1, Advantages: Budgeting can help college students spend more rationally and avoid blind consumption. By making a reasonable budget plan, college students can make clear their own needs and economic situation, arrange the expenditure amount reasonably, and avoid excessive economic pressure caused by excessive consumption.

2. Disadvantages: The budget will make college students feel bound, limit the power to freely control funds, and limit their ability to satisfy their own desires and inspirations, thus reducing the quality of life.