1 / 8

Essential Money Tips Every College Student Should Know

Here Are Essential Money Tips Every College Student Should Know. Check out: http://www.flexipay.finance for more info, FlexiPay is a rental / lease facility that helps you easily manage your study budget.<br><br>

amazingtips
Download Presentation

Essential Money Tips Every College Student Should Know

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ESSENTIAL MONEY TIPS EVERY COLLEGE STUDENT SHOULD KNOW

  2. Smart Money Habits o College gives you the opportunity to live independently. o It comes with a price though, and it could take a toll on your finances if you don’t prepare yourself for it. o While you may still be enjoying support from your parents, there is no better time than today to start learning and practicing smart money habits.

  3. Here are few ways how you can manage your finances and make the most out of your college life experience.

  4. Explore Financial Aid Options And make sure to begin your search ahead of time. Find out about scholarship programs universities are offering. Look as well into state tuition assistance programs you may be qualified in. In case you have a passion that you can use to earning scholarship grants, do check with organizations as well. Consider getting a part time job too. If you can rid yourself of the soaring cost of college tuition fees, then that would be a huge help to you and your family. o o o

  5. Create A Budget and Stick To It Planning a budget is one thing. Sticking to it is another. Identify things you need versus things you do not need. If you can live without it or if it is just a want, then you’re better off saving your funds for something else. One strategy you can use is setting aside the money you will need in a week or a month’s time and placing it in an envelope. Once you run out of funds, you will need to wait for the next month. No pulling out of credit cards, no incurring bank charges for withdrawal transactions, and no resorting to borrowing. Track your expenses too so you know where your money is going and so you can cut back on unnecessary spending. o o o

  6. Establish Good Credit o Credit card does not offer you free money, nor does your credit card limit correspond to the amount of purchase you ought to make. o Owning a credit card is a responsibility and how you use it today will surely bear an impact to you tomorrow. o Apply for a credit card but only so you can begin establishing a good credit standing. Use it moderately and only for important purchases. Above all, pay on time.

  7. Take Advantage of Student Discounts and Coupons o Use your student ID to enjoying discounts almost anywhere. Then again, buy only what you need. o Also, clip and use coupons where you can use them for. There’s no reason to feel shy about staying frugal. o After all, it’s a lot better than spending more than you can afford.

  8. Effective Ways o These are only four effective ways how you can manage your finances well while enjoying college. Feel free to share them with your friends or add some more on your list. o Here Are Essential Money Tips Every College Student Should Know. o Check out: www.flexipay.finance for more info, FlexiPay is a rental / lease facility that helps you easily manage your study budget. o

More Related