March 27, 2017

4 Tips for managing your money in college

Living on campus is a blast. You get to meet new people, you’re always close to your classes, even on the farthest end of the school, and the essentials of basic living are right at your fingertips. However, at some point, you’ll move off campus. Whether it’s cheaper or you just want the freedom that comes along with your own place, either way you’re going to need to learn how to manage your money so when you do go wild with your paychecks, you don’t feel the hurt as bad. What are a few … [Read more...]

6 Ways to Manage Your College Living Expenses

There is no way around it; college is costly. If you’re like the majority of students, you’re probably not flush with cash when you enroll at your university. Even students with a full-ride scholarship still need to be conscientious about living expenses and other hidden costs. Here are some top tips and tricks — including some ideas about food, transportation, and no contract cell phone plans — to help you save money and budget during college. Follow all of these to earn an “A”! 1) Track … [Read more...]

How to Get Rid of Your Student Loan Burden

Not everyone at university is fortunate enough to have their parents pay for their tuition. For those who don’t have this privilege, there is the option of a student loan. However, student debt incurred by a loan is becoming a serious problem in United States and in other countries. Like millions of American homeowners who found themselves trapped in houses they couldn’t afford, college graduates got entangled into a bubble of their own. Many who took this gamble find themselves burdened with … [Read more...]

5 Ways to Save on College Textbooks

Among the biggest and most important purchases college students make, textbooks top the list of pricey needs. In fact, the U.S. Public Interest Research Group found the average student spends as much as $1,200 each year on books and supplies -- with some books costing as much as $300 alone. This expense has become so great that 65 percent of students opt against buying a textbook, even though they fear their grades will be in jeopardy. There's no reason to risk your GPA to save your budget. … [Read more...]

4 Reasons to Buy a Car Before Graduation

Pretty soon, you can finally exhale as you walk across the stage and receive your degree. One chapter of your life will be closing, but another one will quickly open. But, before the big day arrives, a few arrangements must be made, including transportation. You may have arrived on campus without a ride, but here are four reasons why you don’t want to depart without one. 1. Promotions Galore Automakers have a thing for recent college graduates and love to offer them discounts and promotions. … [Read more...]

5 Money Rules Every Young Adult Should Live By

Before you moved out of your parents' house, managing money probably wasn’t a priority; after all, your parents made sure you were taken care of. Now, it’s up to you to manage the funds from your paycheck to meet your basic needs. If not, you could find yourself hungry or buried in a mountain debt. Here are some financial habits you should grasp sooner than later to achieve financial freedom: 1. Begin with the end in mind If you want to move into a more spacious apartment or trade in that … [Read more...]

Two-Year Degree Options in Lieu of Mounting College Debt

By Chelsy Ranard Furthering your education seems like a positive decision for reaching your career goals. But a college degree can be both a blessing and a hindrance for many graduates. Depending on the industry you're pursuing, a bachelor's degree might not be worth the debt attached to a college education. For those wanting to further their education and follow their passion, looking into an alternative to a four-year-university may be the best option. The Debt Crisis The student loan … [Read more...]

15 Ways You Can Cut College Expenses

College is a rut which can devour your money in an instant and leave you with nothing. Proper money management skills as well as embracing expense reduction techniques will ensure a smooth flow of events during your college life. Here are some tips as to how you can manage your college expenses: 1. Choose community college Commence your education at a community college and then after accomplishing basic courses, you can transfer to a 4-year college which is focused at your specific degree … [Read more...]

About to graduate? Check out these money lessons

The graduation period is all exciting and celebratory. You get congratulations, you party and have fun. Once it subsides, your real world life begins. You get into the job market and start working. You get a taste of professional life. The best part: you start earning. At this point you may be tempted to buy a house, a car, spend irrationally on your wardrobe, start using your credit cards, neglect insurance coverage, and so on. You are looking forward to an exciting, new lifestyle. These are … [Read more...]

Surprise! You’re Broke: 4 Common Hidden College Expenses and Ways to Avoid The Void

There's more to budgeting for a higher education than covering tuition and housing. Even if you've accounted for items such as books and have a plan to borrow or buy them used, the bucks don't stop there. There are dozens of hidden extras that can drain your funds before you've even completed a semester. You could easily fill a short book with anecdotes revealing the surprising and unexpected ways a college student's funds can be depleted. Here are the most common ways college can cost you more, … [Read more...]