An alarming number of people, across all age groups, struggle to manage their finances wisely. This issue becomes even more acute for students—young adults who, after years of their finances being tightly controlled by parents, suddenly face the deceptively appealing financial freedom.

The solution to students’ money problems, mounting debt, and chronic overspending is financial literacy. The following infographic from StudyCorgi highlights key statistics related to students’ financial challenges, such as anxiety over financial insecurity and a lack of basic knowledge about managing personal finances.

You will also discover the benefits of improving financial literacy for students. The infographic covers core principles of financial literacy, including earning, spending, saving, and borrowing money. It also offers actionable strategies to strengthen financial literacy skills and promote more cautious spending habits.

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Financial Literacy 101: A Guide to Smart Money Management

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David Wallace

David Wallace is a search & social media marketer who lives in Ahwatukee Arizona with his lovely wife. Interests & hobbies include all things Disney, roller coasters, musicianship and Christianity.