College Kids Spend a Lot. Word.

Each new day brings a new story or point of view about the cost and value of a college degree and rightly so -- there is no denying the economic crisis that is student loan debt. However, beyond the costs of tuition and books there is discretionary spending by students -- and a lot of it!

Source: apartmentguide.com

Additionally, the vast majority of students have a job (75%) and a credit card (84%)¹ . We’re talking about a lot of consumerism here.

Here’s the good news : a significant amount of spending + a fairly definable universe of expenses + a set amount of income/allowance = the perfect training ground to learn to live in a budget.