08/30/2012 10:28 am ET | Updated Nov 16, 2012

Budgeting Tips: How To Manage Your Money Freshman Year Of College

By Sierra Tishgart

The good news about starting college: you have more control over your life! But this power also comes with responsibility, especially when it comes to your finances. Even if you're not supporting yourself (thanks, Mom and Dad!), you need to be smart about managing money while you experience your newfound independence. The monetary behaviors you instate now will carry through to your adult life. According to financial expert Alexa von Tobel, the average college senior graduates with $4,000 in credit card debt, not to mention $30,000 in student debt.

We asked her and other experts about what you can do to establish an easy, practical plan for spending and saving. Click through the slideshow below for their top tips!

How To Manage Your Money In College