Unlock Your Financial Future As a College StudentUnlock Your Financial Future As a College Student
Unlock your financial future
As a college student, you can build the skills you need to manage money, create a budget and savings plan, and learn how to invest smartly. NYLAG offers a wide range of financial education and counseling resources to help you take control of your finances. Our free workshops cover topics like budgeting, emergency savings, credit card debt management, and investing strategies.
Financial freedom means having enough money to afford the things you want in life without relying on a paycheck to pay for them. It also includes having enough retirement income to provide a comfortable lifestyle after you stop working. More info theinvestorscentre.com
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The most important thing is to start building a financial plan that works for you. The key is to set measurable goals with clear deadlines. It’s helpful to break these down into short-term, medium-term, and long-term goals. Focus on the small steps you can take to improve your situation. It may be putting together your first budget, opening a high-yield savings account, or starting “payments” to yourself for future expenses, such as a car purchase or an IRA contribution. These small, consistent actions compound over time.
It’s never too late to improve your financial knowledge and make a difference in your life. This month, BYU’s personal finance experts Bryan L. Sudweeks (BA ’80), Craig L. Israelsen, and Todd M. Martin offer a few tips for getting started. Remember, assets and investments change over time, but good habits and a solid foundation don’t.…