collegestudent
Although college is a time of great change and excitement, it can also be a difficult time financially. Thanks to high tuition and hidden costs, students often live on tight budgets, and grocery shopping can be one of their biggest expenses. There are costs involved regardless of whether students consume off-campus meals, cook at home/in their dorms, or take advantage of an on-campus meal plan. Here’s a look at what the average cost of food is for college students: For a college student, food costs $670 a month on average.On average, college students spend $410 a month eating away from campus....
Due
Without a job that allows them to be self-sufficient, most people cannot reach financial independence. Despite this, young people are taking longer than in the past to reach this milestone. It is possible to work towards becoming financially independent, even if you are still looking for a job or a self-described broke college student. How? Here are some steps you can take to become more financially independent. Establish your definition of “financial independence.”There are different definitions of financial independence for different people, writes Kate Underwood in a previous Due article. P...
ValueWalk
Without a job that allows them to be self-sufficient, most people cannot reach financial independence. Despite this, young people are taking longer than in the past to reach this milestone. Case in point, people in their 20s were able to find jobs that made them financially independent forty years ago. Most young adults must wait until their 30th birthday before they can find jobs that allow them to support themselves fully, according to a study by Georgetown University’s Center on Education and the Workforce (CEW). It is possible to work towards becoming financially independent, even if you a...
Due
With the cost of living going up, college students should start thinking about their financial future, allocating a portion of their available funds toward investment options. While growing financial capital from a young age is a smart decision, doing so can often be harder than anticipated. Keeping a budget, while having minimal capital inflow is growing increasingly difficult, as the cost of everyday essentials, and college tuition inflation keeps going up. Growing tuition costs have led to nearly 45 million, or 17.4% of American adults now sitting with student loan debt according to recent ...
ValueWalk
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