The age of 25 does feel young, doesn't it, maybe most young people spend their time in their early 20s to close to 25 to have fun? Feel the freedom after graduating from college, start a career and earn your own income.
And it feels like you want to continue to appreciate yourself, pamper yourself with all kinds of things you "want." But don't be carried away for too long with a rah-rah lifestyle without controlling finances.
Moving from an ordinary family in the countryside, I migrated to the capital city to continue my education and pursue a career here. Of course, since college, my life has been far from having fun and having fun.
But, it's okay, from all kinds of experiences that I've been through, I've learned to live independently and I'm very grateful, you could say that since graduating from college at the age of 23, I've become financially independent. And at the age of 25, you can start paying in installments for future investments.
So, is it possible to be financially independent at the age of 25? Yes, you can, as long as we are disciplined in managing our lifestyle and finances.
I myself usually apply these things since I was in college.
Seeking Additional Income; Since college, I have been diligently looking for a side job for additional tuition fees, starting from campus event committees, becoming a lecturer assistant, assistant to the Head of Study Program until finally becoming the secretary of the University MSME Institute.
Even after graduating from college and having a permanent job with a monthly salary, I was still diligent in doing side jobs.
Usually I join the crew of the marriage organizer, MC, and since I got to know the world of blogging, I often review brand products and services as a source of my income.
Apart from blogs, I also monetize my social media as a promotional medium. And the income that can be generated as a digital content creator is good enough to increase the coffers of income to meet needs or even save.
Become the MC of the event
Reducing Expenditures; In the early days of pursuing a career, my income was still below the minimum wage, of course I had to be good at managing and spending my finances. Often I have to sort out the types of expenses that I should buy or not depending on the financial adequacy of each month.
Also, usually I will detail the routine or mandatory monthly expenses that must be paid first, then spend on other things. Before shopping, I usually sort my shopping list by priority to buy.
Making Financial Records; Due to financial limitations, of course I have to do detailed financial records, so as not to spend too much money until I run out of money in the middle of the month or at the end of the month right. I routinely make monthly and daily financial records in the exceed table.
First, I will write down a list of routine or mandatory expenses that I must pay at the beginning of each month. Every time I receive a salary from the office I will pay the list first.
After that, I will spend my basic needs and other expenses from the rest of my monthly income. Also, I will record daily expenses or expenses that I do, so that they are recorded properly.
Is there a waste or even as material for evaluating the proportion of monthly spending that I do every month. If we have a record, we will know where our money goes each month, and which part is excessive and needs to be reduced.
Starting Investment; Since graduating from college, I have started investing in property, even though it's the installment method. So, even though we have income below the minimum wage as long as we have targets and goals, make savings and manage our finances wisely, we can still invest. Starting from small or simple, over time we will get used to it and start a bigger investment.
Save; Of course, having savings is something we need to think about from the start. Apart from being unexpected funds, we can also use savings as future funds, both for children's education in the future or provisions for old age when we enter retirement age.
Nowadays, it is very easy to start saving. We don't even need to go to the bank to open a savings account.
For example, we can open a digital BLU by BCA savings account. We only need to download the application either on the Play Store or on the App Store, fill in personal data and verify via videotape call. It's that easy, now's the time to start saving!
