6 Tips on How to Spend Money in College
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May 24, 2018
Graduation completed? Check!
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ATM card for college! What? Get an ATM card?
Before you leave for college, you need to learn how to handle money. Here are 6 tips for you to consider as you prepare to go off to college in the fall.
- Open a bank account NOW and get an ATM card (if you don’t already have one). Make it a joint account (you and a parent.) That way you can get money quickly if you need it when away from home (in college).
- Learn how to check your bank balance from your phone. It is a good practice to check your bank balance before you get gas or stop by Starbucks, to be sure you have money in the bank for your purchase.
- Learn how to deposit checks. New technology allows you to deposit checks right from your phone. Great for those graduation checks you will receive.
- Create a budget. It is essential to have a spending plan. Know how much money you will have each month from your financial aid or from parents. With your parents, create a realistic...
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