Students with robust money management skills are better able to handle unexpected costs, evaluate job offers wisely, and plan for long-term aspirations like advanced education, travel, or entrepreneurship. | Photo: iStock/ Getty Images In a world dominated by digital payments, easy access to credit, and rising education costs, financial wellness has become a vital life skill for students. Many young people enter higher education lacking basic financial knowledge, often unprepared to manage expenses, loans, or savings. This knowledge gap can lead to poor money management, resulting in stress, long-term debt, and a decline in academic performance. For students, gaining financial literacy is an investment in self-reliance and stability, creating opportunities for independence and career readiness. Students with robust money management skills are better able to handle unexpected costs, evaluate job offers wisely, and plan for long-term aspirations like advanced education, travel, or entrepreneurship. For educators, embedding financial wellness in higher education is both a responsibility and an opportunity. Teaching practical financial skills alongside academic content ensures that students graduate not just career-ready, but life-ready as well. To discuss the topic, The Hindu will host a webinar, ‘Managing money: What students, young professionals need to know’, on March 14, 2026 at 5:00 p.m. Register now for free to ask questions and interact with the panellists. The three best questions will receive a free online subscription to The Hindu. (For any feedback or suggestions, reach out to us at education@thehindu.co.in) Published – March 09, 2026 01:11 pm IST Share this: Click to share on WhatsApp (Opens in new window) WhatsApp Click to share on Facebook (Opens in new window) Facebook Click to share on Threads (Opens in new window) Threads Click to share on X (Opens in new window) X Click to share on Telegram (Opens in new window) Telegram Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to email a link to a friend (Opens in new window) Email More Click to print (Opens in new window) Print Click to share on Reddit (Opens in new window) Reddit Click to share on Tumblr (Opens in new window) Tumblr Click to share on Pocket (Opens in new window) Pocket Click to share on Mastodon (Opens in new window) Mastodon Click to share on Nextdoor (Opens in new window) Nextdoor Click to share on Bluesky (Opens in new window) Bluesky Like this:Like Loading... Post navigation Kerala private sector nurses’ strike disrupts hospital services in Kozhikode Four killed as bikes collide at Nedumangad in Kerala