Does anyone have any financial tips in college?
#college
2 answers
Ken’s Answer
Too many people spend way too much money on college. Here are some tips that will help.
It really does not matter what school you attend, as the most important factors are how well you do with the school work, which is an indication to an employer about what kind of employee you will be, and the effort that you put forth in your networking to set up networking connections that will help you throughout your education/career journey. Here is an important video for you to watch: ## http://www.ted.com/talks/julie_lythcott_haims_how_to_raise_successful_kids_without_over_parenting?utm_campaign=social&utm_medium=referral&utm_source=facebook.com&utm_content=talk&utm_term=education ##
Here are some good tips on how to reduce college costs: ## http://www.educationplanner.org/students/paying-for-school/ways-to-pay/reduce-college-costs.shtml
A very important thing to do early on is to develop a clear career focus, so that you can concentrate on the classes necessary to prepare you for your career. Also, this focus will allow you to meet and get to know others who are involved in the same area, so that you can see what they are doing, see how they got there, and see what advice and suggestions that they might have.
Getting to know yourself and how your personality traits relate to people involved in various career opportunities is very important in your decision making process. During my many years in Human Resources and College Recruiting, I ran across too many students who had skipped this very important step and ended up in a job situation which for which they were not well suited. Selecting a career area is like buying a pair of shoes. First you have to be properly fitted for the correct size, and then you need to try on and walk in the various shoe options to determine which is fits the best and is most comfortable for you to wear. Following are some important steps which I developed during my career which have been helpful to many .
Ken recommends the following next steps:
Tamara’s Answer
As far as saving money for college, I have found that starting at a local community college can help reduce costs significantly. You can even start classes in high school at most colleges to fast track. Many state colleges work with the community colleges to work on transfer programs so you are not having to take a class twice. Transfer can be expensive. Make sure you consult with a college counselor and set a plan. Having a prescriptive plan will make sure you stay on track.
If you can, I would also recommend living with roommates or at home as long as possible to reduce rent and utilities, as well as trying to find a part time job. Make sure this does not interfere with your study time and grades.
Finally, reduce your expenditures of luxury. For instance, reduce the amount of times you go out to eat rather than cooking at home.
Hope these tips help out!