Posts Tagged ‘financial aid’
1. Be wary of opening too many credit cards.
2. Use apps like Mint.com and You Need a Budget to track your spending habits.
3. If you have student loans, make sure you understand all the terms of the loan, including how much you owe and when.
4. Pay your bills on time to avoid incurring any penalties.
5. Set your priorities of what are necessities and what are luxuries.
6. Meet with your Everest student finance planner to help set a budget.
- Be careful with your credit card. On one hand, it’s good to start building credit history. On the other hand, credit spending can quickly spiral out of control.
- Create a budget and stick to it. Find out how much you make and then how much you spend per month. Of your spending, figure out what is necessary and what is luxury (Sorry, no matter how you spin it, beer is not a necessity).
- Save early and often. Even if you put just a little away at a time, it can help you out a lot down the road.
- Borrow as little as possible. In addition to loans, there are many scholarships and grants available to all types of students. If you do have to borrow, make sure you understand all costs and terms before agreeing to anything.
- Use coupons. Sites like Groupon offer great deals that can save you money.
- Use technology to your advantage. You can get alerts for credit cards, bank accounts and other payments to help stay on top of it. This way, you can avoid unnecessary late fees.