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2008

You are browsing the archive for 2008.

Tax Considerations for Student Loan Interest

Each December, people get themselves into a tizzy, making some last minute moves to reduce their upcoming tax bill or increase their refund. This little game is called “tax avoidance” and it is the legal, wholesome brother of “tax evasion.” (Avoidance good! Evasion bad!) But those of us that are young and bright-eyed don’t have [...]

College Money Tip #3: Bank Better

Get a high-yield online savings account and put some money in it. Real short and sweet, huh? Well, that’s the point, because it’s fairly simple. You already know you should be trying to save, so we’ll skip the lecture on that, and just go straight into the where. You see, the problem with savings accounts [...]

Expertise: The Gift College Students Can Afford

By this time of year, your wallet is probably feeling quite light indeed. Whether it was emptied by tuition and textbooks or by beer and video games makes no difference – you’re broke. But now that you’re an "adult," your family expects you to partake in holiday gift-giving, just like everyone else. Now you could [...]

A Holly Jolly Giveaway from the College Money Network

A Holly Jolly Giveaway from the College Money Network

The College Money Network is helping you celebrate the holiday season with a giveaway! With the economy in a recession, many of us are cutting back on our holiday spending this year, but we still want to have just as much fun. Share your frugal holiday ideas (gifts, party plans, etc.) and earn chances to [...]

Five Tricks I Used to Pay Off My Credit Card

A $2,000 balance may sound teeny-tiny to others drowning in debt, but my credit card balance was just the high-interest tip of the iceberg when I dropped out of school and finally faced my financial mess. And while I’ve still got student loans to worry on, I made my credit card balance disappear. And I [...]

Net Worth Update: November 2008

I can scarcely wait to share this month’s update. Seriously, I’m rocking in my boots trying to write this intro. LET’S DO IT! Change: -$1,887 or -5.17 % Woohoo! Wait, why am I excited when I lose money? Well… This month’s drop is due to, as usual, student loans. I took out about $3,300 to [...]

College Money Tip #2: Planning for Your Dreams

I’m a big, big fan of Randy Pausch. He was a Carnegie Mellon professor who rocked the world with his Last Lecture, just about one year ago. He passed away this July, which is what brought him to my attention. Even though I’ve watched the Last Lecture (and read the same-named book that he published [...]

Net Worth Update: October 2008

Every month here on Poorer Than You, I take a snapshot of my finances and update my Net Worth numbers. Did it go up? Did it go down? Doing the math is one of my favorite activities! (Sadly.) Change: $77 or 0.21 % Ok, let’s face it. October was pretty plain-vanilla as far as money [...]

College Money Tip #1: Where It All Begins

This tip is so simple and so dumb. Not dumb as in "you’re dumb if you do it," but dumb as in "Seriously? Why is this even a tip?" But don’t run away yet, because I stand by this fact: this is the most important and most helpful tip I could possibly share in this [...]

Money Tips for College Students

As college students, we don’t manage our money because… We think we don’t have any We don’t know where to start We don’t think it’s important We think it’s too hard We’re kinda lazy – I mean, it will work itself out, right? Sounds like the exact same reasons we put off doing assignments for [...]