COLLEGE SUCCESS TIPS
Financial Planning
There is no way around it: college is expensive. If you are lucky, your parents might be helping
out with your tuition. Most of us though, have to pay our own way with the help of financial aid,
loans, scholarships, and work study. In order to keep yourself in good financial shape, practice
the following:
1. Only buy what you can pay for.
While this might seem like a no-brainer, in today’s
world of high-tech gadgets, expensive designer clothing, and exotic spring break
destinations, it is easy to get into the trap of purchasing on credit and paying later on.
This is not a good idea for college students! Remember, if you do not pay off your credit
card every month, you will accrue steep finance charges that will only make it harder
to pay off next month. This vicious cycle can lead to financial ruin if you are not careful!
2. Recognize the difference between things you need and things you only think you
need.
At the beginning of each semester, make a list of the items that you will need to
get through to the next semester. Remember: only the necessities!
List these necessities below:
Item:
Approximate Cost:
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TOTAL:_______________________
EGE SUC ES TIPS
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