40 Tips Poster
Twelve Best Tips for College Students by: Rachel Larrivee
1. Get Organized
Financially organizing yourself will save you time and money in the future. Take a few hours to make or gather records of savings and spendings to prepare you for college life. Some things you will want to organize specifically are bill payments, taxes, insurance, loans, receipts and many more.
2. Protect Your Personal Information
3. Understand Your Financial Aid:
4. Make School Your First Job:
5. Save on Snacks
6. Understand Your Student Loan Obligation
Before taking out a student loan, it is your responsibility to carefully read it and know what you are obligated to do with this money. Most student loans need to be repaid, with interest. So try to choose the best loan that suits you and has the lowest interest rate. Remember that you will have to pay it back so choose carefully!
7. Turn A Hobby Or Skill Into A Money Making Endeavor
Any sort of income is useful in college so be prepared to start up your own little business based off a skill or hobby that you have. This could span anywhere from jewelry making and pet-sitting, to tutoring and car detailing. The power is yours to put yourself out there and become an entrepreneur.
8. Always Pay Rent of Apartment On Time
9. Build A Good Credit
Having good credit and the decisions leading up to your credit can make or break your financial success in life. In fact, these decisions start now. Paying rent and bills on time, paying out loans and not bouncing checks will help you reach a good credit. Good credit will allow you to take out big loans for important things such as a house or cars in the future.