Here is a video talking about the importance of budgeting for students. One of the most important things new college students need to learn is how to budget their money. Most college students work all summer inorder to save for the upcoming school year, but how are they supposed to make it last? Here are some suggestions for students to help them budget their money.
- Student should determine their current income and savings status.
- Students should make set goals for paying bills and expenses.
- Students should estimate their monthly spending.
- Understand flexible expenses that can be reduced and eliminated some months.
- Students should think about what expenses are necessary and unnecessary.
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