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.
2. If you Want it, Save for It
Many freshman can quickly become attracted to campus organizations and the events that are held. For example, if you know for a fact you desire to enter a pageant, please understand that pageants cost money. Many pageant contestant’s will attest that their participation not only took commitment, but also required funding.
Again, save your money for events such as these, so that you are prepared.
