College Money Management from The Simple Dollar

by Lindsay on February 25, 2008

Personal finance blog The Simple Dollar is one of my favorites, and Trent delivered a great article on how to save money in college. The amount of income you get in grad school 133498854_2f3bd5ee90is very similar in college, so I thought I would share the main points:

    1. Take studies seriously–you are paying so much for school, that screwing around will be wasting your education.
    2. Take advantage of other opportunities–join in on activities that will help build your resume.
    3. Live as poor as you can–the less you spend, the less money you will owe later.
    4. Use a credit card only for buying books, and pay the bill immediately–then you get the benefit of using a card, but not the debt.
    5. Seek a job related to your major, even if they pay is low–my unpaid internship is what got me a job at a newspaper, which is what got me the job at the publishing company. Never underestimate the experience you will get!
    6. Minimize your debt–debt will only hurt your future instead of help it.

Read the full article here.

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