Comments on: Reader Q&A: Three Skills to Master in College? https://eliteedgemoney.com/what-personal-finance-skills-master-college/ Money | Minimalism | Mohawks Tue, 03 Sep 2013 17:43:53 +0000 hourly 1 https://wordpress.org/?v=7.0 By: J. Money https://eliteedgemoney.com/what-personal-finance-skills-master-college/#comment-125608 Tue, 03 Sep 2013 17:43:53 +0000 https://staging.eliteedgemoney.com/?p=35480#comment-125608 In reply to Aimee.

Thx for helping Aimee :)

We believe in you Cassi!! Being in debt will only be a phase and you’ll be out and rewarded with the fruits of your labor in no time! (Man I sound like a “dad”, sorry :))

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By: J. Money https://eliteedgemoney.com/what-personal-finance-skills-master-college/#comment-125607 Tue, 03 Sep 2013 17:42:22 +0000 https://staging.eliteedgemoney.com/?p=35480#comment-125607 In reply to Mark Ross.

Oh yeah. The 3 I mastered myself :) Great ones.

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By: J. Money https://eliteedgemoney.com/what-personal-finance-skills-master-college/#comment-125606 Tue, 03 Sep 2013 17:41:54 +0000 https://staging.eliteedgemoney.com/?p=35480#comment-125606 In reply to GB @ In Budgets We Trust.

Great ones :) Esp the quad/lawn idea – one of my favorite things to do back in the day!!

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By: Aimee https://eliteedgemoney.com/what-personal-finance-skills-master-college/#comment-125562 Mon, 02 Sep 2013 19:34:26 +0000 https://staging.eliteedgemoney.com/?p=35480#comment-125562 In reply to Cassi.

Hi Cassi!

I love your planning! You may be aware of this, but there may be federal loans available that don’t accrue interest while you’re in school. While debt is no fun, you could take on modest interest-free debt for the first 2 bills and factor paying these off before they’re due into your plan. I say these loans “may” be available because I’m not 100% savvy on how the federal student loans changed recently. The ones I have from years ago were interest free until I graduated. I’d say look into the federal loans so you know how to go about getting them if you have to.

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By: Cassi https://eliteedgemoney.com/what-personal-finance-skills-master-college/#comment-125546 Sun, 01 Sep 2013 20:38:54 +0000 https://staging.eliteedgemoney.com/?p=35480#comment-125546 I started college a week ago! Right now I’m freaking out about how I am going to pay off the $4000 bill my college wants from me by November, and then again in the spring. I have a plan for every year after that, I just need to get over this bump in the road first. Reading all the comments is amazing! I will figure out how to get past this. I’m determined to!

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By: Mark Ross https://eliteedgemoney.com/what-personal-finance-skills-master-college/#comment-125542 Sun, 01 Sep 2013 14:27:29 +0000 https://staging.eliteedgemoney.com/?p=35480#comment-125542 I’m in college now, so the the three challenges/things I want to achieve are as follow:

1. To pass and to graduate
2. To save money for my life after college
3. To have fun

Simple, right? :)

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By: GB @ In Budgets We Trust https://eliteedgemoney.com/what-personal-finance-skills-master-college/#comment-125540 Sun, 01 Sep 2013 06:59:28 +0000 https://staging.eliteedgemoney.com/?p=35480#comment-125540 This reader is on point, which is really refreshing. For college students, I’d recommend:

1. Mastering YOLO / FOMO syndrome. Not every outing or quintessential experience has to be expensive. Spending an afternoon on the lawn/quad or even a house party can be just as awesome as heading out to a bar.
2. Live with roommates before AND after college. Just because you’re able to afford a place on your own doesn’t meant that’s the best use of your money. If you’re rdnting, it’s paramount to a lost investment.
3. Buy a used car instead of a new car…and don’t finance above your means. You’ll easily save thousands of dollars by buying used, but know your budget and safe monthly payments before you even start looking. Also, if you live in a city with decent public transportation, nix the car entirely because you’ll likely pay more to park and maintain it than you would on gas every month. Search for services like ZipCar that will let you affordably rent and drop off vehicles when you need it.

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By: J. Money https://eliteedgemoney.com/what-personal-finance-skills-master-college/#comment-125527 Sat, 31 Aug 2013 13:48:38 +0000 https://staging.eliteedgemoney.com/?p=35480#comment-125527 In reply to EL @ MoneyWatch101.com.

YES 100% to internships!! Whether paid or not. Best way to learn and get experience right away in the “real” world. Great addition.

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By: J. Money https://eliteedgemoney.com/what-personal-finance-skills-master-college/#comment-125526 Sat, 31 Aug 2013 13:47:48 +0000 https://staging.eliteedgemoney.com/?p=35480#comment-125526 In reply to The College Investor.

I’d imagine #1 would be hard to do though while IN college ;) Unless you hustle your ass off outside of classes and all the activities/clubs/networking/parties which I wouldn’t personally suggest. A side job to help w/ money is def. good, but might be a lot maxing out hours to graduate w/ no debt.

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By: J. Money https://eliteedgemoney.com/what-personal-finance-skills-master-college/#comment-125525 Sat, 31 Aug 2013 13:44:02 +0000 https://staging.eliteedgemoney.com/?p=35480#comment-125525 In reply to Debt Blag.

Great tips!

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