MMS014: Back to School – The A to Z of Student Finance

As college and university students across North America begin to migrate back on to campuses over the next couple of weeks, class is already in session at the MMS with Justin Bouchard from My University Money. Just because you might think you’re flush with student loan money and summer job cash in September doesn’t mean you can’t quickly dig yourself into a hole of debt by Christmas. Our panel of graduates from the school of hard knocks will give some money-savings tips they had to learn the hard way.

Show notes: http://moneymastermindshow.com/episode14/

Some important questions discussed in this episode:

So you got a student loan… Now what?

Should students get a credit card?

How much does school really cost? What about in 10 years?

Where do I even start when it comes to putting a budget together?

What insurance stuff do students need to worry about?

Want to save money on cars, taxes, and textbooks? We’ve got you covered.

Links, Tools, and Programs To Help You Get Started

Justin’s User-Friendly Student Budgeting Template

YNAB

More Money for Beer and Textbooks

College board costs today and in the future.

How many student have credit cards and credit card debt?

The Project on Student Debt, a non-profit, says that 15% of borrowers default within three years of entering repayment. At for-profit colleges the rate is 22%.

Help with student aid and scholarships.

Find scholarships fast with fastweb.

Panelists In This Episode:

Special Guest: Justin Bouchard | MyUniversityMoney.com

Glen Craig | Free From Broke

Kyle Prevost | Young and Thrifty

Miranda Marquit | Planting Money Seeds

Peter Anderson | Bible Money Matters

Tom Drake | Canadian Finance Blog

For a quick bio of each of our show participants, head on over to our panelists page.

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