1. Have a Monthly Budget

This is very important in managing your finances. If you set yourself an allocated amount to spend each month, then you will be able to track how much you are spending per year. This will help you to plan how much money you need to live and will enable you to find out if you can keep to this monthly budget. The best part is that if you under spend per month than your fixed budget allows you to, then you will be saving money for you to use elsewhere!

2. Keep Emergency money

Having Emergency money is a highly rated tip which we recommend. It’s always good to have emergency cash which is not part of your budget. This way, if you ever have any issues or emergency situations, then you have that allocated amount to help you through your situation. On the other hand, you would be saving this allocated amount if you don’t spend it!

3. Have a Student Bank Account

Student bank accounts are a great way of managing your student finances. Your overdraft is there to help you manage how much extra money you may need in an emergency situation. The actual account is great to see how much you are spending as you can go into your bank to get a statement of how much you have spent. From this statement, you can see if you are spending too much money.

4. Write Down Your Costs

Writing down your costs is a great way of tracking your finances. Simply writing down how much you have spent will enable you to work out if you are spending too much money.

5. Review Your Bank Statements

Reviewing your bank statements every week will enable you to work out how much you are spending per month. This then allows you to decide on whether you want to increase your spending or whether you want to decrease your spending. Either way, this will help you manage your finances properly.

http://www.oauforum.com/manage-finanaces-student/

ok na...i'll keep that in mind till my nxt life when im an undergraduate again

Thanks!

really educating... thanks alot..

but this formular might nt wuk for most 9ja undergraduates....

all the same sha..thanks..

After buying books and pens for lectures, we need another one for personal finance right!

Issokay!

Did those points work for you?

i need to know how to manage. Just last month, my salary was used on frivolities- booze. i bought some few clothes which the tailor helped me in spoiling (i cant use them) and am thinking of aranging new ones. poor me!

Self-control is all that is needed.

This list doesn't stop any student from spending a month's allowance in one week, even 5days

eh,this is easier said than done.i remember how i usually write budgets down in 100level.u cant keep it cus expenses u dont plan for can come in anytime.to be sincere,i dont know how my pocket money usually finish in school . and again,if the pocket moni is huge,u can save wela but for me,no comment

money nor get value again o although me go try write budget this session wen i reach skul.i hope i keep to it :-/

btw,nice tips

@op, next time when you are...
Jesus!!! What was that sound?!!!!
What is this smell!! OMG!!! OMG!!! Someone farted ***covers nose and runs out of thread***

You also forgot to add lecturer's budget..those old men don't smile even at the beginning of the semester.

Op u forgot to add dat we shud do away wit girls.

Thanks for the brief advice.

.

Toh OP ka kyauta....anma ba'a naija ba ko?

4reigningqueen: @op, next time when you are...
Jesus!!! What was that sound?!!!!
What is this smell!! OMG!!! OMG!!! Someone farted ***covers nose and runs out of thread***

brotherly,u wrote diz poo to get likes abi?

My roommate av to see dis cos he spends anyhow and i bear d consequences always

That's why I love Garri!!

kayojosephy: My roommate av to see dis cos he spends anyhow and i bear d consequences always

then a red card is in order.

prospero5: i need to know how to manage. Just last month, my salary was used on frivolities- booze!

clap for yourself fool buying booze...mtcheew

Skillz4u: Toh OP ka kyauta....anma ba'a naija ba ko?

th onye igbo zai saman ka zage shi nefa.

i dont do those things but still am still okay, and i see a bright future

Phamoxy: Op u forgot to add dat we shud do away wit girls.

...I don't think this can work 4 u if u av girlfriend(s)...cos they're ladies,they'll always need help...

You can also use BODMAS formula

Neduzze5: That's why I love Garri!!

on point broo...gari tinz all the way.....

Peeta Bishop: clap for yourself fool buying booze...mtcheew

Hehehe

pembisco:
th onye igbo zai saman ka zage shi nefa.

babu hausa pls...turanchi(english) tinz all d way...
....1lv.

benbuks: on point broo...gari tinz all the way.....

Hard to believe I did not take Garri for 5months. kai student life

Ok, thanks, i hope this helps when i resume into that new life

@op,ur type are very selfish.

Some people nor get who dey send dem money monthly sef.If dem see 2k today na 3weeks time dem go see anoda 1k.How dos kind people wan tk follow your advice na?