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April 23, 2024, 8:31 pm
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Top 10 Money Mistakes
Published:
Top 10 Money Mistakes
Making poor credit card choices
� Don�t be fooled by campus solicitations
� Read the fine print
� Pay off the balance each month
Spending money due to peer pressure
� Focus on campus activities with food and t-shirts
� Stick to the meal plan
� Rent movies, campus movies, matinees
Not setting a budget
� Plan ahead, know how much money you can spend each month
Not seeking out the best bank rates
� Research banks with free checking and savings accounts
Overpaying for school
� Select a smaller meal plan
� Choose a less expensive apartment or residence hall
� Buy and sell used books to friends or the bookstore
Not keeping track of bank account balances
� Balance your checking accounts
Lending money to friends
� This includes picking up tabs
Failing to research product pricing before purchasing
Not planning for the future
� Money invested in retirement funds will grow with interest
� Getting started early will pay off later
Not having a part-time job
� Earn extra money and prepare for life after college
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