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Why it pays for students to learn personal finance

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Many people find that managing money it is too complex and they can't just use common sense and rules of thumb.

Many people find that managing money is too complex and they can't just use common sense and rules of thumb.

PHOTO ILLUSTRATION: UNSPLASH

Ann Carrns

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Mr Sean Karaman, a freshman at the University of Nevada, Las Vegas (UNLV), hadn’t always paid close attention to his credit card spending. But after taking a personal finance course on campus last autumn, he said, he is much more likely to pay as he goes.

“I’ve become best friends with my debit card,” said Mr Karaman, 21.

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