Well hello to you my reader chums! I'm not a money expert in any way, however, I am someone in my twenties who has always been very money-conscious. Being good with money can sometimes seem impossible, especially if you're on a low income or have big monthly expenses to consider. But with small changes and routines, implementing sensible money techniques can benefit you immensely.

If you're trying to be better with money, here are my money-saving tips and how to be financially responsible in your twenties.

Break down your income every month

Spreadsheets are a winner when planning out finances and saving money. Start a spreadsheet and list out your monthly expenses, including bills, subscriptions, the food shop, a 'fun' budget, savings and whatever else you spend your money on. When you lay out how much everything costs per month, you'll see what's left of your income to put in the savings pot and what's disposable income, adding to your 'fun' budget.

Live under your means

With today's society and everyone living this 'perfect' and over-consumption life online, it can almost seem like we constantly need to buy new things, go to expensive places and be busy 24/7. However, that's not the case, underconsumption is most people's reality and saving up for things they really want. With that in mind, always live under your means - don't aim to spend all of your money each month. Instead, aim to have money left over that you can put towards something you want, save or invest. You won't get any richer or more financially secure if you're always spending all of your income. I can assure you that sacrificing material items and putting that money in other places, will do you the world of good in the long run.

Avoid buying anything on finance 

This may be a controversial one as many people opt for finance options, especially for cars, furniture and even online shopping. But I've always grown up with the mentality, that if it's not in my bank account, I can't have it. That mindset has made it easier for me to avoid debt and save, save, save until I can buy items outright. This often meant when it came to cars, for example, I'd always buy a cheap second-hand one, rather than a flashy new one. Second-hand buying is a great way to buy quality items for a discount on the price and can avoid any potential debts.

Only buy a 'want' item if you have the money

This next point links to my previous one - if you don't have the money in your bank account for a 'want' item, avoid buying it. You don't need it, it's not a necessity - and instead, save until you can afford it.

Put savings away as soon as you're paid

This links to the monthly spreadsheet point. When you get paid, put a set amount in your savings, ensuring you put something in it. Your savings amount can differ, even if it's as little as £50, it'll add up eventually. Then, at the end of the month, if you have any money left, add that into the pot too.

Create savings goals

Goals are key to saving as much as you like. I'm not saying your goals need to be massive, they can start small at first, but having a set amount will give you something to aim for - and if they're for reasons too. For example, if you're planning a holiday or looking to buy a car, having a set monthly amount and an overall goal, will give you actionable steps to meet it.

Create an emergency fund

An emergency fund is so crucial as you never know when you'll need it, whether replacing an appliance in your house or fixing your car. I'd recommend having at least 3 months' worth of expenses in your savings, in case you lose your job or something unexpected happens. It can be difficult to save for an emergency fund and again, add this as part of your savings goals.

I hope you enjoyed this post. What other tips would you add?

Thank you for reading <3