Managing Money Essay: How To Manage Money?

Managing money can be one of the most difficult things to do as we grow up to be young adults. We are all in that stage of our lives where we want or need everything. Where it’s to a new car or the little things like clothes or accessories. To help manage my money I have a few steps I like to follow. One, step is not to spend money on useless things. Another, step is opening a bank account to start saving extra money. A final step is not to borrow money when in need of it. Following these steps will make it very helpful for anybody to manage money. Everyone always wants something. When money is in my hands I have the tendency to spend it, even if I may not need the item. My money is being spent on unnecessary clothes, unnecessary food, and betting with people. When I get paid, I tend to want a lot of things. One in particular is clothes. When I have money at least one-hundred dollars is spent on clothes each paycheck. In about a month I usually end up with three new shirts, new shoes,

Go without the money, don’t get in the hole, and borrowing money can lose trust. Going without money can be very simple. Once my bills are paid then that’s the best time to put money aside, but if by chance it’s spent all before the next paycheck I can just go without money for awhile. If borrowing money is my last resort try I and stay out of the hole. The best way to do this is not to borrow so much money from a person. Only borrow a couple of bucks so then it won’t take forever to pay them back and won’t put you in the hole for next week 's paycheck. Borrowing money is a great way for people to not trust others. If someone keeps borrowing money and won’t pay the person back or takes a long time their trust on them wears off faster and faster. Some helpful tips for borrowing money is to go without until the next paycheck, don’t borrow so much to end up in the hole, and pay them back to keep their