Venessa Wong on LinkedIn: 5 tips to help college students manage money without racking up… (2024)

Red to Black® Peer Financial Coaching, On college debt, an increase in concern and anxiety surrounding student loan repayments is observed. Most students need to be aware of the loan types they borrowed for a clear picture of the repayment terms and strategy. Taking time to call the loan provider to know loan details, amount borrowed, bill date, interest rates or setting up an online account will help alleviate the stress.

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🎓💸 As college students embark on their academic journeys, avoiding common financial mistakes is key. Here are some frequent mistakes to watch out for:1️⃣ Ignoring Budgeting: Many students overlook the importance of budgeting. Establishing a clear budget helps manage expenses and ensures financial stability. 2️⃣ Credit Card Overspending: Credit cards can be tempting, leading to overspending and accumulating debt. Responsible use and understanding of credit terms are crucial.3️⃣ Neglecting Emergency Funds: Failing to build an emergency fund can leave students vulnerable to unexpected expenses. Prioritize saving for unforeseen circ*mstances.4️⃣ Impulse Spending: Impulsive purchases can quickly add up. Practice mindful spending by distinguishing between needs and wants.5️⃣ Ignoring Student Loans: Some students underestimate the impact of student loans. Stay informed about loan terms, interest rates, and repayment plans.6️⃣ Not Seeking Financial Guidance: Many students avoid seeking financial advice. Utilize campus resources, financial workshops, and online tools to enhance financial literacy.Navigating college finances wisely sets the foundation for a secure financial future. Come talk to us about your money problems https://lnkd.in/geneMhMX💡💰 #FinancialLiteracy #CollegeFinances #BudgetingTips #StudentSuccess #FinancialCounseling #FinancialCoaching #HigherEd ##RedtoBlack, #TTUPFP

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This post-graduation guide can help you handle the impending post-graduation costs, overcome, loan options, and gain financial independence. Please share this with your children, grandchildren, family members and friends who may be facing these concerns this summer. https://bit.ly/3VrQdVeCRN202705-6638953 #graduation #financialindependence #blog #insights

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This post-graduation guide can help you handle the impending post-graduation costs, overcome, loan options, and gain financial independence. Please share this with your children, grandchildren, family members and friends who may be facing these concerns this summer.https://bit.ly/3xxLrNS #graduation #financialindependence #blogCRN202705-6638953

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This year's FAFSA has come with countless challenges and delays for students and families. Did you know the education line of credit offered by Student Choice allows borrowers to apply now, even if they're unsure of the amount they'll need or the college they'll attend? They can return to finalize the process once they know the details. Review the tips we're passing along to students waiting on their financial aid information. https://lnkd.in/e45_ZD9a

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🎓 Thinking about college? It's not just about the degree anymore. ✨➡️ While getting a degree is important, it's equally crucial to focus on financial literacy during your college years. Here's why:Learning about finances alongside your studies empowers you to make smart money decisions and plan for the future. 💰💫 Without financial literacy, you might graduate with hefty student loans and struggle to manage them effectively. Plus, saving for the future could take a backseat.💫 By mastering financial literacy alongside your education, you're not just investing in your knowledge, but also in your financial well-being. It's the key to long-term success and stability.Are you ready to make the most of your college experience? Let's talk about how to set yourself up for financial success! 💫 #FinancialLiteracy #learning

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🎓 𝗧𝗵𝗲 𝟮𝟬𝟮𝟯-𝟮𝟬𝟮𝟰 𝗰𝗼𝗹𝗹𝗲𝗴𝗲 𝗰𝗼𝘀𝘁 𝗱𝗮𝘁𝗮 𝗰𝗼𝗺𝗽𝗹𝗶𝗲𝗱 𝗯𝘆 𝘁𝗵𝗲 𝗖𝗼𝗹𝗹𝗲𝗴𝗲 𝗕𝗼𝗮𝗿𝗱 𝗶𝘀 𝗼𝘂𝘁, and the numbers are shocking! 😱 Amidst these price increases, our College Money Match gives our clients as much information on college costs as possible and steers them towards college providing the most aid or discounts.💸✨🌟 Did you know many families don't pay the full sticker price for college? A net price calculator (available on most college websites) can help you gain insights beyond the sticker shock. College Money Match will help you estimate your loan repayments so you understand the costs of borrowing.💡 With student loan payments back in action and FAFSA changes in place, the need for smarter financial decisions is crucial. Our College Money Match program is your ally in navigating these challenges, which could help you save significant funds. We can help you forecast potential grant aid and estimate your out-of-pocket costs—empowering you to make informed choices allowing you to avoid the heavy financial burden. Learn how it works and how it can transform your college planning journey: https://lnkd.in/ev7--Nsu#CollegeCosts #FinancialPlanning #collegemoneymatch

🎓 𝗧𝗵𝗲 𝟮𝟬𝟮𝟯-𝟮𝟬𝟮𝟰 𝗰𝗼𝗹𝗹𝗲𝗴𝗲 𝗰𝗼𝘀𝘁 𝗱𝗮𝘁𝗮 𝗰𝗼𝗺𝗽𝗹𝗶𝗲𝗱 𝗯𝘆 𝘁𝗵𝗲 𝗖𝗼𝗹𝗹𝗲𝗴𝗲 𝗕𝗼𝗮𝗿𝗱 𝗶𝘀 𝗼𝘂𝘁, and the numbers are shocking! 😱 Amidst these price increases, our College Money Match gives our clients as much information on college costs as possible and steers them towards college providing the most aid or discounts.💸✨🌟 Did you know many families don't pay the full sticker price for college? A net price calculator (available on most college websites) can help you gain insights beyond the sticker shock. College Money Match will help you estimate your loan repayments so you understand the costs of borrowing.💡 With student loan payments back in action and FAFSA changes in place, the need for smarter financial decisions is crucial. Our College Money Match program is your ally in navigating these challenges, which could help you save significant funds. We can help you forecast potential grant aid and estimate your out-of-pocket costs—empowering you to make informed choices allowing you to avoid the heavy financial burden. Learn how it works and how it can transform your college planning journey: https://lnkd.in/gJXA4cAG#CollegeCosts #FinancialPlanning #collegemoneymatch

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This post-graduation guide can help you handle the impending post-graduation costs, overcome, loan options, and gain financial independence. Please share this with your children, grandchildren, family members and friends who may be facing these concerns this summer. https://bit.ly/3VZvrxA #graduation #financialindependence #blog #insights CRN202705-6638953

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This post-graduation guide can help you handle the impending post-graduation costs, overcome, loan options, and gain financial independence. Please share this with your children, grandchildren, family members and friends who may be facing these concerns this summer. https://bit.ly/4coH06M #graduation #financialindependence #blog #insights CRN202705-6638953