Some students start out with a certain amount for a specific period of time but they do not have a plan on how to set back a little of that for later on. All income sources should be taken into consideration and all expenses should be as well. If these funds are budgeted out then there is a much greater possibility that an individual will have enough to last until the next semester or even later. Money management for college students involves making smart decisions on using credit cards, limiting amounts that go for entertainment, and not spending a lot on eating out. "So shall the knowledge of wisdom be unto thy soul: when thou hast found it, then there shall be a reward, and thy expectation shall not be cut off"