HOW TO MONEY MANAGE IN COLLEGE 

In this video I am going to discuss how to money manage in college.
When it comes to financial literacy most Americans are way behind the ball and get caught up in a rat race where their money flows out as quickly as it comes in.
Simply put, a lot of us lack financial literacy, and our educational system has failed to teach us very much about money management. It is a skill best learned young and when someone is establishing their independence, like when students are in college.
To that end I want to share 3 tips on how to manage your money while in college.
First, I talk about "time management", and how much more you can get done by utilizing your time more efficiently and not letting opportunities pass by you. Use your time to make money or get a part time job.
Second, I talk about avoiding bad "spending habits" and how to spend responsibly while also setting aside a decent amount in savings. The psychological literature on this topic is insane.
Lastly, I talk about compound interest and investing in both index funds and mutual funds to yield great gains over long periods of time. These are long term investment strategies. The sooner your money is in the stock market, the better.
SUBSCRIBE to stay updated on new videos!