Budget Guide
My name is Michael Noble I’m a sophomore in the
photojournalism major at Western Kentucky University. Being a PJ major at any
school is very expensive buying gear and just living, so budgeting is key and
here are my top tips for an incoming freshman.
I’ll start things off with budgeting. It’s the most
important thing not being broke in college. You need to know exactly how much
you have at any given time. So what I use is my banks iPhone app. It tells me
everything about my account instantly and from anywhere. I also have the bank
send me a paper statement so I can see what spending in one long list. Then I
have two different highlighters one for required purchases and the other unnecessary
purchases. This will make your spending clear.
Since we are on the topic of banks they are important, as
well as the accounts you select. Banks will offer you this accounts that sounds
very flashy but if you look at the details they require the account to have at
least $100 if not then they fine the account owner. Which as a college student isn’t
very realistic. So look for the bank’s
student accounts these accounts features no minimum balance. Which is great to
have because every dollar matters.
If the incoming freshman takes these tips they will have a
financially successful freshman year.
