Question

Write an essay on '' How students spend reasonably and economically for their future''.

The essay must not exceed 2,000 Characters in length.

Answer 1

Being a student before you spend on anything you should know the financial status of conditions where you are standing right now that is very much important there are various points that will mention in the essay that can be said how to spend reasonably and economically for the future by the students.

1. Students must learn to track the expenses efficiently and effectively what they are spending and how much their spending and possibly make a plan for the future have some saving of money after your face expenses that can be redirected to the goals most important for you.

2. Students can try to follow 3 R principal which can be applied to your finances that is reduce reuse recycle reuse the things rather than replace the items try to be e not so expensive and think of the time to replace it than to reuse it.

3. There is a term need vs want so I was a student it should ask themselves that to I need this before purchasing anything it is very much important for finances.

4. now one of the most important thing is that students must have personal balance sheet for calculating the assets checking saving account investment account household belongings or some other real estate maybe they are having so these are all very much important for future.

5. Now as a student you must thing of securing your retirement savings plans review your allocations of assets insurance coverage so all these methods are very much important and this will show how to spend economically and reasonable for the future aspects you can also start some emergency you or opportunity fund.