Surviving “Adult Life” 101

Surviving “Adult Life” 101

Submitted by 04361-2 on 27 July, 2022
adulting 101

“What’s next?” is probably the question that bothers you now after you graduate from college and start looking for a job. Note that it is important to learn how to be independent, both emotionally and financially. Welcome to “adult life”! It can be difficult at first since you are not used to it yet, but it is essential to start good financial habits early on. Here are some of the tips you need to remember to help you manage your finances better.

The key is to start!

On the battlefield called “adult life”, it’s not about how much you earn, but how well you do in managing your finances. The basic step is to immediately open an account from the time you receive your first payroll. With the current advances in digital banking, you can easily open an account using your mobile phone. Relatively, you don’t have many needs yet, so you can set a percentage of your income to be allocated to your savings.

Do your track!

Open your notepad and take note of your expenses. Tracking your spending is a must for sound financial management. It will be easier for you to allocate and adjust your spending base from your track, and you will be extra conscious of your purchases. By doing this, you can easily know the difference between your needs and wants. Note that the ability to distinguish between wants and needs is crucial to help you manage your funds better. Your monthly budget should be less than your monthly salary, so you have money to save. The purpose of having a track is to make it easier for you to plan how to use your money better.

Yes, you can do investments!

Do your research about low-risk investments, it’s the perfect time to start early to reap maximum benefits. You can explore fixed deposits or other minimal-risk investments. Read and research about investment products that can help boost your returns more quickly than the average savings account.

Healthy lifestyle over a trendy lifestyle

Keep in mind that you need to focus on your own lifestyle, not others’. Keeping up with trends may cost you a large sum of money. Be a smart spender when making big purchases outside of your needs. This is not the time to compare yourself with others. Focus on yourself to build a better financial status.


Although it may seem daunting to navigate “adult life” and new financial responsibilities, the key is to start as early as possible towards a sound financial footing. In general, having a plan and learning as much as you can about these new challenges will make this transition much smoother.