Choose a good bank with financial advisors and a friendly bank manager.
Find a cheap rental place near college which is not too crappy. Find a trouble-free small second-hand car if possible.
Get second-hand electrical appliances and furniture from graduating students such as fridge, writing table, tv, hair dryers and so on. You will be surprised how cheap it can be.
Get a part-time job which does not require long working hours and night shift work.
Have a rough plan of petty expenses such as groceries, mobile phone bills, movies and other entertainment, petrol (if you have a car) every month, to avoid over-spending.
There are no hard and fast rules but in general make sure you do not get into debts (such as credit cards and student loans). Even if you do, keep it minimal. Good luck.
2006-06-07 03:54:04
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answer #1
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answered by hespy 5
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In a financial sense, always be prepared.
You should have plenty of money in a checking account available to pay for your college expenses, from textbooks, to lab fees. You should also have extra funds to incidentals, from paying your laundry, power bills, cell phone, snacks, and those little emergencies.
Credit cards is a very bad thing to have in college if handled poorly. If you do have to use a credit card, remember to pay it off when your bill comes in, so that you can build a good reputation with your credit card company; if you don't pay your credit, interest will nab you bad!
Lastly, if you are planning to live in an on-campus living facility (residence halls, apartments), consider purchasing a meal plan. It is cheaper per meal than eating out at an on-campus food establishment, and there's no hassle of cooking stuff by yourself. By doing this, if you go broke, at least you won't go starving!
2006-06-07 19:08:46
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answer #2
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answered by Akit 3
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Students have to have enough money to pay for food and rent to move out of their parent's home. That differs by area.
2006-06-07 10:27:44
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answer #3
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answered by redunicorn 7
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A simple solution, or a rule of thumb rather, is that you need to make 3 times what your rent is to be able to pay for bills, gas, food etc.
2006-06-07 10:30:16
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answer #4
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answered by Anonymous
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A steady job, savings and good credit.
2006-06-07 10:28:09
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answer #5
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answered by DELETED ACCOUNT 5
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Money
2006-06-07 10:27:43
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answer #6
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answered by imNangel270 3
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