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How to Manage Your Money As a Student
Manage episode 358838411 series 3211547
Το περιεχόμενο παρέχεται από το Brandon Burket. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Brandon Burket ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
Thank you for listening in today! Check the show notes below to view a recap of this episode.
Show Notes
Why is money management important? The habits you develop now are the habits you will carry with you for the rest of your life.
Why should you trust me? I've survived my first year of college having come away with more money than when I started (I didn't even work)!
Step One: Get a job and determine schedule (how many hours you will work per week)
Step Two: Budget your income (I personally recommend a free app called EveryDollar to do this)
Substep: Budget a percentage for living expenses (rent, room and board, meals, etc.)
Substep: Budget a percentage for savings (this amount is NOT to be touched!)
Substep: Budget a percentage for college fund (put a certain amount aside each month and watch that fund grow!)
Substep: Budget a percentage for spending (remember to pay yourself, aka, invest in yourself by improving your learning and talents)
Step Three: Make an emergency fund ($500 minimum, you can go higher depending on what assets you have and what may go wrong with them)
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