College life is among the most fun, adventurous, and memorable phases in one’s life. It is an exciting time filled with a whole lot of new experiences, where making mistakes and learning from them marks yet another crucial step in your young adult life. Leading a life of financial independence should be a primary goal for all individuals, and this journey begins as a college student. Managing personal finances at this stage may be pretty challenging, but doing it right is highly rewarding in the long run.