black scholarhsip money

Freshman year can be overwhelming. Besides living away from your family for the first time and learning campus life, understanding how to spend your funds can be even more stressful. With so many unknowns, cultivating a budget should be your top priority.

Think of your budget as a financial bible to guide you as you purchase items pertinent to your college education.

As your freshman year fly’s by quickly, it will become easier to understand how to allocate funds. Here are some tips to help kick start your financial planning.

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It isn’t necessary to attend every party and event on campus. If you do not have $20 to spare on an entry fee, save your money.

There will be countless of other parties to attend during your collegiate career. Have you met friends that love to shop every weekend? Take a rain check sometimes.

The most important goal here is to avoid spending an unnecessary amount of money, when you know the funds can be placed to better use. (Honestly, as a freshman there is much more fun on campus, geared specifically for you.)

Freshman year is a bonding year, so get to know your class mates and have fun together without breaking the bank.