surprised how quickly you may get a higher salary at another place and you might want to keep an eye open for other positions. Sometimes the same position at another job can pay you 200 bucks more.
To add to this: if unexpected bills come up, reach out to the company and ask for a payment plan if possible.
I guide indebted people and in a lot of cases people can’t pay a bill, ignore it, let it go to a debt collection agency and get into more trouble with extra costs. A lot of companies or government instances offer payment plans or other solutions if that’s what you need. They’d rather collect the money over time than spent time and money for other to do it for them.