I suggest beginning with budget planning based on your expected income and fixed expenditures. Plan to put at least 1/2 of what you earn into savings. Remember that you are not a bank for your friends and redirect them to other choices for a short-term loan (such as their parents). It is important to reserve some money to have in your pocket for entertainment (e.g. movies or dinner with friends). If your "soft" money is leftover at the end of the week, or month, you may transfer the "bonus" into savings. Set goals and monitor your progress in achieving your goals. It is important to learn to recognize your "wants" from your "needs". "Wants" come from your "soft" money. Also, it is important to say "no" to friends and even to yourself at times. Focus on your desire to become independent, not on the fear of not ever having enough money to buy a car or get an apartment. Some create a vision board as a daily reminder of goals with photos of the car you hope to have one day along with other dreams. Good luck in learning about your personal financial management.