What is money? According to the Cambridge Dictionary, money is defined as “coins or notes used to buy things.” In other words, money is something we can exchange for things we wanted. We use the money every day for our daily consumption of food, gasoline, utilities and any other subscriptions. As for students studying at a college or university, they need to be aware of their finances to avoid depleting their wallets and savings. So to answer the question “how to manage your money as a student?” This essay discusses several methods for managing students' money wisely. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an Original Essay First, students can manage their money by creating a budget that includes everything. Students must indicate the source of their income, such as parental allowance, part-time employment, study loans or any scholarships. Then they can come up with an estimate of expenses for a week or month, including expenses such as food, travel, school supplies and laundry. This way, they will have a better idea of ​​the amount of their monthly expenses. There are also apps like Mint and Spendee to help them keep tabs on how much they spend online by linking their bank account to these apps. At the end of each month, a summary of the amount of monthly expenses will be displayed on these applications. On the other hand, students can use spreadsheets to record their expenses if they prefer the conventional method. However, students must spend according to the budget planned in advance, otherwise it would be ineffective. Additionally, students can minimize the amount of expenses to manage their money effectively. Instead of buying new, students can opt for second-hand items to reduce their expenses. Students can purchase school supplies like books from their elder or from specific websites that sell used textbooks. Additionally, students can save money if they prepare their own meals, in addition to enjoying healthier foods. They can shop at a reasonable price in a nearby supermarket and serve their own meals. For those who are new to cooking, there are various simple and easy recipes on the Internet. Additionally, students can reduce their costs by knowing about student discounts. Some products or services, such as movie tickets and books, offer a student price and students can enjoy a day without disturbing their wallet. Additionally, students need to control their spending habits to manage their money. The key to managing money is differentiating between what you need and what you want. They should restrict their desire to buy unnecessary and luxurious items. They can select products with a lower price rather than the most expensive item displayed in the store. For example, a student is looking for a phone, rather than the latest iPhone which costs much more than other phones, he can buy a cheaper phone with study-friendly specifications. Additionally, the student should think twice before purchasing and compare prices between different stores to get the most reasonable price. Thus, saving money along the way. From another perspective, why should students manage their money wisely? THE.