Active Bloggers

Sofía Montiel Sofía Montiel
Other College... class of 2017
HBCU CONNECT HBCU CONNECT
Central State University class of 1995
DJ Riley DJ Riley
Grambling State University class of 2008
Brooke Chaplan Brooke Chaplan
class of 2015
Kamal Imani Kamal Imani
New York Inst of Tech class of 1997
Reginald Culpepper Reginald Culpepper
Clark Atlanta University class of 1998
Elynor Moss Elynor Moss
North Carolina Central University class of 2003
LaMarr Blackmon LaMarr Blackmon
Cal St Univ, Long Beach class of 1992

Figuring Out Finances for the First Time When You're on Your Own

Figuring Out Finances for the First Time When You
Posted By: Anita Ginsburg on August 18, 2021

Being on your own can bring about a feeling of independence that you've never experienced before. However, in order to be successful and not struggle, you do need to make it a priority to figure out your finances. Here are some things that can help you master your finances in no time.

Talk to Someone That Has a Good Grasp on Their Finances


A little advice can go a long way when it comes to finances. You will be able to get a lot of great advice from others that already have a good grasp on things like budgeting and saving money. Talk to those around you who have been established for a while. You will find that they may be able to give you all sorts of tips and tricks that you will find beneficial.

Learn About Financial Management Services


If you are looking for an easy way to manage your money, you should learn about financial management services. Advisors like those at Luckie Seven Solutions Inc can provide a wealth of information to you on topics like building savings, establishing credit, and starting to invest.



They can assist you with organizing and figuring out your finances for the first time.

Join Online Finance Groups


You can find a lot of useful information in financial-related groups online. There will be a variety of different people in these groups that you can learn from. You can also get support from and give your support to those that are just starting out as well. These types of groups are a great place to ask questions and learn about finances among those that have a lot of experience when it comes to managing their own finances.

Create a Thorough Budget


If you don't know what you are spending your money on, you will have a difficult time figuring out your finances. This is why it's imperative that you create a thorough budget. Write down all of your bills and things that you spend money on each month. See if that total is more than your monthly paychecks. If it is, go through your list to figure out what you can cut back on. You may be surprised to see how much money you are spending on things that you really don't need.


While this is a very exciting time in your life, it can be rather scary, especially if you are constantly worried about money. In order to figure out your finances, you should utilize the tips mentioned above. They will provide you with a firm foundation for managing money now that you are on your own for the first time.
If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email!
Comments
Please Login To Post Comments...
Email:
Password:

 
More From This Author
How Kids Can Get a Great Education in the Comfort of Their Own Home
Love Teaching Special Ed? 4 Ways to Become a Certified Teacher
Enrolling in College After Military Service? 4 Helpful Pointers
4 Summer Camps That Specialize in STEAM Learning
4 Medical Careers You Can Start Without a Bachelor's Degree
Vital Roles in the Medical Industry You Can Fill Before You Finish Your Degree
Latest Blogs
Off to College? Ways to Save Money Before you Go

Off to College? Ways to Save Money Before you Go

College life will be new and uncertain, so having spare money is always beneficial. However, with high school life, recent graduation, and pre-college expenses, it might not be easy to put many funds ...more
Brooke Chaplan • 40 Views • December 8th, 2022
Women, are you sending the wrong signals to men?

Women, are you sending the wrong signals to men?

Method Man said "rocking 3/4ths never showing your stuff off bu". Is this what a man really wants for a wifey? Is this what you are showing men or do you want to catch them with your sexy looks? hmmmm ...more
Kamal Imani • 39 Views • December 8th, 2022
Schedule, Teams, Players to Watch in Chris Paul's HBCU Challenge.

Schedule, Teams, Players to Watch in Chris Paul's HBCU Challenge.

The second annual Chris Paul HBCU Challenge is from Dec. 17-18, 2022 at the MGM Grand Garden Arena in Las Vegas, Nevada. The basketball tournament will showcase HBCU hoops teams. Here's what you need ...more
Sofía Montiel • 63 Views • December 8th, 2022
Keep Upskilling Yourself: Advice from Ford Exec + HBCU Grad Sondra Sutton Phung

Keep Upskilling Yourself: Advice from Ford Exec + HBCU Grad Sondra Sutton Phung

Ford is committed to supporting HBCUs and developing diverse talent within the company. We had the opportunity to speak with the General Marketing Manager for Electric Vehicles and Clark Atlanta Unive ...more
Sofía Montiel • 57 Views • December 8th, 2022
Miss Morris Brown College 2022-2023,  Jarai Boykins

Miss Morris Brown College 2022-2023, Jarai Boykins

Miss Jarai I. Boykins, a psychology major, is Miss Morris Brown College 2022-2023. ...more
Professor Yvette Love • 66 Views • December 7th, 2022
Popular Blogs
Divorce in America in 2009 – What’s love got to do, got to do with it?

Divorce in America in 2009 – What’s love got to do, got to do with it?

Join Brother Marcus and the cast and the crew of the Brother Marcus Show live this Sunday evening on February 1, 2009 @ 8:00 p.m. for another hot topic in our community! “Divorce in America in 2009 ...more
Brother Marcus! • 70,557,885 Views • January 27th, 2009
VISINE ALERT!!!

VISINE ALERT!!!

Seemingly innocent medication such as Visine eyedrops are used by people to concoct a mixture with similar effects as a date-rape drug. When mixed with alcohol and taken orally, the eyedrops can l ...more
Siebra Muhammad • 90,329 Views • May 23rd, 2009

"Chain Hang Low" check out the real meaning of the Lyrics!

Recently there is a new artist out of Saint Louis that goes by the name JIBBS. Jibbs debut single "Chain hang low" has a history that most people are not aware of. The particular nursery rhyme that th ...more
Tyhesha Judge-Fogle • 33,659 Views • November 9th, 2006
Disney Princess Movie a

Disney Princess Movie a "Slap in the face" to African American Men...

Ok... So I guess this is what we get when Disney finally makes a movie with a black princess. A young black girl who falls in love with a prince that is is apparently from India (not African American ...more
Will Moss • 30,822 Views • January 2nd, 2010
The Recipe for Literacy in the Black Community™ Roundtable Discussion with Guest Dr. Shanessa Fenner

The Recipe for Literacy in the Black Community™ Roundtable Discussion with Guest Dr. Shanessa Fenner

The Recipe for Literacy in the Black Community™ Roundtable Discussion - Season Three - Epi. 10 - Co-Hosted By Erin Joshua and Alan Black with Guest Dr. Shanessa Fenner, Elementary Principal. Ca ...more
Beverly Johnson • 30,360 Views • April 10th, 2022
Please Give Us a Like on Facebook!