Posted on March - 29 - 2010
Saving For College – Start Today!
If you’re a high school senior, then for a while now and over the next few months, you’re going to be seeing and hearing a lot about the cost of college. From student loans to scholarships, it can be a lot to take in. While paying for tuition, housing fees, etc. is obviously top priority, don’t forget that you are going to want to have a little extra spending money as well, especially if you’re planning to move away from home and live on campus.
Freshman year at college is a great opportunity to learn the value of a dollar and take your first few steps into the real world. If you’re not sure if you will have a job in college, you might be a little worried about walking around with an empty wallet, and that’s why you should start saving today.
Living on campus can be costly and so you should take precautions now to build up a nice little nest egg by the time the fall rolls around. Here are some easy ways to do that:
1. Open a savings account. Lets say you have a part time job that pays $150/week. If you could place $50 of that into savings, by September 1, you will have $1,000 saved up, with possibly a few extra bucks interest. Over the spring and summer, look for ways to continue feeding that account, from allowance money to high school graduation gifts.
2. Win scholarships. If you have access to a computer, you have access to tens of thousands of dollars in scholarship money available to high school seniors coast to coast. Simply visit ScholarshipPoints.com, where you can earn points for a chance to win scholarship money just by reading blog posts and completing activities. In fact, just for reading this blog post, we’ll give you 15 points to get started. Simply visit that link and enter the code: SAVENOW.
3. Find a student credit card. Now is as good a time as any to get your first credit card. Think of the expenses you pay for regularly – gas money, cell phone bill, going to the movies. If you pay for these with a credit card, and pay them off each month, you can not only begin to grow a credit score, but you can often get cash back savings and reward points. Get started with your credit card today!
Similar Posts:
- How to Save a Small Fortune in College, Part 2
- This Summer, Give Yourself Some Credit
- Things NOT to Spend Money on in College
- Improve Your Credit Score
- The Secret Benefits of Paying More than your Minimum
