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Brilio.net - Normally, a student must focus on pursuing the highest level of education possible. However, sometimes students also have various needs that must be met immediately . Meanwhile, there are times when the money you have is not enough. Plus, if the student wants to buy something that has a fairly high price.
The need for money often makes students' minds distracted and in a dilemma. It's better to focus on studying or making money, right?
If you are a student, whether elementary, middle or high school, it would be good if education remained a priority. For example, if your parents give you money every week, try to maximize what you already have, rather than looking for something you don't have.
However, if you still need to buy, try to organize your finances every week. How to manage weekly money for students like you is not as difficult as you might imagine.
By managing your money well and regularly, you can still focus on studying and at the same time buy the things you want.
If you are a student and want to try managing your finances on a weekly basis, check out the 7 ways that have been reported by brilio.net from various sources, Thursday (7/3).
1. Make a budget according to your needs.
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Make a basic budget by recording all the weekly income you get. Then note down what primary needs you must fulfill every week in a measurable manner. If everything is listed, you can set aside a small budget for secondary needs or for saving.
The budget also functions to see what needs you can save or increase. Don't forget to prepare an emergency fund if one day you need urgent funds. That way, you won't carelessly take out budget for other needs.
(intern/Zidan Fajri)
2. Record every expense and income.
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Note the use of money, even if the nominal value is small, such as paying parking fees. These notes are useful when you want to find out where your money went during the week.
You can also make financial targets. If in one day or a week you succeed in achieving this target, you can set aside a little money as a self-reward.
3. Use a service provider application to manage finances.
photo: monefy.me
You can download various financial management service provider applications on the Google Play Store or Apps Store. Several well-known applications provide services for managing finances, such as Monefy.me, Money Lover, and others. This series of applications will map where the money you spend or budget goes.
You can also update your financial records every day so you can keep track of your expenses. This application also provides a target feature for the money you save or other financial targets. This will further motivate you to manage your finances better than before.
4. Save little by little.
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Savings can be a sign of whether you are successfully managing your money, or whether you are becoming more wasteful. You can try saving from a small nominal amount, starting from IDR 50 thousand, then continuing to IDR 100 thousand, and so on. If you have collected it, you can use the savings to buy snacks or goods that you dream of.
Savings can also function as reserve funds when your wallet is dying. With savings, you will also be calmer in managing your money. Because you can save the savings funds for the next week, month or year.
5. Consult with adults or parents.
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Adults or parents will help direct you to manage financial circulation. You can use the opinions of adults or parents as a guide in designing a budget, financial targets, or other things.
You don't need to hesitate to consult with adults or parents. In fact, if you are open to learning, adults or parents will definitely be happy to help.
6. Try to save expenses in creative ways.
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If money is tight, but you need a lot, turn your brain around by trying creative methods, namely using new things. For example, for food purposes, you can cook yourself and bring lunch to school. For transportation, it will be more economical if you use a bicycle or public transportation. If you want to buy new items, look for large promotions or discounts.
7. Prioritize needs over wants.
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Buying snacks or dream items is usually synonymous with desire. As a student who wants to try to manage your finances better, it would be better for you to refrain from spending money just to fulfill your desires. Prioritize your main needs before other desires.
Often when you want to buy an item, but it turns out that what you bought is not very useful, isn't that a shame? So the money that you should be able to save in savings becomes less useful.
Those are 7 ways to manage weekly money for students. Once again we need to remember, everyone's financial capabilities are different. Maybe some of these methods don't suit you, so there's no need to force them. Learn to manage money little by little, over time you will get used to it.
(brl/lut)
