BANGALORE: Unfortunately, personal finance has not yet become a required subject in high school or college, so you might be fairly clueless about how to manage your money when you're out in the real world for the first time. If you think that understanding personal finance is way above your head, though, you're wrong.

All it takes to get started on the right path is the willingness to do a little reading - you don't even need to be particularly good at math. To get started, have a look at seven of the most important things to understand about money if you want to live a comfortable and prosperous life:

1. Think About Your Values

Sometimes it is hard for students to care about money while they are in college. However, by focusing on today rather than tomorrow, you can cause many future problems. How do you fix this? Think about your values and why you came to school. Adding some perspective to your spending will help you understand why money should matter right now.