Comments on: The Ultimate Financial Survival Guide For New College Students

By: LoveCollege

LoveCollege — Thu, 27 Aug 2009 03:33:05 +0000

Buy a prepaid phone…trust me…it’s worth it! I had a contract phone but wasn’t really using it because I have a land line in my dorm. I switched to NET10, which was given the tittle of BEST OVERALL VALUE. It’s easy to use and so so cheap to buy. Check out their phones at KMart or even online. Good luck!

By: Roger

Roger — Sat, 22 Aug 2009 03:33:23 +0000

Good stuff, Studeonomist. Definitely a list of things that I wish I had done back when I was first starting college. Although, some of them I already had done (getting a credit card) and others would have been rather hard, given when I was a student (setting up an online account). Still, the earlier you get started on all this, the better.

By: Adam

Adam — Fri, 21 Aug 2009 09:07:51 +0000

I couldn’t agree more about the pre-game advise. Only thing I would add is to be honest about you financial situation with your mates so you are all on the same page when you go out to club.

Avoid people who think they are high class and only want to go to fancy clubs or drink premium alcohol…

A friend dated a girl like this in college and it broke him financially. Better to be honest about who you are and manage other peoples expectations instead of destroying your financial backbone and picking up expensive habits…

By: Friday Links | The Canadian Finance Blog

Friday Links | The Canadian Finance Blog — Fri, 21 Aug 2009 09:01:44 +0000

[...] Studenomics put together the ultimate financial survival guide for new college students. [...]

By: Studenomist

Studenomist — Fri, 21 Aug 2009 05:05:13 +0000

@WM Wow you got this all figured out! Thanks for sharing those tips. Pre-game is important but it often leads to disasters lol. Any stories to share?

By: WM

WM — Thu, 20 Aug 2009 00:13:51 +0000

A couple more notes about saving money partying in university…not that I’m a total lush, I just agree with you that – HELLO – everyone parties in university. And if you don’t, you’re doing something wrong.

1) If you’re planning to make it a big drinking night, make your first two beers the good quality stuff and after that switch to something cheap. After a couple beers you really can’t taste the difference anyway. Or if you don’t mind drinking the cheap crap all the time you can do that too. It helps to put of developing refined tastes

2) Pre-game. Drinks at clubs are way expensive and since you don’t usually head out until at least 10:00 anyway, might as well gather at someone’s house to get your buzz going. That way you can probably get away with buying only one drink at the bar.

3) House party. Bars are expensive – from the drink costs to the cover charge to the transportation to the tips. Convince your friends to hang out at someone’s house and drink cheaper booze from the liquor store. If you are concerned about meeting people you could always ask everyone to bring a guest or two who is new to the group.

Wow, do I sound like a tight wad drunk or what?!?!

By: S Insight

S Insight — Wed, 19 Aug 2009 19:54:26 +0000

Some excellent tips and a great blueprint for any new college student. There is of course the other additional issue of generally being frugal.

By: JS Dixon

JS Dixon — Tue, 18 Aug 2009 12:25:31 +0000

Great tips! Very practical. I think taking the bus depends on what area your in. I would not recommend the Dallas bus system to anyone. It wears you out, and the lack of energy can effect your study habits.

By: wyojeff

wyojeff — Mon, 17 Aug 2009 21:52:28 +0000

great post. I appreciate you being realistic esp in terms of going out. Failure to account for realities such as this is a major oversight, and will break a budget. However, saying that it’s ok to go out and have fun every once in a while if you are prepared can do wonders.