Cost of Living On Campus vs Off Campus: Breakdown
Choosing where to live during college can be one of the most significant decisions you make. You may find yourself weighing the cost of living on campus versus off campus. Each option has its own advantages and disadvantages, shaping not only your finances but also your overall college experience. I often tell students that understanding […]
Frugal Living Tips from College Graduates
As college tuition and living expenses continue to rise, many students find themselves seeking creative ways to save money. I often remind students that frugal living isn’t just about cutting costs; it’s about making informed choices that align with their values and goals. Graduates from various backgrounds have shared their experiences and strategies for living […]
Pros and Cons of Taking a Gap Year (Financially Speaking)
Taking a gap year has become increasingly popular in recent years, especially among high school graduates looking to pause their academic journey before diving into college. While this choice can offer unique experiences and valuable life lessons, financial implications are crucial to consider. I often tell students that understanding the pros and cons of taking […]
How to Plan for Graduate School Finances Early
Embarking on the journey to graduate school is an exciting yet challenging endeavor. For many students, the prospect of advanced education opens doors to new opportunities and career advancements. However, as I often tell students, planning for graduate school finances early can mean the difference between thriving and merely surviving. The financial landscape of graduate […]
Understanding Your Student Paycheck: Taxes and Deductions
As college students step into the workforce, they often find themselves facing a new reality: managing their own finances. This includes understanding their paycheck, which can be a daunting task if you’re not familiar with taxes and deductions. I often tell students that grasping how their paycheck is calculated is essential for effective budgeting and […]
Navigating Financial Independence: Managing Money Away from Home
Stepping into financial independence is a thrilling yet daunting experience for many students. As I often tell my students, managing money while living away from home can feel like walking a tightrope—balancing between budgeting, saving, and enjoying the newfound freedom. I’ve worked with students from various backgrounds, each with unique challenges and successes, and I’ve […]
Emergency Fund for Students: Why and How to Start One
As an educational advisor, I often tell students that financial security is a cornerstone of a successful college experience. One of the best ways to ensure this security is by establishing an emergency fund. Many students underestimate the importance of having savings set aside for unexpected expenses. Whether it’s a car repair, a medical bill, […]
How to Split Finances Fairly with Roommates
Sharing living space with roommates is a rite of passage for many students. While the experience can be fun and enriching, it often comes with its own set of financial challenges. I often tell students that navigating finances fairly with roommates is crucial for maintaining both harmony and financial stability in shared living arrangements. In […]
Should You Buy a Car in College? Budget Considerations
As college students navigate their academic journeys, a question that often comes up is whether buying a car is a wise decision. While the independence and convenience of having a vehicle can be appealing, it’s essential to weigh the financial implications carefully. I often tell students that every financial decision should align with their long-term […]
Minimalist Living in College: Save Money and Space
Living on a college budget can feel overwhelming, especially when it comes to balancing finances and space. But what if I told you that embracing minimalist living could help you tackle both challenges? I often tell students that adopting a minimalist lifestyle not only saves money but also reduces stress. As a college advisor, I […]