Living in Your Own

 What would you choose in your life, living alone or living with parents ?

I would prefer to stay with my parents because I have no income and I do not dare to live alone. Definitely in my life one day I will try to live alone because I do not want to always stay with my parents. When I was forced to live alone, I have made various preparations from now.

My preparation will do from now if I live alone :

1.         Thoughts and Mental

Whenever you feel sad you always tell everything to the parents. but when you live alone you feel do not have someone who can be trusted to share the secret with you. When you want something no parent can be unreliable. To that end, when life itself you should not have to rely on others and learn to be independent.

2.        Prepare a budget

when you live alone, the cost of living is definitely there. for now yau should be able to arrange your finances in order when you pay for your own life is met. you should also measure roughly how much money will you need when living alone.

3.        Location and Place

when you live alone, you have to choose the location and the place, the place and the location is safe, according to your budget, strategic, and not be flooded, close to a certain place, etc. as well as a comfortable place.

My opinion, the way to manage finances when life itself is

1.              Saving

When you live alone, you have to save at least 1/3 of the revenue that you get to save. you can save in a bank or in a piggy bank. According to me, saving money in piggy bank is safer than in the bank for when I saved up in the bank I could still use the money but when I saved my money in my piggy bank, I reluctant to spend money from the piggy bank. Every time you earn income, keep in mind that 1/3 of your income for savings. It will become a habit if you continue to do so.

2.            Budget

when you live alone you have to make a financial budget where the budget to record every expenditure and income. The budget is used to look at financial flows, for 1 month, 1 week, etc. when you create a budget you can reduce spending and increase savings.

3.            Investation

to increase your income, you can invest. for example, you can invest in property or shares. By investing, you can earn extra income. Even with these investments, you can start a business.