Financial management handbook for students

For many young people, entering a university lecture hall is their first taste of independence, managing and taking responsibility for their own lives, including money. Not all students, however, are lucky enough to be equipped with basic money management skills at home, and the majority of pre-university education programs do not offer classes on the subject.

Thus, an autonomous living experience filled with numerous problems and temptations can become a "trap" for young students who lack life experience, prompting them to slip into financial and debt-related difficulties, a lack of future savings, a lack of an emergency fund, the inability to obtain insurance when needed, or even worse, fraud and undesirable behaviorOn the other hand, a student who develops early personal financial management skills can be proactive with his or her spending, since he or she is no longer under financial stress, resulting in increased relationship confidence, social interactions, and daily life. Even after they graduate and land their ideal career, that knowledge and abilities will accompany and effectively support this student in managing and stabilizing personal finances.

To assist students in their personal financial management journeys, the "Students' Financial Management Handbook" will discuss common financial challenges encountered by students and offer insight and advice on how to manage their finances. Financial principles for problem solving, important messaging, and activities applicable to each student's situation. The authors believe that the book will serve as a reliable and valuable companion for each student as they seek self-control, independence, and financial sustainability throughout their lecture hall years and throughout the school year. the return route.

To provide students with the practical information and skills necessary to manage their own finances efficiently, the Handbook will cover several key issues relevant to financial management for students, including the following:

  • Chapter 1: Why do students need to understand financial management?
  • Chapter 2: What are the financial aims of the student?
  • Chapter 3: How should students manage their finances?
  • Chapter 4: What are the typical sources of money for students?
  • Chapter 5: How to handle spending and borrowing successfully
  • Chapter 6: How should students save and invest their money?
  • Chapter 7: Should students get insurance while enrolled in school?
  • Chapter 8: What does it take to land a solid job after graduation?

Each chapter is divided into four fundamental sections: Case studies, Financial Knowledge, Critical Messages, and Financial Management Practices.

Financial Management Handbook for Students is a document that educates and informs university and college students about finance. This is one of the collaboration initiatives between the Vietnam Personal Finance Network and the project "Cooperation with Savings Banks to create microfinance networks in the Vietnam, Laos, and Myanmar areas," which is financed by the German Savings Banks' Foundation for International Cooperation (Sparkassenstiftung for International Corporation). Dr. Dinh Thi Thanh Van, VNU University of Economics and Business is the leader of the editorial team.

 

Editorial team:

Dr. Dinh Thi Thanh Van (Team Leader), MSc. Pham The Thanh, MSc. Phung Thi Thu Huong, MSc. Hoang Hong Hanh, MSc. Vuong Thi Tinh, MSc. Nguyen Thu Giang, Pham Hien Dung, Nguyen Van Bao

Publication year: 2021

Publisher: Thanh nien Publishing House

Number of pages: 138

Book size: 20.5 x 20.5 cm

>> Click here to see the title in Vietnamese.

Minh Tuan (Tran.)

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