A few weeks ago, I polled a few family and friends about their college experience. Let’s call them Erika and Yvonne.
What should new students know about saving money in college?
Erika: Numbers are black & white, but living is not. Part of the college experience is the social aspect, including parties, joining certain organizations, taking extra classes, traveling, studying abroad, etc. These are the hidden costs of college that most people aren’t prepared for.
Yvonne: I think I’d just recommend balance and moderation. Stay in the moment, but do your best to set your future self up for success too.
Would you do it again?
Erika: Yes, I would do it again. I enjoyed school and learning, but I would definitely change some things like securing an internship and studying abroad.
Yvonne: I’d definitely recommend living on campus the first two years if you’re able. Even though I hated college, living on campus was hands down the best experience I’ve had.