Don't show me this message again✕ ✕Close Related Video: Why Recent College Graduates Are Moving Back to Their Hometowns The new college year is fast approaching and a whole new generation of students will be beginning an exciting chapter of their lives. No matter what your academic choices are, college is an excellent time to learn one of the most important lessons of your life – how to take control of your own finances. While good grades in college may set you up for a prosperous and fulfilling career, learning about money as a young adult can make a big difference later in life. It can also help ease the next big transition down the line – from graduation to starting a career.