Why is it important to manage finances?

Thanks to all of you =)

Public Comments

1. 2 prepare u for life and 2 know wat kind of fiancial situation u are in
2. to be able to gain wealth properly
3. Duuh - how will you know how much money you have to spend on dope, booze & women
4. If you don't manage your credit card debt your credit score could suffer. Without a good credit score and a stable job you just can't get a loan. Where are you going to live for the rest of your life? This will affect your ability to buy a house, get a car loan, go to the school of your choice, etc.