Money
We all love it, we all need it, and we all want more and more of it everyday!
The biggest problem that happens with our money when we get it, is that we usually spend it (sometimes all of it). Then we have to work to make up what we lost when we could've added to the numbers we already had.
Everyone's guilty for doing this, so never feel bad or disappointed in yourself about how you manage your finances.
First Banks gives a 5-Tip Money Saving article to help, not only young adults, but college students and young business owners. (There is also some tricks on how you can gain money while your in school, too).
Tip 1 - You want to make a budget for yourself. As a college student, budget out how much your willing to spend and save for the week. Also think about what your money is going to go towards. If something doesn't meet your budget, and you MUST have it/go to it, then you need to plan out how your going to earn your money back. This same thing can go for those who aren't in school or own a business as well.
Tip 2 - Saving and Investing is your best friend! By making a creative money jar to store a few dollars, you can easily see how big of an impact saving can do for your finances. For people who aren't into actually "saving" cash, just simply open up a savings account. This can be very helpful because some bank accounts will actually charge you to withdraw money from your savings account. Try and use your budget (like we talked about in Tip 1) to plan how much money you're going to put into your savings for the month. When it comes to investing, there are some great apps that can assist you with learning how to invest and managing it.
- Acorns
- Stash
- Clink
- Robinhood
- Fundrise
To find out more about the other three tips, check out First Bank's article here .
Are you interested in finding out ways to make money while your in college?
Here's a video by Adrienne Hill on how to make and budget your money with "side hustles" and smart strategizing while your in college.
We all love it, we all need it, and we all want more and more of it everyday!
The biggest problem that happens with our money when we get it, is that we usually spend it (sometimes all of it). Then we have to work to make up what we lost when we could've added to the numbers we already had.
Everyone's guilty for doing this, so never feel bad or disappointed in yourself about how you manage your finances.
First Banks gives a 5-Tip Money Saving article to help, not only young adults, but college students and young business owners. (There is also some tricks on how you can gain money while your in school, too).
Tip 1 - You want to make a budget for yourself. As a college student, budget out how much your willing to spend and save for the week. Also think about what your money is going to go towards. If something doesn't meet your budget, and you MUST have it/go to it, then you need to plan out how your going to earn your money back. This same thing can go for those who aren't in school or own a business as well.
Tip 2 - Saving and Investing is your best friend! By making a creative money jar to store a few dollars, you can easily see how big of an impact saving can do for your finances. For people who aren't into actually "saving" cash, just simply open up a savings account. This can be very helpful because some bank accounts will actually charge you to withdraw money from your savings account. Try and use your budget (like we talked about in Tip 1) to plan how much money you're going to put into your savings for the month. When it comes to investing, there are some great apps that can assist you with learning how to invest and managing it.
- Acorns
- Stash
- Clink
- Robinhood
- Fundrise
To find out more about the other three tips, check out First Bank's article here .
Are you interested in finding out ways to make money while your in college?
Here's a video by Adrienne Hill on how to make and budget your money with "side hustles" and smart strategizing while your in college.
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