2. The Reality Check
Let's face it. College and University students spend a lot of
money. From tuition to textbooks, to having a life, your kids
will need a lot of cash for their post-secondary education.
From British Columbia, studies have shown that student
graduates with a university degree will likely have up to
$20,000 in debt. One of the best ways the Students can
learn to avoid debt is to save where you can during the
school year. Here are some tips for students to help them
stretch their savings during the school year.
3. Start A Syllabus For Spending
One of the biggest mistakes young people make is spending money
without any pre-planning. You map out your classes for the year,
you plan your spring break road trip, you consider what you will
wear for a party that friday night.. To successfully arrive at the end,
you've got to have a plan to get there from the beginning. Figure out
how much money you have, what's necessary, what's a luxury, and
then budget how much you need to stay afloat over the year. When
it comes to phone services, one way to avoid sinking you budget is
by choosing a provider that offers unlimited add-ons for features you
may use a lot, like text and long-distance, so your wallet may seem
more flexible.
4. Concluding
With these new tips and advice of inspiration, students from University’s of British Columbia can now
put them into action, save money, and live a healthier debt-free life.
