The college days are considered to the best days of a person’s life. This is a vital too. But usually, the students take too serious to make their life more happy and happening and spend lots of money too. Due to too much spending, the students pile up lots of credits as well. That is why money management is as important for the students as for any other person, therefore, they must consider planning and spending money in the right way. There are many reasons for the students to manage their money and they can do a few things to manage their money which will not only help them reduce the credit but also the saved money can be used as an investment in future.