1. Have a budget
One of the big problems that people have with their money is the lack of a decent budget. Having a budget isn't a big task that requires hours of work, especially if it's just your personal finances. Your budget can simply be a rough estimate of how much you hope to spend within a month. You might choose to start each month by creating a budget for that one month; however, you might want to plan ahead and create a budget for the entire year. Businesses usually plan much further ahead, and some will even have budgets for the next five or so years since this can help greatly with planning. Once you've created your budget, don't stray from the figures which you've given yourself, since overspending causes many problems.
2. Avoid debt
While loans and debt might seem a great option at the time of financial struggle, it's not the best way to go in the long term. Remember that any money you borrow needs to be repaid along with interest, which is usually very high, especially if you choose payday loan companies or other short term loan firms. Instead of deciding to borrow a little bit of money or just have that one credit card for a few months, avoid debt altogether. Don't fall into the trap of taking out credit cards because you can get zero credit for a year, and definitely stay away from short term loans. Getting into large amount of debt can lead to all kinds of problems, and even if you choose the option of consolidating debt, this carries many issues and problems which you won't be able to get away from.
3. Always be realistic
Always be realistic about how much money you can spend and how much money you are earning. Don't go out on a shopping spree every time it's pay day, and never assume that you're being paid more than you actually are. Too many people like to think they have more spare cash than they really have, and that's why so many people end up unknowingly entering their overdraft and having to pay money back to the bank once the next pay day rolls around.
4. Get into the habit of saving
Saving isn't something that many people can do easily, although it's something that we'd all like to do more of in general. Having some money saved for a rainy day can help to prevent many problems with your finances, and many people feel much more secure knowing that they have a lump of cash saved for emergencies. Start off by setting a small amount that you need to save each week or each month, and try to stick to that. If you're finding that it's quite easy for you to save this amount, increase it to something larger yet realistic. Don't force yourself to save more money than you can afford, but save as much as you comfortably can. When you discover that you need some extra cash, you'll have some ready to use!