As a young adult, it is important to learn how to spend money wisely. Here are a few tips to help you get started:

1. Establish a budget and stick to it.

Creating and following a budget is one of the best ways to learn how to manage your money. Start by tracking your expenses for a month to get a sense of where your money is going. Then, create a budget that allocates a specific amount of money to each category, such as rent, groceries, and entertainment. be sure to leave some room in your budget for unexpected expenses.

2. Make a plan for your future.

It’s important to have a plan for your future and save for retirement. Start by setting aside money each month into a savings account. This will help you ensure that you have enough money saved up for retirement.

3. Live within your means.

It’s important to live within your means and not overspend. One way to do this is to only buy what you can afford. Another way to stay within your budget is to avoid credit card debt. Credit card debt can quickly spiral out of control, so it’s important to avoid it if possible.

4. Invest in yourself.

One of the best ways to spend your money wisely is to invest in yourself. This can include things like taking classes to improve your skills, buying books to learn new things, or attending conferences to learn from experts in your field.

5. Be mindful of your spending.

Finally, be mindful of your spending and make sure that you are getting the most for your money. This includes shopping around for the best deals and being selective about what you buy. Cut back on your spending and look for ways to reduce your expenses, and earn extra income. Also invest in assets that will protect you from the impacts of inflation.

6. Use your money to make you happy.

One of the best ways to use your money is to make yourself happy. Invest in things that make you happy, such as a new piece of jewelry, a new outfit, a weekend getaway, or perhaps go visit your dream destination and country you have been savings for. 

7. Give back.

One of the best things you can do with your money is to give back. Donate to your favorite charity, or invest in a cause that is important to you.

Do whatever you can to save or earn more money, and invest in assets that will protect you from the impacts of inflation.