There is no doubt that everyone needs money these days. And you will never get through life without having money. But, once you start making money, do you really know how to manage money? Unfortunately very few people know how to manage their finances. So to help you out we will give you some managing money tips and advice. One of the first things you need to do when managing your money is to keep faithful records of everything that you spend your money on. The obvious ones are your rent and car payments, but you should keep records of all of your extra spending like entertainment, clothing and other non-essential or low priority expenses. After that you need to set priorities on your spending. For instance, you should not be spending money on dining out if you don’t have enough money to pay off your credit card balance every month. Learning these managing money tips will get you started on the road to financial freedom.