The good news about your college finances is that you won’t have a heck of a lot of cash coming in, so, there’s not a lot to budget going out. If you use a little common sense and educate yourself even moderately, you will be able to manage your college money without a hitch. Read more …
Beware the devil incarnate disguised as a credit card: If you don’t have a spare dime in your pocket, that’s still not a good reason to apply for a credit card. Avoid college credit card debt at all costs. There are hundreds of reasons why, but this is a good start: Studies indicate that the combination of student loans and credit card debt sets the typical college student back as much as $30,000 when he or she graduates. Now, if that won’t add pressure to your day-to-day life, what will? Read more …
The best way to manage your student finances is to get a grip on them straight out of the chute, as a college freshman. If you wait until your senior year, odds are, you’ll be so deep in student credit card debt and college education repayments, you will never see the light of day in the world of financial freedom. Set goals for your personal finances and develop a workable student budget immediately. In doing so, you’ll learn to curb your college spending habits and maybe even save a little money. As the saying goes, “If you don’t control your finances, your finances will control you.” Read more …
