How to Take Control of Your Finances during College

How to Take Control of Your Finances during College

Each year in the US, the cost of education continues to rise, making it more and more difficult to pursue a higher education. But, it’s not just the cost of tuition you need to keep in mind when planning your budget! When you begin college, you will have to think about textbooks, notebooks, loans, rent, entertainment or transportation as well. These are all important items you should pay attention to if you don’t want your college budget to slowly melt away.

At LA ORT, we understand how hard it is to attend classes, study, and handle money at the same time. We also believe that money shouldn’t stop anyone from getting an education and planning for their future. To help you succeed, we explored how you can make the most of the money you have during your college studies.

As technologybudgeting during college has become an important part of our everyday lives, using an app that can help you organize your money better may be just what you need to make smart financial choices, save money, and pay off your debt after college. That is why we can honestly recommend a financial app named Mint, which can improve your quality of life while studying and prepare you for the future as well.

Get the Whole Financial Picture

Mint can help you improve your personal budgeting, track your spending, and become financially independent. You can manage all of your finances with just one app – Mint offers you the possibility to handle all your accounts in one place. It is easy to set up and even easier to use. You can pay your bills or get financial recommendations and much more. Obviously, Mint works on any browser or mobile device.

Mint is one of the most popular personal finance software available at the moment. What’s more, it is also free and fully automated. By using Mint, you can easily keep track of your income and spending, check your credit score or get valuable advice on smart budgeting. You can also set up a bill-payment option and have all of your upcoming bills automatically handled by Mint. One of its really cool features is that the Mint mobile applications can notify you when you spend more money than planned.

And the best thing is that there are also features such as student budget template and college budget template that can help you with running your education-budget smoothly. Here you can find useful reminders and interesting advice on how to manage your college budget more efficiently.

la ort collegeSmart Budgeting

First of all, you need to sit down and put together a list of your expenses combined with all of your income, so that you could plan a good budget. This can be handled easier if you use template tools. Mint provides free, honest financial advice that can help you keep track of your spending and even save money.

This great budgeting tool allows you to categorize all of your money transactions and see exactly how and where you spend your funds. The app already has many built-in categories, but you can rearrange and recategorize them, personalizing your account so you can get around with more ease. This way, you can have complete control of your transactions.

Remember, with Mint you can spend your funds more wisely and get more value for your money. If you are interested in a free Mint trial, click here.

LA ORT Can Help

Another thing we’d like you to know is that you can contact us at 1-(800) 998-2678 whenever you want and talk with one of our friendly student advisors about the possibility of getting financial help for studying at LA ORT. You can also visit www.LAORT.edu to find out more about how we can help you succeed at college. With the support of our devoted staff, you can make your dreams come true without spending a fortune on your education. Contact us today and we can discuss your specific situation and find the best possible solution for you! We are here to help!

LA ORT is a group of nonprofit junior colleges in Los Angeles and Van Nuys provide career training in short term courses.