Studying finance and economics, makes me excited and curious about theories, definitions, calculations etc.. As a student I have to know every single point about this science but instead of using them, just knowing how they are working in markets do not make sense for me. There is a really successful American girl blogging approximately every day in her web page called My Pennies My thoughts. I’m reading her posts and she is forcing me about to observe my budget and use my money “logically”. We need to know how much are we spending entire year. I’m not independent about money because still I’m living with my parents and I don’t have any idea about house expenses but she KNOWS them! I strongly recommend you to read her blog posts and “just like me” you should start to determine your cash flows every single day. Also you can use personal finance packages to observe your spendings and expenses.