Off to College?

It’s getting close! A few more weeks and you may be off to your first year in college. College is a time of new experiences – new friends, new faces, new responsibilities and new money issues. Here are some tips to help you manage your money:
1. Know Your Budget!
Knowing how much your income and expenses are is really important. You may have a part time job or you may receive a monthly allowance from your parents, either way, it is important
2. Be Economical
College life can be expensive, so save money where you can. Start out by searching for coupons, these can be really helpful when it comes to buying groceries or eating out . Also, buy your textbooks used, borrow books or check them out from the library.
3. Find Out What’s Free
Universities are well known for free or low cost events. They can be both fun and entertaining, and you may even meet some new friends. You may also want to consider joining a club or organization, which insures you will always have something to do and someone to do it with.
4. Choosing a Credit Card
A credit card is a great financial tool. At the same time, it is a big responsibility. If you don't use it carefully, you may owe more than you can repay, damage your credit rating, and create credit problems for yourself that can be difficult to undo. Chances are your mail is full of solicitations from credit card issuers. Check with America First Credit Union to find the right credit card for you.
5. Value Your Education
Obtaining a college education will require sacrifice on your part. It will be well worth it. It is well known that college graduates earn more in their lifetime than someone without a degree. Giving up some now, will definitely payoff later.

Off you go! If you have questions about managing your college finances, turn to America First Credit Union for help. Near or far, we are always here to help you out with money!