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  Our opinions are our own. Here is a list of   our partners   and   here's how we make money . What is money management, exactly? It’s a plan for your money so you can make the most of it. This plan typically involves budgeting and saving money, avoiding or reducing debt and investing in your future. If learning how to manage your money sounds intimidating or stressful, take it one step at a time. Below are money management tips to help you gain control and, more importantly, peace of mind. How to manage your money 1. Take inventory of your finances 2. Build a money management blueprint 3. Make the most of your savings 4. Be persistent 1. Take inventory of your finances Money management is about more than making the math work out. It’s about adjusting your mindset, too. Take a mental inventory of your current position. Are you consistently overspending? Do you have enough saved up to survive an unexpected expense? Do you live paycheck to paycheck? Do you feel ove...