Experts Urge College Students to Follow 7 Money Strategies for Future Security
Updated
Updated · Fortune · Aug 15
Experts Urge College Students to Follow 7 Money Strategies for Future Security
3 articles · Updated · Fortune · Aug 15
Summary
Seven expert-backed steps for college students center on building credit early, sticking to a budget, saving before investing and planning for student-loan repayment while still in school.
Credit scores range from 300 to 850, and advisers said students can start with secured or student credit cards, using them only for amounts they can fully pay each month.
Budgeting matters even with irregular income from jobs, aid or family support; one tip is to divide monthly bills by four so students know how much to set aside each week.
Savings should cover rent and essentials for a few months before investing, while open conversations with friends and use of free campus financial resources can help students avoid overspending and fix mistakes.
The broader message is that money decisions made in college can shape borrowing costs, housing access and overall financial security after graduation.