Financial Considerations to Understand as a Student
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If you are college student you may not yet have money problems or issues—but most college students have money issues. It doesnot matter whether you are a “traditional” college student enrolled in college just after high school or a “nontraditional” student returning to school.
Students are having money issues for several reasons:
If you are living away from home for the first time, you may have less experience of sticking to a budget and handling money in general.Because you need more time for studying and other aspects of college life, you have less time to work and make money.Even if you receive financial support from your family, your funds are limited, and you will need to learn to live within a budget.You will have many new expenses including tuition and fees, room and board or housing and food bills, books and supplies, and so on,you may have already learned to manage their money well. Almost everyone facing money issues at college, and they can impact your academic success. But it doesnot have to be this hard. Like other skills, financial skills can be learned, and they have lifelong value.
This section will help you:
- set financial goals
- consider jobs and making money
- learn how to spend less and manage a budget
- avoid credit card debt
- determine how best to finance your college expenses
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