Quick Wealth Network

What are some really good money management tips for a college student?

I am really horrible at managing my money, and having to be fairly independent in college is not helping the situation. I work to make personal spending money, but I will eventually have to start paying off student loans, plus every so often something important that I have to pay for comes up. How do I handle my paychecks so that I am not blowing them within a week?

Public Comments

1. sit with a piece of paper..& write down all ur usual exp. for a month.then ur source of income...fig.out which all exp can be avoided & which all can be reduced..like phone bills,electricity bills etc.& then recalculate how much u can save...this way it'l help u to save
2. First pay yourself by putting 20% of your check into a saving account "just incase". Really, you should have at least $1,000 in an emergency fund, but do what you can do. Second, make a budget and stick to it. Use the "envelope system" and keep a preset amount of cash in an envelope... when the money is gone for the week/month, so is your spending.
3. Try the following site. Its not an MLM business. Just a few tips... But really helpfull Here is the link http://easy-money-making-tips.blogspot.com
4. if you do what poster numbe one and two do you will solve your problem and develop habits that will last a life time!!!