Scholarship News

Credit Cards Are Not Magic and Other Money Management Tips


June 23, 2011
by Radha Jhatakia

Managing money is difficult for many people, not just college students! I’ve been taught to save every penny and paying for school myself has been the biggest reason but friends of mine who haven’t struggled as much don’t have the same outlook. For them, credit cards are magic and their parents are instant money taps.

Managing money is difficult for many people, not just college students! I’ve been taught to save every penny and paying for school myself has been the biggest reason but friends of mine who haven’t struggled as much don’t have the same outlook. For them, credit cards are magic and their parents are instant money taps.

My best friend is the reason I’m writing this article. She struggles with money but I don’t understand why. She’s been working since she was 16, her parents pay for school and bought her a car yet she doesn’t have a single dime saved! Ever hear the phrase “A penny saved is a penny earned?” I’m guessing she hasn’t but it’s true. Gaining a dollar doesn’t mean you have to spend it because in the future, you may not have that dollar. Here are a few more tips:

Having bad credit now may not matter to you but it will affect you in the future when you apply for home loans and car insurance. Be wise, spend wise and look up the rule of 72.

Radha Jhatakia is a communications major who will be transferring to San Jose State University this fall. She’s had some ups and downs in school and many obstacles to face; these challenges – plus support from family, friends and cat – have only made Radha stronger and have given her the experience to help others with the same issues. In her spare time, she enjoys writing, reading, cooking, sewing and designing. A social butterfly, Radha hopes to work in public relations and marketing upon graduation.

Getting more college financial aid doesn’t have to be a relentless search. Scholarships.com is totally free. Connect with our massive database of millions of college scholarships at any time by searching for awards in a variety of ways. Scholarships.com offers the quickest and easiest way to search for, apply to, and win college scholarships. Start making your college education affordable or perhaps even free, by conducting a free college scholarship search at Scholarships.com.

Discuss

Share your thoughts and perhaps thousands of students will benefit from your unique insight on the subject!



If you can read this, don't touch the following fields


 
When you apply to a college, it is important to consider not just what you’ll include in your application but also when you’ll submit it. About 450 colleges offer Early Decision applications, and for many schools their Early Decision deadline is November 1st. How does Early Decision work, and how has the coronavirus impacted it?

Early Decision Deadlines Around the Corner

October 27, 2020 2:28 PM
by Izzy Hall
When you apply to a college, it is important to consider not just what you’ll include in your application but also when you’ll submit it. About 450 colleges offer Early Decision applications, and for
At Scholarships.com, we help students find scholarships to pay for college tuition. But what if you didn’t have to pay tuition? There are a handful of schools in the U.S. that are tuition-free, meaning that while students may have to pay for room and board or meal plans, they do not have to pay tuition to attend the college. On the flip side, tuition-free schools may require students to work alongside their studies or, for military academies, to enlist upon graduation.

Free College? Check Out These Tuition-Free Schools!

October 15, 2020 2:34 PM
by Izzy Hall
At Scholarships.com, we help students find scholarships to pay for college tuition. But what if you didn’t have to pay tuition? There are a handful of schools in the U.S. that are tuition-free,
Rap artist Megan Thee Stallion has partnered with Amazon Music’s Rap Rotation to launch the “Don’t Stop” $10,000 scholarship. Megan Thee Stallion, who has had two #1 hits just this year, wants to honor all women who “don’t stop working hard” even through tough times to complete their education. The scholarship is open to all women of color around the world who are currently enrolled at an institution of higher education and are seeking an associates, bachelor’s or graduate degree in any discipline. Two winners will receive $10,000 each. A college student herself, Megan Thee Stallion is passionate about the “transformative power of education” and advocates on behalf of all women pursuing college degrees.

Check out Megan Thee Stallion’s New Scholarship!

October 9, 2020 3:23 PM
by Izzy Hall
Rap artist Megan Thee Stallion has partnered with Amazon Music’s Rap Rotation to launch the “Don’t Stop” $10,000 scholarship. Megan Thee Stallion, who has had two #1 hits just this year, wants to