Lessons Its All About the Money Money Money Deciding On A College 101 You Want Me To Go Where Some More About the Money What About Free Money Homework What better way to combat these stereotypes than working your way through school at a public university graduating with ID: 770513
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Lessons It’s All About the Money, Money, Money Deciding On A College 101 You Want Me To Go Where? Some More About the MoneyWhat About Free Money?
Homework
What better way to combat these stereotypes than working your way through school at a public university, graduating with no debt.
Unfortunately, you have to be careful with working and how it affects your financial aid package
Remember that 50% of your child’s earnings over $3,000 per year is subtracted off of the financial aid package
Working during college will not hurt your kid’s grades !
Turn some of that wasted time into productive time with a job !
As stated earlier, it also will have more of an impression on most employers that you worked to prove that you have a work ethic and good time management skills
Basically, have your student start working about 20 hours per week and then they can adjust up or down from there
Let’s not forget working 40 (or much more) hours per week during the summer
The idea that college is so stressful that a student should never have to work a job is ludicrous.
Definitely talk with the office that handles assigning work study and see if you can get something that will help build experience and/or networking in your field.
Caddying:
Caddying: Bartending:
Caddying: Bartending: Personal Training:
Caddying: Bartending: Personal Training:Selling on Ebay :
Caddying: Bartending: Personal Training:Selling on Ebay : Delivering Newspapers:
Beware of rip-off scam “ job opportunities” that people post ads about on campus
STAY AWAY from multi -level marketing
Some of the biggest corporations ( Facebook , Microsoft) were started by full time college students
Doing freelance work for a website is a great way to build up a portfolio and make a little extra money
Textbooks are a total rip-off because they update them every couple of years
Move off of campus as soon as possible
College is the perfect time to start a Roth IRA.
Look over your tuition bill for “optional fees”
The average college student in 2009 graduated with $3,173 in credit card debt.
More than half of undergrads have 4 or more cards
Only 17% pay off their balance each month
A college student does not need a credit card.
Parents should never co -sign a loan!
Do NOT get a car loan.
The college years ar e a time to build a foundation for your financial future: any form of debt will make that foundation extremely weak!