Money management done in an efficient manner will give option for future investments and secure our financial future. The youth are often the victims of poor money management. Most of the people do not have a proper plan for spending money. Small expenses and hidden expenses are frequently overlooked. But as in the case of money also, many a mickle makes a muckle. While shopping, real needs ought to be identified, met, and unnecessary spending has to be restrained. Any extra money received has to be wisely spent on savings rather than on luxury items. Adequate amount of money should be kept aside in case of an emergency.