7 Financial Mistakes Students Must Stop Making To Be Successful
By Jasreet Kaur03, Jul 2024 05:30 PMjagranjosh.com
Financial Mistakes
Managing money in college is important for future success. Many students make financial mistakes that cause problems later. Tap to read about financial mistakes students must stop making to be successful.
Budgetary Failure
Students without budgets might spend too much money and get into debt, a situation that may impact their finances both during and after graduation.
Consumer Debt
Poor use of credit cards can cause debts and bad credit ratings, which will have an influence on one’s future financial prospects.
Scholarship programmes
Paying less attention to the availability of scholarship opportunities means relying more on students loans.
Understanding of Loan Terms
It is important for undergraduates to comprehend terms and conditions attached to loans as a way of avoiding taking more than one can bear upon graduating from college.
Skipping Classes
Tuition fee money gets wasted when classes are skipped; this can lead to failure, hence adding extra costs for repeating them.
Wrong Side Hustle
An overwhelming job can affect academic performance as there is need to balance studies and work.
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