Students who are studying in institutions of higher education, comprising mostly teenagers

that’s entering the adult world . At this stage, they must be smart and always strive to equip
themselves with various skills to turn themselves into an individuals who are able to face
the challenges of life is by becoming more challenging. This includes training themselves to
be wise in managing finances to ensure they are protected from the harmful results that
could arise due to impact channel financial resources. Efficient financial management and
systematic is extremely important and should be practiced by everyone to ensure that
financial resources owned are not used for things that are not beneficial. Most of the
students studying in higher education institutions get money for loans or scholarships.
Therefore, they should make careful planning to ensure the money is used in the best way
and can cover expenses during their studies. On the other hand, if they fail to use the
money in the right way, then they will be plagued by financial problems that may affect
their studies.

All forms of funding students either scholarship or loan is to cover all forms of their
expenses, such as tuition fees, books and educational materials, expenses for food and
drink, accommodation, clothing, telecommunications and so on. After some of the money
used to pay the debts of study, a large number of students at the University spend the
remaining scholarships or loans received before the semester ended. In fact, Students need
to make proper financial planning carefully so as to cover expenses until the semester
ended. Review by Frank et. Al. (2008) shows many young people such as students tend to
spend their income quickly to personal needs and thus ignore the need for their personal
savings. On the other hand, if a student failed in managing the sources of financing granted,
they had to make part-time work in order to earn money. This resulted in the lacking of
concentration during the lectures as a result of not enough sleep or skipping classes . They
also will not have the free time to be with family and friends because they are busy working
and completing assignments.

Finances with the right techniques can help overcome financial difficulties faced by
individuals every individual must thrift, cut your coat according to your cloth, do not expect
anything beyond the capabilities of our purchasing power. If you could not afford , leave
expensive things instead revert to affordable and have an acceptable quality. Buy according
to the requirements, surely we will appreciate the value for money that we have, and use it
for purposes that are reasonable. Make plans carefully before buying, avoid wasteful
attitude, spoiled when buying, as if a supermarket to be explored, like purchased all