Money Management for College Students

Money ManagementBy Britt

My step son will be starting college next fall, and I’m a little concerned that he will go through money like there is no tomorrow! Money management is NOT his strong suit! I’ve tried to teach him the value of money and why you need to be smart in managing money, but I don’t know! He has had summer jobs, but despite my warnings, he has been spending it as fast as he earned it. He can get away with it now, but not in the future.

I’ve been looking for good information about money management, saving, budgeting and the like. That is how I came upon this page: http://homeschoolingteen.com/article/financial-literacy-teens. I passed it along to him and I can only hope it helps him!

I wanted it to be an educational experience (what can I say, I’m a teacher and I can’t help myself!). I gave him a “homework” assignment to find other web sites that can be useful in learning how to be more practical with money. He found one on saving, budgeting, and working while attending college. I thought it was a good page, so I thought I’d pass it along to you. Here it is:

https://www.ignitespot.com/money-management-for-college-students

This informative page has links to helpful tools and resources on saving for college, budgeting, managing student loans, jobs and making money. The page author, Eddy Hood, is an accountant and business coach, so I am confident that he knows what he’s talking about. Hood is the CEO of Ignite Spot, a business consulting and accounting firm based in Salt Lake City, Utah. He is also the author of The 8-Week Startup available on Amazon. It’s a guide for future entrepreneurs on how to start a business.

Anyway, I think Jordan would be thrilled to see his page on money management for college students included on your web site, and I think others could benefit from it too.

All the best,
Britt

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