Why is it important to manage finances?

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.

Duuh - how will you know how much money you have to spend on dope, booze & women

to be able to gain wealth properly

2 prepare u for life and 2 know wat kind of fiancial situation u are in