University Life: a course in personal finance

Written by Richard Green

Continued from page 1

Some students are finding it so difficult to make ends meet that they are trying to seek alternative means of resolving their debt. ( has shown that thatrepparttar number of students declaring themselves bankrupt tripled in 2004. Another method of reducing graduate debt is gettingrepparttar 143060 loans written off through undergraduate bursary programmes byrepparttar 143061 military or teacher training, in return for agreeing to a placement period following graduation. There are however some potentially serious drawbacks to both types of schemes. These include possible damage to future career prospects or compulsory placement period in a career whichrepparttar 143062 graduate does not want to proceed with long-term.

All is not doom and gloom however, with university authorities andrepparttar 143063 Students’ Union offering advice at college, and after graduation. Public sector organisations likerepparttar 143064 Citizens Advice Bureau ( )can provide advice if real difficulties occur. Speaking directly to your lenders can often resolve problems. Switching between loans and credit cards is a good way to help reduce interest payments. Financial websites like Moneynet ( ) can provide a useful source of information by enabling students and graduates to see which loan or credit card provider is currently offeringrepparttar 143065 best deal and 0% introductory rate.

It seems budgeting and hard decisions are required by all potential students these days, with a degree in personal finance a desirable pre-requisite before starting actual studies.

Richard works in Edinburgh for a media company, occasionally writing for the personal finance blog Cashzilla, and drinking too much coffee.

Money Making – Money Saving Tips for College Students

Written by Linda Correli

Continued from page 1

Here isrepparttar list of more sophisticated jobs which can be of interest to you: - Barista - Bartender - Cafeteria Worker - Tutor - Personal Trainer

Treat your job seriously, but don’t let it absorb all your time and strengths, as your studying is prior to your job atrepparttar 142954 moment. Make it well that in future you won’t get worthy, high-paid job without profound higher education.

The tip I can give you is to estimate realistically your strengths and time. If it comes out that something is odd, quit your job easily and don’t regret about it. However, if you are already working and making your living, not just pocket money, here are some useful tips and hints to help you save your hard-earned bucks:

•Always look for sales and shop only at discount stores. Discipline yourself to buy everything, even small drib – drabs there. Remember to clip coupons and shop on double – coupon days. •Get rid ofrepparttar 142955 habit to eat out too often. It will not only save you money, but also your health, as snack bars mainly serve junk food. So, cook for yourself as much as possible. •Go to matinees instead of evening shows and patronize movie theaters that offer students discounts. •Share an apartment or a house with your friends. After all it is just more fun to share your flat with someone else. The “cheapest” decision is to choose living inrepparttar 142956 dorm. •Try to live without a car if you can. Start leadingrepparttar 142957 healthy way of life. Ride a bike. Anyway it is an excellent way to get your body exercised. •Buy monthly passes for whatever public transit you ride. •Join a credit union. Credit unions frequently offer low – interest loans. •When you want to buy something expensive, always ask yourself: “DO I REALLY NEED IT”? •Learn a saving experience from other people. •Repeat to yourself every morning: “I love money”. Maybe they’ll hear it and come to your hands. Be careful with it. Don’t be too zealous. Beware of mass attacks :-)

Hope that these tips will help you make and save some money while you are in college. Good luck!

Linda Correli is a staff writer of She students write college research papers, term books, admission essays, book report and many other types of writing assignments: from personal statements to professional case studies. For more information and help, please, go to:

    <Back to Page 1 © 2005
Terms of Use