The following is a guest post by Andrew Rombach of ScholarshipFly.
As you prepare yourself for college, one of the most difficult things to manage will be money. The broke college kid stereotype is around for a reason, and it is never more relevant any other time than during college.
In college, there are two types of expenses: the cost of attendance and the cost of fun. College is characterized by these two expenses. Tuition has been skyrocketing, textbooks have been following suit, and the actual cost of living has never left the equation. On top of all that, there are the random spontaneous expenses as well as the weekend bar tab. The combined effect of these can be crushing.
With that being said, there are certainly ways to make college life a bit more financially stable. It takes some resolve, planning, and a little flexibility, but it is entirely possible to make it through the expenses associated with college. [Read more…]