its very hard to advise unless you list down your expenses.
you don’t need to tell the exact figure, just calculate your total monthly expenses, express it in %, for instance, of all expenses:
40% goes to loan
35% goes to PC stuff
10% goes to leisure
something like that.
then express it as a ratio to income, for instance, out of your salary:
20% goes to loan
17.5% to PC stuff
5% to leisure
3% to utilities
it might be hard to calculate now if you never keep track, but starting today do record/note down your spending in a paper, and one month later do the maths above. by viewing through the stats you may realize which expenses may be unnecessary, which is occupying too much, which drag your account too much, which can be cut, which can be reduce, and balance out your budget from there.
it’s advisable that if possible you should save up at least 10-15% of your salary every month. some can and some cannot but that percentage is really recommended, of course the more the better.
you should always rebalance your account, if your salary is, say $1500 and you spend $1600 this month, you should put a big sign in your room stating “$100 deficit” to remind yourself to save at least $100 next month to balance out.
one important note: you must pay all your necessary expenses first, do not skip your loan, your goal is to finish that loan obligation asap, list out your payment priorities like;
when i get my salary;
- pay loan
- pay rent
- pay utilities
- pay transportation
after paying all those, only then i can spend (or save) the rest of money freely.
motivate yourself with reward too, say, tell yourself “if i can save up $1500 in 6 months, i will reward myself by taking out 30% of those to fund my hobby”. something like that 8)