40 Money Management Tips Every College Student Should Know
by Efin Advisor | November 19, 2009
The average student who graduates from high school today is at a financial disadvantage. We’re not talking about money. This deficit is a lack of financial knowledge. So many young adults lack basic skills in the management of personal financial affairs. Many are unable to balance a checkbook and most simply have no insight into the basic survival principles involved with earning, spending, saving and investing.
The Jump$tart Coalition for Personal Financial Literacy is fighting back. The organization offers a Clearinghouse whose aim is to identify high-quality personal finance materials for educational use. Once you find material of interest, you can either download it for free or order it directly from the source. Teachers are encouraged to use these personal finance teaching materials to support their state’s standards in economics, business, math and family and consumer science.
“40 MONEY MANAGEMENT TIPS EVERY COLLEGE STUDENT SHOULD KNOW” helps students get organized and offers tips on financial aid, checking accounts, spending plans, dorms and apartments, savings, jobs and debt. A single copy may be downloaded from the website. Download it here
What financial advice do you have for today’s college student?
With state schools, like the California university system, raising tuition by 20%, students will have to be more frugal than ever. Thanks for the tips! A whopping 16Mb download!
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The debt load students are being asked to assume is astounding! Until we, as a society, make education more affordable we will lose our next generation of engineers, scientists, teachers and other professionals.
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Let’s allow students to earn “loan forgiveness” by dedicating their first two years to the public and social good. That might include apprenticeships with different industries where the few available jobs these days actually exist!
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