10 Tips When Heading to College
What To Know Financially
College Financing
Since you will be heading to college soon, here are 10 tips to get your financial house in order, and be in control of your financial life
Tip #1 Be in charge of your money
First you must decide your goals
Next Make the plan
Take action to obtain your goal
Tip #2 Get organized
You have to be organized or bank could be a nightmare for you. Put all your information in one spot.
Tip #3 watch out for scholarship scams
To make sure this doesn't happen to you never pay a fee for scholarship money.
Don’t fall for guarantees or claims that someone has information you can’t get anywhere else. Know that legitimate scholarships never charge fees and the application information is available to everyone.
Tip #4 Use loans as last resorts
Loans will be very hard for a student to pay off, especially because of the interest.
Tip #5 Avoid credit cards
Credit card are very easy to use but are very dangerous. Paying off that debt will be hard as a student.
Tip #6 Look for a job on campus
Jobs on campus have lots of advantages, like flexible schedule and you don't have to travel as far.
Tip #7 Save on Snacks
Don't buy things from the vending machine, instead buy snacks at the grocer stores.
Tip #8 Pay the rent on time
If you rent your place, this will build you good credit.
Tip #9 Separate needs from wants
This will decrease unnecessary spendings, and save you money down the road.
Tip #10 Make a budget and stick to it
If you first make a budget, you will be more likely to stick to it.