Money Management Tips
Every College Student Should Know
Helpful tips to be smart with your money in college
Get Organized
ways to label files; bill payments, checking account, savings account,taxes,loans,college,receipts,etc.
Use Loans as a last resort
interest rates are high, and loans put you in debt that usually takes years to pay off, you want as little debt as possible
Understand your student loan obligation
before you sign the papers carefully read through it, and make sure you understand when and how much you will be paying
Make School your first job
don't let work interfere with your ability to get good grades, must make sure you have good time management
Look for a job on Campus
a job on campus would mean not traveling far and also they would be more flexible and understanding of your student schedule
save on snacks
buy snacks at a grocery store to stock up, its cheaper than only using the vending machine
resist peer pressure
don't spend money that you don't have even if others are buying more, remember your goals, and budget
separate needs from wants
make sure it is clear what you actually need to survive and what you are getting that isn't really a necessity
plug everyday spending leaks
keep cash in bank not wallet, to avoid brainless spending that will add up in the end
create a budget and stick to it
best way to keep track of your money, know how much is coming in and how much is available to spend
avoid credit card pushers
don't fall into the trap of getting a credit card you don't need, this will make it easier to pile up debt without thinking about it
net worth is not the same as self worth
money isn't everything, make sure you have good people around you in school, and be proud of the way you manage your money