Jul 28 2009

What are some really good money management tips for a college student?

I am really horrible at managing my money, and having to be fairly independent in college is not helping the situation. I work to make personal spending money, but I will eventually have to start paying off student loans, plus every so often something important that I have to pay for comes up. How do I handle my paychecks so that I am not blowing them within a week?

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6 Comments on this post

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  1. heysifti said:

    First pay yourself by putting 20% of your check into a saving account "just incase". Really, you should have at least $1,000 in an emergency fund, but do what you can do. Second, make a budget and stick to it. Use the "envelope system" and keep a preset amount of cash in an envelope… when the money is gone for the week/month, so is your spending.

    July 28th, 2009 at 9:20 pm
  2. shweta - said:

    sit with a piece of paper..& write down all ur usual exp. for a month.then ur source of income…fig.out which all exp can be avoided & which all can be reduced..like phone bills,electricity bills etc.& then recalculate how much u can save…this way it’l help u to save

    July 28th, 2009 at 9:20 pm
  3. Tarun said:

    Try the following site. Its not an MLM business.

    Just a few tips… But really helpfull

    Here is the link

    http://easy-money-making-tips.blogspot.com

    July 28th, 2009 at 9:20 pm
  4. ed m said:

    if you do what poster numbe one and two do you will solve your problem and develop habits that will last a life time!!!

    July 28th, 2009 at 9:20 pm
  5. Diether said:

    You need to look for companies that offer services on professional property management to ensure that you will get a nice and economical house for your family.

    August 14th, 2009 at 5:46 am
  6. Deborah said:

    One should ensure that money is invested in a safe scheme to ensure returns.one of the best investments is investment in Property management Business

    October 23rd, 2009 at 12:41 am

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