FINANCIAL TIPS FOR COLLEGE YOU'VE PROBABLY NEVER HEARD
I unfortunately didn't do all of these, but I did a few. I'm no pro in the financial business BUT I am a 25 year old woman with a bomb credit score, no credit card debt, a very small amount of loans, and a pretty substantial 401k. (I also go on 2 crazy vacations a year) so I hope you take my advice!
- •GET A JOBWOW I cannot stress this enough. Not only will you have somewhat of an income while in school, you're building a resume. When you apply for an internship or an entry level position, they only want to know that you can, say it with me now, WORK. Get a job doing ANYTHING, even if it's just a work study position. (PS 2 jobs is VERY doable)
- •DO NOT GET A CREDIT CARDUnless you're super responsible with money, have an awesome job making tons of money, or your parents force you to have one as an emergency, you should NOT have a credit card in college. A lot of people screw up their credit really bad in college... A credit card is not free money! I didn't get a credit card until I was 24 and 3 months into my full time job in my field. So here's the follow up....
- •DONT SPEND MONEY YOU DO NOT HAVEThis goes with the credit card heading, but it needed to be big and bold. Even if it's your parents money, don't spend just to spend.
- •SAVE FOR A PART OF YOUR TUITIONOne thing I am glad I did in college is save my money for each semesters tuition. Instead of taking out loan after loan after loan, I used the FedLoans I had received and paid out of pocket the rest. If this is doable for you, do it.
- •ONE WORD, SCHOLARSHIPSThere are sooooo many! Some you don't even need to write an essay for, you just apply! So do it! There was a scholarship my friend had that was just promising a 3.5 GPA... Even the smallest amount counts, so go after them all!
- •STIPENDSThere are a lot of programs ran through colleges that offer stipends in exchange for work. AmeriCorps is one... You volunteer with them and get a few thousand bucks toward tuition... SCORE
- •THE AIR FORCELegit. No, I don't mean all military, I mean the Air Force. Sign up, go to basic training, start school ANYWHERE YOU WANT, work for them some weekends (meaning, get paid), and they pay for your college. BOOM, Done. My boyfriend actually did this, he worked as a fuel specialist up until 2 years out of college. The Air Force will not force you to go over seas. Plus, if you come out of college and can't find a job, you still have one with them until you choose to discharge.