18.2 million people enrolled in college in 2007 and most of them manage to have a good time and not come out with a high credit card debt or a lot of money problems. Trying to be smart with your money in college is a tough thing to do. Your friends want to go out to eat and you know you shouldn’t go but you cave in and go anyway. You really don’t need a new pair of jeans but you give in to temptation and purchase them. I have some great ideas on how your can save your money in college but still have a social life.
Don’t Get a Credit Card
“Imagine being 30 years old and still paying off a slice of pizza you bought when you were in college. It may sound crazy, but problems with credit card debt can lead to this scenario,” said an article by the College Board.
Getting a credit card in where a lot of college students go wrong. Having a credit card is only going to make things harder on you if you can’t make a payment one month or forget about making a payment. If you really want something, save up your money and this way, you will have it paid off all at once and won’t have to worry about starting your credit badly.
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