Everybody needs to know how to manage money and to make it grow. Knowing what to do with your money helps you manage your income and expenses throughout your life.
CashCourse.org is a student financial literacy resource provided by the National Endowment for Financial Education. This non-profit foundation has been around for more than 30 years and is committed to educating Americans on a broad range of financial topics and empowering them to make positive and sound decisions to reach their financial goals. CashCourse.org serves as a great resource for students as it speaks to many of the common financial pitfalls they may encounter during their college years.
Some things to consider:
- Live like a college student, keeping luxuries to a minimum now so that you won’t have to live like a college student later.
- Only borrow what you need to cover college expenses such as tuition, room and board, and books.
- Be aware of how much you have borrowed in student loans and what the estimated monthly payments will be.
- Check the National Student Loan Data System (NSLDS) to make sure the loan amounts reported match my records.
Student Debt Guide - Your key to understanding different types of loans.