![]() ![]() “One of the biggest mistakes students can make is to put their entire loan amount in their checking account without a plan,” says Yohance Harrison, Chartered Retirement Planning Counselor and wealth advisor based in Florida. ![]() That could mean you'll get "paid" only once a semester, which can make monthly planning difficult. Chances are a significant chunk of your income will come from financial aid, scholarships and/or private or federal loans. ![]() Your first step to staying financially stable in college is to figure out how much cash you'll have coming in. Get these essentials covered and you'll be in good shape to ace your budgeting all year. You've got the applications filled out and you have a list of your favorite schools - but what about your financial plan? While it’s easy for money management to slip your mind, planning for college financial management now can save you money-related stress later (like, during finals).
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