When you are single and working, it might seem like you have a ton of disposable income available. But if you don’t spend that money wisely, you could find yourself swimming in debt without a whole lot to show for all the work you put in.

Being single means a lot of different things for you financially, but most of all, it means flexibility. And when you have flexibility with your finances, there are a ton of avenues that are open to you. Here are a few things that you can do to manage your money when you are single.

Work Through Your Debt

Debt is one of the biggest hindrances on the finances of singles out there. This is primarily through student loans which are becoming a huge problem in this country. When you can pay off your debt early on, you can move the money you spend there onto savings for other things.

The key here is to make sure that you are using a reasonable pay schedule. Don’t stretch yourself too thin because then life will be miserable. Pay what you are comfortable paying so that you can get that debt under control.

Learn How to Save and Invest

There are so many ways that you can save money. Be smarter about the way that you spend money and try to hit certain savings goals with each paycheck. This lets you stick to a schedule and specific goals, which keep you on track for saving the money you want to save.

Investing is huge, too. Saving money is great, but when you can get it to work for you, there is the opportunity to make money on the money that you have been saving. This can go a long way towards investment goals that you have set.