Adulting,  Advice,  money

Millennial’s guide to financial freedom

EN:

If you are reading this blog, you are most likely a millennial, just like yours truly. You know what really grinds my gears? When “adultier” adults expect someone who just finished college (yay me!) to have absolute control over their finances.

 

Like, who has *absolute* control over their finances? Bankers, maybe…

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A good thing is that I moved out of my parents’ house when I was in my first year of college, so I had to manage my finances a lot earlier in life than…. most of my peers. This is why I’m writing this: maybe you’re struggling with this aspect as well, and could use some advice :D.

 

Determine your financial situation

One of the first things you should do is determine what your financial situation is: how much money you make versus how much money you’re left with, at the end of the month, how much money do you want to save up for trips or other treats, etc.

Pro tip: do this with the classical “pen and paper” – it is more effective.

 

Make financial goals

Even if you want to save money, what do you want to save it for? A trip? A new phone? A new wardrobe? A personal development course? Whatever it is, you need to make it very clear what it is you’re saving up for, and remind yourself of it, whenever you feel like spending recklessly on trinkets or other stuff which, by comparison, are worthless.

Map out your expenses

This is the fun part. And by “fun”, I mean “dreadful”. You need to write down your income (be it fixed or variable), and then subtract your non-negotiable monthly expenses like rent, food, credit card bills, phone charges and utilities. After that, from the remaining amount (hopefully there is such a thing), you can decide how much you can/want put into savings.

I do this every month and, while it is exhausting to see half my income fly away on bills, after that I know for sure that whatever I’m left with is unaccounted for, and I can splurge here and there on an extra coffee from my favorite coffee shop 🙂

 

Be aware of your spending habits!

It’s easy to lose track of expenses, especially when you buy a small trinket here, and a small soda there. But bear in mind that all these small and insignificant expenses round up to a pretty hefty amount, and you are left dumbfounded as to where has your money went this month.

My advice is, especially if you are a tech enthusiast and prefer technology over pen and paper, to use an app, to track your expenses. There’s a ton of apps out there, from which I mostly used Spendee and Monefy (because I could share the wallet with my boyfriend, and we could both add expenses, on both our phones).

 

I hope this has been useful for you, and I hope that the next time an “adultier” adult expects you to be on top of your finances, you actually will be! 🙂


RO:

Daca citesti acest blog, cel mai probabil esti, ca si subsemnata, un millennial. Stii ce ma enerveaza, cu adevarat? Cand adultii-adulti se asteapta ca tu, persoana care tocmai ai terminat facultatea (bravo mie, abia am scapat!) sa fii un expert in propriile finante.

 

Serios, cine are control *absolut* asupra finantelor sale? Bancherii, poate…

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Un lucru bun este ca m-am mutat din casa parintilor cand eram anul I la facultate, deci a trebuit sa ma descurc cu proprii bani mult mai devreme in viata, fata de… multi de seama mea. De aceea scriu aceasta postare: poate si tu te chinui cu acest aspect, si poate ai nevoie de un sfat :D.

 

Stabileste-ti situatia financiara

Unul din primele lucruri pe care trebuie sa le faci, este sa stabilesti care este situatia ta financiara: cati bani faci versus cati bani iti raman la sfarsitul lunii, cati bani vrei sa pui deoparte pentru vacante sau alte bcuurii, etc.

Pro tip: mai bine folosesti clasicele “pix si foaie” – e mai eficient.

 

Fa-ti ţeluri financiare

Si chiar daca vrei sa strangi niste bani, pentru ce ii strangi? O vacanta? Un telefon nou? O garderoba noua? Un curs de dezvoltare personala? Orice ar fi, trebuie sa iti fie foarte clar pentru ce strangi, si sa iti reamintesti de fiecare data cand ai chef sa cheltuiesti pe prostioare si lucruri care, in comparatie, sunt fara valoare.

Ilustreaza-ti cheltuielile

Asta e partea amuzanta. Si prin “amuzata, vreau sa spun “de groaza”. Va trebui sa scrii ce venit ai (fie ca e un venit fix, fie ca variaza), si apoi sa scazi cheltuielile lunare ne-negociabile, precum chiria, facturile, mancarea, intretinerea, rate la banci sau facturi la telefon. Apoi, din suma care iti ramane (sperand ca exista aceasta suma, la final), poti decide cati bani vrei/poti sa pui deoparte, ca economii.

Eu fac asta in fiecare luna si, desi este epuizant sa vad cum jumatate din venit zboara pe facturi, stiu ca ceea ce imi ramane, la finalul calculelor, este nealocat si imi permit sa mai cheltui pe ici si pe colo, pe cate o cafea in plus, de la cafeneaua mea preferata 🙂

 

Fii constient de propriile cheltuieli!

Este foarte usor sa pierzi sirul cheltuielilor, mai ales cand cumperi un lucru marunt aici, si un alt lucru marunt acolo. Dar tine cont ca tocmai aceste cheltuieli marunte si nesemnificative se aduna intr-o suma frumusica, iar tu ramai masca atunci cand incepi sa te intrebi pe ce s-au dus banii tai, si luna asta.

Sfatul meu este, mai ales daca esti un entuziast al tehnologiei, sa folosesti o aplicatie cu ajutorul careia sa iti monitorizezi cheltuielile. Sunt o multime de aplicatii, dintre care eu am folosit Spendee si Monefy (in principiu pentru ca am putut imparti aplicatia cu prietenul meu, si puteam adauga amandoi cheltuieli, de pe ambele telefoane).

 

Sper ca ti-a fost de ajutor, iar data viitoare cand un adult-adult se asteapta sa ai control deplin asupra finantelor tale, chiar vei avea! 🙂

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