When Teen Vogue originally contacted me about an interview for help with a financial planning article – I was a bit confused. Teen Vogue was not my usual market. By the time I got off the phone with Sierra Tishgart (Twitter @sierratishgart), I was so excited about “speaking” to this group. She also shared that many of Teen Vogue’s readers are recent college graduates. A prime time to start your career on the right money track. I wish someone had shared these tips with me when I was in college….
The article is titled “How to Manage Your Money Freshman Year of College”
Some tips I shared:
1) “No matter how little your budget is, it’s never too early to start a budget or spending plan”
2) Use apps to track your spending habits.
“Mint.com is an excellent app to look at where your money went the prior month,” says Galia. “You can get a snapshot of your spending history. There are also a lot of apps like Pennies and You Need a Budget. Each time you spend, you can plug it into your phone and keep a tally.”
3) Plan ahead.
“A lot of students want to travel, whether it’s for spring break or a semester abroad,” says Galia. “If you save $50 a month towards that, it shows your parents that you’re taking on responsibility towards planning towards a future goal. You’re communicating about money with your parents, which is something that students often don’t do.”
To your financial success-