The Reality of College Independence: Managing Time, Money, and Responsibilities

Embracing Freedom – Sort Of

By Sarika Waikar May 21, 2025
The Reality of College Independence

When I first got to the University of Michigan, I was ready for the independence. No curfews, no one asking where I was going, and finally being in charge of my own schedule – it all sounded like freedom. And for the most part, it is. But what no one really talks about enough is how much work that freedom actually takes sometimes.

Independence in college isn’t just about late-night study sessions and doing laundry whenever you feel like it. It’s about juggling a lot: your time, money, and responsibilities, and learning how to stay afloat when everything feels like it’s moving way too fast.

Time: The Constant Battle

Time management is probably the largest learning curve. Between classes, club meetings, jobs, or internships, and actually finding time to, you know, live your life, it’s easy to feel overwhelmed.

I’ve personally learned that Google Calendar is my best friend. I have to plan everything – when I’m going to write that paper, when I’ll get groceries, even when I can realistically take a nap. There’s this pressure to always be doing something productive, and while I’ve gotten better at prioritizing and understanding that you don’t have to be constantly doing something, it’s definitely a learning process.

And some days, that “process” includes ordering takeout and watching Netflix because I’m just too exhausted to do much else. And that’s OK too. I’ve learned that balance and moderation are the keys to everything.

Learning To Budget (and Still Have a Life)

Managing finances as a college student is… a bit humbling. Between tuition, textbooks, rent, and all the random expenses that pop up (like that $40 I somehow spent at Target last weekend), budgeting becomes an essential skill.

I’ve become that person who often checks their bank account before grabbing a matcha, and honestly, I wish I’d learned basic budgeting earlier. I’m constantly balancing between “treat yourself” and “do I really need this?” The answer is usually no, but sometimes yes, because mental health matters, and sometimes that overpriced latte is what gets you through the day.

The Responsibilities No One Warned Us About

Responsibility doesn’t just mean academic deadlines or paying bills, it’s quite emotional and personal too. It’s learning how to advocate for yourself, ask for help, and take care of your mental and physical health. It’s figuring out how to navigate roommate conflicts, family expectations, and the weird in-between of being an adult but still not totally feeling like one.

The truth is, no one really has it all together, even if it looks that way on Instagram or LinkedIn.

Still Figuring It Out — And That’s OK

College independence is empowering, but it’s also messy, imperfect, and incredibly rewarding. I’ve grown more in these past few years than I ever thought possible – not just academically, but as a person. So if you’re still figuring it out (like me), just know that you’re not alone. We’re all continuously learning as we go.

S. Waikar
Sarika Waikar

Sarika Waikar is a current senior majoring in communication and media with minors in entrepreneurship and environment. She is from Evanston, IL (just north of Chicago!) and was a global ethics intern at Deloitte this past summer. At U-M, she's president of her entrepreneurship fraternity, SEPi, a research assistant for the Department of Communication and Media, and a teacher's assistant at Towsley Children House. She loves travel adventures, exploring Ann Arbor, cooking new dishes, and hanging out with friends!