Lack of Budgeting
Does a college student really need to create a budget? You bet! In fact, this is one of the most important times to start budgeting. As a student it’s easy to get complacent when you don’t have a mortgage to pay, kids to feed, or other significant money worries. The problem is that students often have a limited or even sporadic income and if you don’t track this spending carefully it’s easy to waste money on things that you could otherwise save.