1.Establish saving goals
Always set clear saving goals- it could be easier to manage your money by establishing monthly goals. In this way, you can clearly see what percentage of your monthly income you would need to save in order to achieve your financial goals. Having your savings will help you be prepared in case of an emergency situation.

2. Learn to control yourself!
It is always very easy to fall into the temptation of buying everything on credit, and there is nothing wrong with doing that, but it is always better to wait and buy what you want when you have the money instead of getting yourself into debts. Buying everything on credit can lead to a life full of debts and this would never allow you to achieve your financial goals.

3. Know where your money goes
It is very important to establish a personal budget when you start earning money in order to ensure that your expenses never exceed your earnings. Make a list of your fixed expenses, and focus on finding those insignificant expenses that could be affecting your finances. By having the list of your total expenses each month, you may realize how much money you have for savings.

4. Think about the future
It is always good to think about the future, and to have your savings in case of any situation that could arise. It is also important to think about your personal life goals in order to make sure you are economically ready to fulfill these goals. Getting married, having a baby, studying a masters degree all of these things cost and they do cost a lot, so remember to start saving!

5. Invest your money
There is no use to have your money stored in the bank, the best thing you can do is to invest your savings in order to generate interest rates. Your money could be multiplied if you invest wisely. To know where to invest your money you have to know clearly what your goals are, know your financial availability and know how much you may be willing to risk.