Money is any good that is widely accepted in exchange of goods and services,
as well as payment of debts. Most people will confuse the definition of money
with other things, like income, wealth, and credit.
Basically as a student , I will spend more of my money in buying books, stationery and other things that related to the study. In addition, I will also used it to photostat notes or slides for my own references. Other than that, I used the money to buy food other than spend it to buy books. Basically I'm going to make a budget so I do not waste the money to buy unnecessary items. When they are making a budget, I can distinguish the goods and the need to avoid buying items that are not helpful.
Make spending budget is the most important thing in managing expenses and my finances. I will make a list of items to enable me to identify the beneficial goods and vice versa.
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