While keeping track of finances before college may not have been of concern to some students, it is a vital skill to learn for all. Parents should take the time to sit with their student and discuss budgeting before they arrive on campus for freshman year. It is important for families to establish a plan for how pay for both expected and unexpected expenses.
Budgeting in College
While keeping track of finances may not be of concern to some students, it is a valuable skill to learn for all. Students should take the time to sit with their family and discuss budgeting before arriving on campus for freshman year. Many unexpected expenses could arise and it is important for students and their families to establish a plan for how decisions about these expenses will be made and how they may be paid for.