Browsing Tag

student life

Adulting Other Student Life

Subletting and the Importance of Renters Insurance

June 9, 2022

Summer is here, and students all over the country are moving off campus, starting summer jobs, and getting ready for another school year. It’s also a time when students may need places to stay temporarily for summer jobs, and many leave their student apartments empty when moving home for the summer. Finding a temporary place to live out of town to stay for the summer can be difficult when you’re concerned about safety and reliability.

Many people consider subletting their apartments over the summer to take advantage of all the traveling young adults and offset the costs of an empty apartment. No matter if you are on the lessee’ or lessor, you might want to consider renters insurance to ensure the safety of your valuable items.

Continue Reading

Student Life Transition

Finding the Good in New and Challenging Situations

April 26, 2022

We’ve all been told that life is a challenge. It can throw you curve balls that you would have never imagined possible, but somehow we all manage to pull through. Although, not always in one piece.

As you move from one phase of your life to the next, you may be experiencing a number of changes:

  • Moving cities or even states.
  • A new job (maybe even your first full-time gig).
  • A boatload of new responsibilities.
  • New friends (or loss of them).

Young adults are inevitably going to trip and fall… A LOT. It’s easy to get discouraged from what may feel like constant letdowns, but remember: It’s okay. Follow these steps for finding the silver lining even in the roughest situations.

When the Going Gets Tough, Be Positive

The energy you put out there is the energy you’ll get back. If you are consistently focusing on the negativity, it will always find you. There will always be something gloomy in life, work, and school, but it is vital to not dwell on those things for too long before trying to find the positive. If you didn’t get the result on a test, you thought you would look for the positive instead of sitting around and moping about it. If something can’t be made positive, try to neutralize it instead.

Failure Can be Good

Our lives are made up of a series of mistakes and the lessons we learn from them. We aren’t born knowing how to walk, talk, read or write. By trial and error, we develop these skills and eventually can’t remember a time we didn’t know how to do them. Unfortunately, the difficulties we face get harder and harder as we get older.

When we make a mistake, big or small, the easiest thing to do is to talk down to ourselves or dwell on all the little clues we missed leading up to this unfortunate event. But remind yourself that we are always learning and growing. Of course, we are going to make a mistake at some point in our lives or another! Whether it’s during the first week on the job, or the first time you have to manage your own finances, you will probably make a mistake. And maybe make many of them. We don’t walk into the world and suddenly have everything figured out. The most important part is learning from those mistakes and ensuring they don’t happen again.

Making an error and failing is an essential piece to mastery. Embrace it.

Be Kind to Yourself

When something negative affects us, it is crucial to accept ownership of what happened, but to also quickly move into a more optimistic headspace. At the same time, it can be comfortable to turn to self-doubt and blame when we do something wrong. We’re only human; we are bound to mess up, but the important thing to remember is that we are not an accumulation of our failures.

Research has shown that talking positively to ourselves, especially when we are at our lowest, is key to overcoming our fears and vital to our mental health.

Some benefits of positive self-talk are:

1. Reduced Stress

Individuals who think optimistically are also more prone to positive self-talk and use more dynamic coping methods when faced with stressful situations and challenges. Positive self-talk helps you challenge the way you look at stressful situations by helping you understand that you will meet them to the best of your ability and that no matter what happens – you did the best you could. Tackling these situations with an ‘I can do this‘ mindset rather than a negative ‘This is too hard‘ opens up new ways of thinking and problem-solving.

 2. Increased Confidence and Resilience

Most of us have experienced the little voice in the back of our heads telling us that we aren’t good enough, but tackling life with a positive self-talk policy can help to boost your self-confidence. Above anyone else, you should be your biggest fan! Frequent positive affirmations will help you feel more confident when facing your fears and achieving your dreams. You instill yourself with the belief that the things you want are achievable, and when situations do arise, you are prepared to handle them head-on. 

3. Stronger Relationships

We all know how it feels to be around someone so bright, full of confidence in themselves, and loves to spread genuine joy. They ooze enthusiasm that bleeds into everyone around them. Positive energy is contagious, so if you bring out the best in yourself, you will also bring out the best in others. 

With all of the challenges college students face, finishing college may not be on the top of the priority list. GradGuard is here to help you find some positivity in what may be some unfortunate circumstances. Insurance provides peace of mind before the unexpected happens, such as having to withdraw from school for a covered medical reason or discovering your laptop was stolen. Renters and tuition insurance plans allow students to get back up when life knocks them down.

Takeaways

You are your biggest champion. At the end of a hard day, week or month, we hope that you are able to find the good. Positivity is infectious, and know you can do anything you set your mind to, even the really hard stuff.

Adulting Student Life

A Student’s Guide to Insurance: Travel Edition

April 19, 2022

Being a student has its fair share of traveling. From breaks, vacations, traveling to and from campus, to even studying abroad. Whether you’re road-tripping to the west coast, studying abroad in Spain, or enjoying the beaches of Southeast Asia, knowing the ins and outs of student insurance can help make your trip a safe one!

There are a few different kinds of insurance you should consider when traveling during school, both in and out of the country: Auto, Health, Renters, and Travel.

Continue Reading

Career Student Life

3 Things Every Student Should Do Before Graduating 

March 29, 2022
Things to do before graduation

The months following graduation can feel a little odd. Maybe you didn’t have a job lined up after college like some of your friends did. It’s difficult to keep in touch when you’re not bumping into each other on campus or in the residence halls anymore. As a result, many recent grads struggle to adapt to life outside of college.

But it doesn’t have to be this way. You can make your transition from college into post-grad life a little easier by planning ahead and preparing for all that life has to offer. Here are 3 things every student should do before graduating and heading into the workforce.

Polish Your Social Media Accounts

Your social media accounts will serve a very different purpose once you graduate. Social media was a great way to connect with new friends and learn about events or parties in college. But when you graduate, your social media account can be a risk to your personal and professional growth.  

Nowadays, most organizations will look you up on Facebook, Twitter, and Instagram before hiring you. Anything that was considered cool in college, such as underage drinking, or posting photos by the pool every Saturday may come back to haunt you if your future employer saw it. Just because your profile settings are set to private, doesn’t mean it’s completely blocked off.

This doesn’t mean you have to delete every social picture from your profiles. You just have to be savvy about what you leave up and what you take down. Try to untag yourself from anything that might be misinterpreted. What happens online, stays online!

Update Your Resume

When was the last time you updated your resume? For most college students, it was probably either in high school or when you applied for a recent part-time position. These versions of your resume simply won’t cut it in the professional world, where you need to put forward a solid resume to make it to the interview stage. 

Fortunately, most colleges have a career services department to help you create the best version of your resume. Usually, the folks who work in these offices have plenty of experience, so it’s worth checking them out and listening to their suggestions. 

You can start writing a killer resume by researching successful resumes online. This will give you an idea of the industry standard and help you choose between design templates and layouts. Regardless of the template you choose, you must first share the most essential information. This depends on the job you are applying to and your experience, but it should always display your strongest achievements and accomplishments first.  Make sure to mention your anticipated graduation month and year, and if you’re open to relocating after graduating.

Write a Will and Advanced Directive

Many people mistakenly believe that will writing is only for the elderly or those with life-threatening conditions. The reality is that all adults need to have a will to make things easier for loved ones if tragedy does occur. 

However, if it’s your first time writing a will, it can be hard to know what to include. Typically, your will should tell your loved ones what you want to happen regarding your health care, property, and assets. Your parents will likely be able to help you out with writing your first will. You can always update it down the line after big life events, such as getting married or having a child.

Takeaways

Transitioning from college to the workforce is always going to be tricky. But you can make the process a little smoother by planning ahead and setting a clear direction for your life after graduation. Start by assessing your social media presence and resume materials, as these will play a significant role in your job hunt. Then, consider writing a will and advanced directive, so you can move into life beyond college with peace of mind. 

Safety Student Life

Spring Break: A College Student’s Guide to Risks

March 7, 2022

Nationwide, nearly 20 million college students are preparing to take their midterm exams before heading off to enjoy spring break. With dropping Covid-19 case numbers and an overall better outlook on the pandemic, many students are extra eager to escape from hectic college life. 

Before students leave campus, GradGuard, the nation’s leading authority on helping protect college students and their families from the risks of college life, recommends students consider the following tips so they are prepared if something goes wrong. Here are five tips for college students as they embark on long-awaited spring break adventures.  

Protect your health

Be sure you have your health insurance card, and if applicable, your COVID-19 vaccination card, with you and confirm your student health insurance will work while traveling.  

Protect personal belongings

Be sure to consider purchasing GradGuard’s renters insurance, which is specifically designed for college students. It provides coverage for students’ belongings not only while on campus but also while they are traveling worldwide.

Protect your identity

Be prepared with backup identification cards by taking photos of all your personal IDs and payment cards. If your wallet is stolen, you can quickly restore your life and return home easily.

Protect your trip

If you are leaving the United States, travel insurance can be a smart purchase and can include valuable services to help you overcome a financial loss and also help you return home in case something goes wrong on your trip.

Protect your dorm or apartment

Remember you are likely responsible for damages that may occur at your campus residence while you are away.  Be sure to turn off all electronics and appliances before leaving.  But if something happens, GradGuard’s renters insurance can provide coverage for damages that occur while you are away from school.

It’s important to understanding the risks of college life and to consider these tips before spring break. Students and families may be surprised that they will likely lose hundreds, if not thousands of dollars if their semester is disrupted by a theft, unintentional damage to their student housing or a medical condition forces them to withdraw.

GradGuard’s renters insurance enables students and families to easily replace a bike, laptop, cell phone, or other items that are stolen or damaged, not only while the student is on campus, but also while they are traveling to and from school or away on vacation.  In addition, GradGuard’s industry-leading tuition insurance program allows families to get a refund if they are forced to withdraw from school for covered medical conditions including COVID-19.

While students have diverse goals for spring break, students are smart to be prepared and to protect themselves from a financial loss that could disrupt their semester or create greater financial stress. Have a happy and healthy spring break!

Adulting Transition

Ultimate Guide to Getting Your First Car

March 4, 2022

Your first car could be one of your first major investments, and an important one at that. Having a personal car is a necessity nowadays because it is more convenient than commuting, especially if you are the type of person who has a lot of errands to do. But what should you consider when purchasing your first car? 

Type and model of the car

The type and model of the car are the first things you should weigh on because this one is a personal choice apart from being a practical one.

  • What type of car do you prefer?
  • Do you want a sedan or an SUV?
  • Do you need to use it for yourself only or do you have a family to consider?
  • Is it going to be for personal use or are you going to use it for a business?

These questions could lead to the type and/or model of the car you are going to get. If you still don’t have an idea of what you should buy, there are news articles that suggest the best practical cars in this season. For instance, here’s a US News article that suggests the most practical car options for the year 2021. But apart from practicality, this could also be just a personal preference. Would it be a dream car? It’s your decision to make. And after considering these, you can proceed to the next one—the price.

Price range and amortization

After choosing the type or model of the car that you want to purchase, it’s time to look around and check its price. You can go research different car dealerships near you and check if the vehicle you want is available there and how much they are selling it for. You may also review the car loan process beforehand to get all the details needed.

The best thing to do is to personally inquire and sort of get a customized deal that would suit your budget. Some car dealers try to adjust their rates depending on the capacity of the customer, considering other factors such as the amount of downpayment to be made, the length of the term, and the amount of amortization you could afford. It’s not bad to haggle sometimes.

Just remember that this is a major financial commitment and it could affect your credit score in the future. So you better make sure that you can commit to whatever deal you are going to get for your new car. 

Insurance and tax

Apart from monthly payments, your vehicle is also subject to tax. But there are vehicles that are exempted from tax such as old cars. There are also a few states that do not impose a tax on cars such as Delaware, Alaska, Oregon, New Hampshire, and Montana. You can purchase your car in these states, but you may still have to pay car tax if you move the vehicle into a state that imposes a tax on cars.

Car insurance is also important because accidents could always happen and it’s better to be secured rather than having to spend more later on. There are different types of car insurance and they vary depending on the state you are in. There is mandatory car insurance that covers your liability when accidents happen, and some options are for the damages your vehicle could get. There is also gap insurance where you get covered if the car gets stolen — basically, it prevents you from paying the whole amount of the car after it was stolen. 

These are just a few, basic pointers you need to remember when getting your first car, and again, just be reminded that purchasing a vehicle is a major decision and you should not be too quick when deciding what to buy and where to buy it from. Take your time and try to always look for the pros and cons before purchasing.

Career Student Life

Diversity Encouragement Strengthening STEM Disciplines

March 1, 2022

A STEM career may prove to be a great choice for you. For instance, you can earn a degree in astronomy, biology, or another STEM field. From here, you can gain the skills you need to become a key contributor in a STEM role. In addition, you can help foster diversity among STEM disciplines. 

You can simultaneously build a rewarding STEM career and promote diversity in STEM disciplines. And doing so may have far-flung effects on yourself and many others long into the future. 

Why STEM Studies Are Crucial 

Sparking interest in STEM studies drives diversity among STEM disciplines. To understand why, consider what can happen if you pursue a STEM degree. 

In this instance, you’ll use hands-on and classroom training and exercises to build your skill set in science, technology, engineering, and math. Next, you can use your STEM skills to solve problems and take your creativity to new heights. 

At this point, your STEM skills can make you an attractive candidate for top jobs from STEM companies. They can even help you earn a great salary. 

Let’s not forget about the unique contributions you’ll be able to bring to a STEM company, either. Your contributions may lead others to pursue STEM careers. As a result, you’ll foster diversity in STEM disciplines. 

How Educators Encourage Diversity in STEM Disciplines 

If you’re on the fence about a college major, meeting with educators can provide a great starting point. Teachers have your best interests at heart and can address any doubts you have about choosing a college major.  

Many teachers possess cultural awareness that is vital to the enjoyment and pursuit of learning. These teachers can help you explore career interests you previously might not have considered. And they may help you find a STEM degree program that suits you perfectly. 

Ultimately, earning a degree in a STEM discipline can provide a viable career path. There are many degrees you can pursue in STEM studies. Thus, you can find one that interests you and make a career out of it. You can help make STEM disciplines more diverse than ever before, too. 

How to Build a STEM Career and Promote Diversity

Once you’re ready to earn a degree in a STEM field, you’ll need to find the right degree program. You can look for STEM studies at colleges and universities close to home. Or, you can enroll in an online degree program.

Search for degree programs that align with what you want to accomplish in your career. Oftentimes, it helps to list out your career goals. You can then use your goals to figure out what degree programs can help you build your ideal STEM career. 

Take advantage of any opportunities to gain experience, too. Sign up for workshops on various STEM topics. You can also explore internship and apprenticeship opportunities. 

Remain on the lookout for opportunities to grow your STEM career as well. If you are open to learning about new STEM topics, you can continuously enhance your skillset. Over time, you may establish a cultural awareness that helps you get the most out of learning about STEM topics as well.  

Launch Your STEM Career

Pursue STEM studies in areas that interest you. In doing so, you can build a rewarding STEM career and foster diversity in STEM disciplines. 

Student Life

Best Student Discounts for 2022

February 25, 2022

We all know that college is expensive and this is the first time that many students are responsible for their finances. It can be difficult or even overwhelming to get your money in order, but there are some deals and discounts that make it easier on your wallet!

Some students aren’t aware of the many exclusive discounts that are available to students while enrolled in college. Some subscriptions are made available just by registering using a .edu email address. Not only will students be able to save a few dollars (or maybe more than a few) by registering as a student, but will they receive exclusive benefits most of the time. Being aware of these discounts can be beneficial for college students that are learning to be more financially independent. 

Here are some of the best student discounts available in 2022:

Amazon Prime

As a student, Amazon Prime offers a free six-month subscription. After that free six-month trial is over, it costs only $6.49 per month for as long as you are a student. With this subscription, you’ll receive a catalog of their TV shows and movies, free unlimited photo storage with Prime Photo, and the usual perks of two-day shipping. This discount extends beyond Amazon as well, like offering exclusive deals to GrubHub, the Calm App, discounts on flights from StudentUniverse, and help from Course Hero. As if that isn’t enough for the perks of Amazon Prime, there are add-ons to this plan, including access to premium video channels Like Showtime, Epix, Sundance Now, and more for just $0.99 a month each for up to 12 months. What a deal!

Spotify Premium

As for Spotify, students are able to buy access to both TV and music streaming options. For as low as $4.99 a month, students have access to ad-free listening to Spotify Premium, Hulu, and Showtime all in one. That’s half the price of regular memberships and without the extra perks of Hulu and Showtime. For the first month of access, all listening and watching is completely free! It should be noted that this plan has to be renewed annually and you can only use it for up to four years.

YouTube Premium 

Students have access to watch ad-free videos on the go with YouTube Premium. The option to download and watch offline viewing is only $6.99 a month. You’ll have complete access to Youtube music if your other streaming platforms are not cutting it for you. You have the option to try out Youtube Premium for a one-month free trial.

Apple Music and Apple TV+

When students sign up for Apple Music, they also get access to AppleTV+, all for only $4.99 a month! This subscription will not only allow students access to over fifty million songs but will also allow students to watch original movie pictures. This discounted rate is available for up to 4 years. 

Audible

Students have the option to purchase audiobooks, for either school or for entertainment through a discounted rate using Audible. New members are able to join for as low as $9.95 a month. Students are able to save over 30% and receive a $10 Amazon.com credit.

Notion

Are you having trouble organizing all your notes for all your different classes, projects, and assignments? Organize your personal tasks and notes with Notion’s free Personal Pro plan. Unlimited pages & blocks, file uploads, and version history. Just sign up with a school email address. The best part is there is no credit card required to sign up!

UNiDAYS

UNiDAYS is a discount website founded in 2011 that is available for free to students worldwide. Current students in higher education can sign up with UNiDAYS to get discounted deals on products and services.

Skillshare

College can be a really busy time and can be hard to find a way to decompress or learn a new skill. Skillshare is an online learning community of educational videos for a variety of different topics. Normally, Skillshare offers free one-month trials of their premium service. After that, it’s $15/month ($8.25/month if you pay annually).

Adobe Creative Cloud

Students can get the full suite of Adobe products such as Illustrator, Photoshop, and After Effects for just $19.99/month. That’s a 60% savings over the usual price of $52.99/month!

If you just want access to Photoshop, you can get the Photography Plan for just $9.99/month (whether or not you’re a student). This gives you access to Photoshop and Lightroom, plus 20GB of cloud storage.

Office 365

Although you might already get access to the Microsoft Office Suite for free through your college, if your school doesn’t offer it for some reason, you can still get free access to Office 365 Education if you’re a student. This includes Word, Excel, PowerPoint, OneNote, and Microsoft Teams. Just like most of the offers above, all you need is a valid student (.edu) email address to sign up!

Merchandise and Food Discounts

When you’re a student, often times local businesses in your town or city will offer a discount, anywhere from 10 to even 25% off. Many restaurants and store chains offer a deal for students such as Chipotle and Chick-Fil-A and even movies theaters. The twist to getting these discounts compared to most of the digital resources, is you need to do is show them your student ID.

College can be stressful for many different resources, but subscriptions and tools shouldn’t be on that list. We hope that this helps you save some money while you are in school and make some of your resources more affordable!

Student Life

Starting College on the Right Foot

February 23, 2022

College is a whole different ball game than high school, and contrary to popular belief, it has nothing to do with the classes or work you’ll be doing. For many students, college is the first time you will be responsible for yourself in more ways than one. One of the most significant differences is being in complete control of your education. You get to decide what you would like to study and what classes you get to take. You have the power to determine your academic future!

For many students, this can be overwhelming with so much new incoming information. We are here to help give a few pointers to ensure that you don’t overlook important details, whether it is your first semester or your last.

Important Policies and Procedures to Know

One of the most important things to look into when choosing a college or university is what policies they have in place. This can often get overlooked when enrolling because so many exciting things are happening all at once. Some of the policies we suggest you look into are:

  • Student and Class Policies – This can include policy and procedure documents related to student life at your university for things like student leaves, student misconduct, grading, courses, degrees, and even the quality of campus life for all students. It is vital that you also look into the policies on adding or dropping classes, important enrollment deadlines, and even the refund policy should you need to withdraw from classes. Of course, no one wants to think about bad things happening, but you should be prepared for the unexpected and be aware of what your school can do or not do if something were to happen.
  • Renters and Tuition InsuranceGradGuard offers protection plans designed specifically for the risks of college life. Pipes burst, backpacks get stolen, and illness or injury can keep you from your studies. Many colleges and universities do not offer refunds if a student needs to withdraw from classes after the first few weeks of class. Nearly all schools don’t replace stolen or damaged student property, either. Both of these factors can be detrimental to a student’s success. GradGuard is smart to consider given all of the risks that could happen.

Schedule

Managing a schedule is hard, but you can get the hang of it in no time with some practice. Before classes start or when you have some spare time, take a moment to think about all of the different things on your plate: attending classes, doing homework, studying, sleeping, hanging out with friends, and taking care of yourself; not just by eating the proper meals, but creating a budget or having clean clothes to wear. Details like this can get pushed aside when life becomes hectic, but knowing this ahead of time is an excellent way to ensure they don’t get forgotten. These are all essential everyday things that are vital for us to succeed in life, but can be hard to manage the different elements for the first time on our own. Lean on your friends and family to help you create a schedule that works for your so one of these areas in your life doesn’t suffer.

Work-Life Balance 

A good work-life balance is often talked about, but frequently overlooked. It’s easy to get stuck in the mindset that you must work, work, work all the time. But with all that hustle comes the great need for rest. You must have the appropriate downtime to relax and recuperate after using your body and brain. Eating healthy meals and getting the right amount of sleep is just as crucial to your success as making sure you attend classes and study. If we put out too much energy and don’t give ourselves enough time to unwind, it can lead to bigger problems like excessive stress, weight gain, and even depression. You will need to know your limits and listen to your body when it tells you it is time for a break. It can always be hard to say no in college, but there will always be another chance to do something. If you need to stay home and take care of yourself, your friends will understand! Understanding this concept now will benefit you greatly in the future with your career.

Resources

With this in mind, it can be hard to keep track of important resources and departments you may need in the future. Your college or university most likely will offer many different services or people on campus that you can turn to if you need help getting on the right track. 

  1. Staff – If you need help understanding any university policies, you can reach out to your academic advisor or a faculty member. They have a solid understanding of procedures if there is something that you do not understand.
  2. Study Centers or Resource Labs – There are often many tools available to students that are not well known. If you need help with classes or course material, the university or your specific college may have a tutoring program to assist you when needed. 
  3. Health Services – When you are feeling under the weather or are struggling with your mental health, you can visit your school’s health services facility. This is important if you are sick or if you are having a hard time balancing your workload. They should have doctors and counselors available to you when you need them, and the good news is you don’t have to travel far to get medical help if and when you need it.
  4. Student Handbook -Another place that you may be able to find information you are looking for is in your student handbook. You should read through this at the start of the semester to make sure that you understand the policies and procedures that are in place. This may also include details such as how to join clubs and organizations on campus, give you an idea of surrounding stores and restaurants by campus, and maybe even some student discounts!

There’s a lot of information to consider when you’re first starting college, but it shouldn’t be too overwhelming. Start early and don’t panic; make checklists of the most important stuff to know and you’ll be good to go!

Adulting Student Life Transition

Addressing Finances as a Student

February 4, 2022

College is one of the best times of your life: you’re always meeting new people, are regularly exposed to new and revolutionary ideas, and will make memories that last a lifetime. 

However, college can also be challenging. As a student, you’re continuously juggling responsibilities and are constantly aware of the costs like school fees, books, food, and accommodation. 

These responsibilities can lead many to put their head in the sand during their college years and ignore their finances. But this approach is unlikely to alleviate any financial anxiety you might feel and will only inflate your debts when you graduate. 

Instead, try a forward-thinking approach to budgets, expenses, and income — here are a few tips to help you along the way.  

Setting-up Your Budget

First things first – you can’t address your finances properly without a clear budget. 

You can create a realistic budget by adding up your income and looking at your expenses. This can be tricky, especially if you work hourly, which might fluctuate around seasonal shifts and finals and your income is inconsistent. You can account for these fluctuations ahead of time or should set a “minimum income” amount, so you don’t reach beyond your means. 

Next, divide your expenses into essential and non-essential expenses. Essential expenses should cover any non-negotiable fees like rent or food, and non-essential expenses should include cash for good times (we’ll get to that later!). 

Once you have a clear picture of how much you expect to earn and spend every month, you should start to think about how you can make your money work for you through investments and interest on savings — but only after you’ve established a healthy emergency fund. 

Pro-Tip: Take a look at your bill due dates to ensure you never miss a payment and that you will have enough money in your accounts when you need it!

Emergency Fund

An emergency fund protects you from unexpected medical bills or car maintenance fees. This isn’t the most fun way to handle your money, but it’s essential if you wish to have financial security and peace of mind. Emergencies can happen anytime, and being prepared for the unexpected ensures you will be okay.

Determining the size of your emergency fund depends on your current financial situation. However, an excellent point to start is budgeting to cover at least three months’ worth of expenses if you lose your source of income or are hit with an unexpected bill. 

Transportation

Without proper care and attention, cars can be money pits. You can easily spend hundreds, if not thousands, on simple repairs, and cars require consistent tax and insurance payments. As a student, you should seriously consider ditching a car until you have a reliable full-time income source that can support your vehicle without putting an extra strain on your budget. 

It’s hard to know if life without a car is right for you, and you should consider factors like your proximity to campus and access to public transport before you list your vehicle on craigslist. However, there are profound health benefits to going without a car, as you’ll likely cycle or walk far more than you ever did before. 

Good Times

A budget isn’t a spreadsheet that exists to make you feel guilty. A reasonable budget should allow for small fund to allow traveling, eating out, shopping, and activities with your friends. It’s important to set some money aside to for good times and memorable experiences, but as long as it doesn’t put you in a hard spot. You need to remember that your budget every month may not allow for fun activities if you

As a student with fewer commitments, you should seriously consider spending the money you budget for good times on summer travel plans. Summer vacation will help you see the light at the end of the spring semester tunnel and will give you a chance to make meaningful connections with the people you’ve met while studying. 

Conclusion

You can’t achieve financial independence overnight, but that shouldn’t stop you from making proactive financial choices based on a clear budget and some forward-thinking. That might mean you need to ditch the car for a few years, but it will also allow you to spend a little extra on summer vacations or road trips with your new friends.