10 Money Management Tips
For College Students
1. Take charge of your life-and money!
2. Keep looking for financial aid.
3. Use loans as a last resort.
4. Make school your first job.
Of all the jobs you will ever have, school is certainly the most important. Many college students have jobs to help pay their tuition and other bills. However, do not expend too much energy on your job and let your schoolwork slide. Doing well in college will lead to better jobs in the future.
5. Turn a hobby or skill into a money making endeavor.
Do you have any special skills? If you are good with kids, know how to sew, or are knowledgeable in subjects others may need help with, you could turn these skills into some serious cash. Making money this way offers more flexibility and the opportunity to further develop skills in areas you are interested in.
6. Take time now to prepare for your career.
Starting planning for your future career as soon as possible! Get a solid resume, research companies with jobs you are interested in, and decide what kind of salary you want and what positions would offer that.
7. Plug everyday spending leaks.
8. Separate needs from wants.
9. Get into the savings habit.
"There are only two sources of money in this world: people at work and money at work." If you want to do well, work hard, and then make your money work for you. With enough self discipline, you can teach yourself how to be wise with your money and save accordingly.