If this scenario was real life, what will you do to manage your money effectively? Can you afford to live alone? Probably not, so how many roommates do you need to cover your living costs? Will you have to take public transportation, ride your bike, or will you be able to have an automobile? What are some ways that you can effectively cut costs? What are the benefits of having a budget and sticking to it? What does the following statement mean to you, "if you don't control your money, it will control you