What are you most passionate about? What is it that you'd like to eventually make a living from? There's a good chance that, regardless of your response, your road will begin with college. Before you can enroll in classes, however, you have to save money so that you can account for the cost associated with this level of education. With these financial do's and don'ts, by Robert Jain, building an account will be made easier.
DO begin the saving process as early as possible. The sooner that you can build an account for your education, the better. Bob Jain and other names in the world of finance will agree, which means that you should take certain steps sooner. Everything from saving money from odd jobs to applying for part-time work falls under this umbrella. Steps such as these will make saving money for college a simpler process.
DON'T forget about savings bonds. One of the reasons, and perhaps the biggest, why parents and grandparents recommend savings bonds as gifts is their value. For those that don't know, the longer these bonds are kept away, the greater their interest becomes. Ergo, the individual whose name is associated with the bond gains more money when it comes time to pay out. These are ideal for those that are planning on saving for school.
DO your research when it comes to financial aid. If you want to make paying for school easier, it's wise to learn about financial aid. Not everyone is eligible for this, however. First, you must be a United States citizen. Second, you have to maintain a minimum grade point average. Specific requirements will vary from school to school, which means that research is that much more important. You'll have a better understanding of what's expected of you.
DON'T think you can't ask for help. Even if you're not comfortable borrowing money from your parents, it doesn't hurt to ask them for guidance. What would they recommend when it comes to saving money over the course of time? What did they do differently that you can benefit from? Sometimes saving money is a matter of learning from others. This is why it's worth asking for help. It will make saving money for college even easier.
DO begin the saving process as early as possible. The sooner that you can build an account for your education, the better. Bob Jain and other names in the world of finance will agree, which means that you should take certain steps sooner. Everything from saving money from odd jobs to applying for part-time work falls under this umbrella. Steps such as these will make saving money for college a simpler process.
DON'T forget about savings bonds. One of the reasons, and perhaps the biggest, why parents and grandparents recommend savings bonds as gifts is their value. For those that don't know, the longer these bonds are kept away, the greater their interest becomes. Ergo, the individual whose name is associated with the bond gains more money when it comes time to pay out. These are ideal for those that are planning on saving for school.
DO your research when it comes to financial aid. If you want to make paying for school easier, it's wise to learn about financial aid. Not everyone is eligible for this, however. First, you must be a United States citizen. Second, you have to maintain a minimum grade point average. Specific requirements will vary from school to school, which means that research is that much more important. You'll have a better understanding of what's expected of you.
DON'T think you can't ask for help. Even if you're not comfortable borrowing money from your parents, it doesn't hurt to ask them for guidance. What would they recommend when it comes to saving money over the course of time? What did they do differently that you can benefit from? Sometimes saving money is a matter of learning from others. This is why it's worth asking for help. It will make saving money for college even easier.
0 comments:
Post a Comment