{"id":467,"date":"2006-08-30T05:00:23","date_gmt":"2006-08-30T12:00:23","guid":{"rendered":"http:\/\/getrichslowly.org\/blog\/2006\/08\/30\/27-money-tips-for-college-students\/"},"modified":"2023-10-04T20:14:52","modified_gmt":"2023-10-05T02:14:52","slug":"27-money-tips-for-college-students","status":"publish","type":"post","link":"https:\/\/www.getrichslowly.org\/27-money-tips-for-college-students\/","title":{"rendered":"27 money tips for college students"},"content":{"rendered":"
School’s back in session, and with it come life-lessons in money management for students. But personal finance can be easy, even if you’re just starting out. You just have to know how it works. All of the following are concepts I wish I had known before heading to college.<\/p>\n
Now that you’re on your own, you might be tempted to spend money on all the things your parents wouldn’t let you have before. Go slow. If you play it smart, you can avoid the sort of money troubles that plague many young adults.<\/p>\n
Some minimal organization will keep your finances in order. Each of these is an important adult financial skill.<\/p>\n
It seems like there are a hundred thing competing for your money. It’s hard to know what to do. Here are some smart ways to save money on campus.<\/p>\n
Take care of yourself. Your mother isn’t around to remind you to brush your teeth. Nobody’s going to scold you for eating three bowls of Cap’n Crunch. Self-discipline is more important now than it ever has been in your life.<\/p>\n
Get in the habit of making smart choices now, and you’ll develop a pattern of behavior that will stand you in good stead the rest of your life.<\/p>\n
I’ve saved the best for last. If you can master even one of these, you’ll have a head-start on your friends. Master all four, and you’ll be on the road to wealth<\/a>. No kidding.<\/p>\n You’re ahead of the game just by reading this list. Now do yourself a favor: subscribe to Get Rich Slowly via RSS<\/a> or via email (see the sidebar). Then go visit I Will Teach You to Be Rich<\/a>. Ramit’s advice is targeted directly at young adults.<\/p>\n Also, if you can find it, pick up a copy of Young Money<\/em><\/a>, a magazine for college students. (Browse the magazine’s archive of money management<\/a> articles online.) Finally, download the free PDF “40 Money Management Tips Every College Freshman Should Know” from Scholarship America<\/a>.<\/p>\n Now stop fretting over money. Get out there and have some fun. I’ll be here when you return.<\/p>\n","protected":false},"excerpt":{"rendered":" School’s back in session, and with it come life-lessons in money management for students. But personal finance can be easy, even if you’re just starting out. You just have to know how it works. All of the following are concepts I wish I had known before heading to college.<\/p>\n Now that you’re on your own, you might be tempted to spend money on all the things your parents wouldn’t let you have before. Go slow. If you play it smart, you can avoid the sort of money troubles that plague many young adults.<\/p>\n\n
Money Management<\/h2>\n