Graduating from school without a boat load of debt can be tough, but it is not impossible. Here are some of the tips and tricks I learned in school that helped me escape debt-free. There will be points of difficulty, and eventually the most dedicated saver throws up his arms, sighs, and sifts his credit card from his back pocket. That's okay; just be aware that habits like these, if relied upon too often, can strap you with a significant financial burden after you graduate. Observe your weaknesses, but focus on building your strengths.
Goals are important in every area of your life from academics to weekly achievements: finances are no exception, especially in college. For most students, the four years they commit to college are several of the most financially stressful and demanding years of their lives. Money is tight in college, and that is why saving something is more important than ever. Your college years will be chock full of expenses that you didn't anticipate. Having even a few hundred dollars in the bank can ease your level of stress significantly, and allow you the flexibility of which you would not otherwise have the luxury. For myself, I created a three bucket rule that worked well.
You've established a plan that works for you, stick to it even during the dry spells. A budget can only reward you if you adhere to it.
One of the best parts about saving money is the possibility of giving yourself unexpected and delightful rewards. If you have budgeted successfully, there should be at least a little bit of money that can be played with. My girlfriends and I decided that our extra cash would be allotted for post break-up presents. Every time a boy got left behind, we acquired a new piece of jewelry or article of clothing. Nothing like a little bling to lift the break-up blues!
Latest College & Financial Aid News
June 18, 2019
Harvard revoked more admissions offers - this time involving 10 students who participated in a Facebook group called "Harvard memes for horny bourgeois teens." Jokes about abusing children and the Holocaust and insulting comments about different racial and ethnic groups were found in the group, according to Inside Higher Ed.
Earlier this month, Harvard also rescinded an admission offer to Kyle Kashuv who, when he was 16 years old, used inflammatory and racist language, including the N-word, right before the Parkland shooting at his school, Stoneman Douglas High School. The shootings have since "changed him and made him more mature," he claims. Kashuv became famous for his conservatism, pro-gun and pro-Trump activism which he believes, represent a different view on how to prevent future, like tragedies.
In a recent Twitter post, he apologized for his past comments and stated that, "We were 16-year-olds making idiotic comments, using callous and inflammatory language in an effort to be as extreme and shocking as possible...I'm embarrassed by it, but I want to be clear that the comments I made are not indicative of who I am or who I've become in the years since." Shortly thereafter, Harvard looked into his case and eventually revoked his admissions offer. Though university personnel appreciate his "candor and expressions of regret," Harvard "takes seriously" the "qualities of maturity" and of "character" of the students it admits. Despite appealing the revocation, Kashuv was turned down. In his defense, Kashuv argues that, "throughout its history, Harvard's faculty has included slave owners, segregationists, bigots and anti-Semites. If Harvard is suggesting that growth isn't possible and that our past defines our future, then Harvard is an inherently racist institution. But I don't believe that. I believe that institutions and people can grow. I've said that repeatedly." In your opinion, should Kashuv have had his admissions offer revoked based on something he did when he was 16? Why or why not? [...]
June 11, 2019
A Wiccan Professor at St. Bonaventure sued the university and her alma mater for discrimination, alleging that she was not allowed to advance in her career because she is a woman and a witch. The reported discrimination began around Halloween in 2011, after she was asked to conduct an interview about her Wiccan beliefs with the university's student TV station, SBU-TV. [...]
June 6, 2019
In honor of LGBTQ Pride Month this June, Scholarships.com is recognizing the success of, and providing financial aid resources to the lesbian, gay, bi-sexual, transgender, and queer community and its allies through featured LGBTQ scholarships. These colorful LGBTQ scholarships are not only intended for those who identify as LBTQ or are questioning, but are available to LGBTQ parents and allies, as well. Below is a preview of LGBTQ scholarships that were created to provide economic mobility and equality for LGBTQ students and allies who may face unique challenges on their educational journeys. For even more LGBTQ scholarships, Parent LGBTQ scholarships or LGBTQ Ally scholarships, visit here. [...]