Learning how to manage money is very important for college students if they have not learned it previously. It can be very difficult to learn how to budget and stick to it at first, but it is definitely worth the effort that it will take. Here are a few tips on managing money:
- Think before you spend. Ask yourself if you really need this item-or simply want it.
- Join a credit union. Credit unions do not charge extra fees for various things and they generally have better rates.
- Avoid the credit cards like the plague! Credit cards will tempt you into a lot of unnecessary debt. Do not limit your freedom by gaining debt.
- Save and then spend. Never spend money you do not have unless it is for academic purposes and can be covered by a loan.
- Pay your bills on time. You do not want to fall behind on payments or it may be a long time before you catch up. There are also many negative consequences associated with falling behind on payments.
Have you ever wondered where the best place to live would be here in the United States? CNNMoney.com recently compiled a list of the Top 100 best U.S. cities or towns to live in. Want to know who took home the number one spot?
This year, the town of Eden Prairie, MN (population: 64,000) won out. You’re probably wondering why a small city in Minnesota would prove victorious against thousands of other towns across the country. It deserves the prize for a number of reasons.
Eden Prairie boasts only a 5.1% unemployment rates because of the big pile of jobs that have been pumped into this little town. A Fortune 500 trucking company employs many, along with the Minnesota Vikings practice facility and head office being located here.
It also has a great education system and a low crime rate. But having all these perks doesn’t make it any less fun to live here. There is plenty of things to do for families and single citizens alike.
Check out the CNNMoney.com Top 100 list to see if your city made it onto the list!
The Senate has passed a bill that would return unemployment benefits to millions of Americans without jobs. The bill passed with a 60-40 vote.
The bill would push the unemployment benefit deadline back to November, which would give more time to those who are going through times. The bill will have to go back through the House, and if it makes it there, it will make its way to the White House to be personally signed by President Obama.
Obama praised lawmakers for passing the bill by saying, “Today marks an important step toward passing the unemployment insurance extension which is critical to millions of Americans fighting to find a job, put food on the table and make ends meet during this tough economic time”.
To read more about the bill’s passing, visit CNNMoney.com
