Financial literacy is an essential skill for college students, yet many young adults enter higher education without a solid understanding of money management. As they navigate tuition fees, student loans, and daily expenses, financial knowledge becomes crucial to avoiding debt and building financial security. Unfortunately, many students lack the education and guidance needed to make informed financial decisions, leading to long-term financial struggles. This article explores the importance of financial literacy, the common challenges college students face, and practical steps they can take to improve their financial well-being. Why Financial Literacy Matters Financial literacy refers to the ability to understand and effectively manage personal finances. This includes skills such as budgeting, saving, investing, credit management, and debt repayment. A financially literate student can make informed decisions about their money, ensuring they can meet their short-term and long-term finan...