Original Blog Entry: Top 10 Money Mistakes

angelm — Thu, 12 Jun 2008 20:29:18 GMT

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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