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Tips to Money Managements

Tip1: THINGS ARE MOST LIKELY GOING TO CHANGE ONCE YOU START SCHOOL. BEFORE YOU HEAD OUT ON YOUR OWN, MAKE SURE YOU’RE ON THE SAME PAGE AS YOUR PARENTS OR GUARDIANS.


KNOW HOW FAR THEY’LL EXTEND THEIR SUPPORT.
  How much of your education are you expected to pay for?
  If they are assisting you, how much will they contribute and for how long?
  Will they be helping you out with living costs, too (e.g., assisting with trips home or covering your phone bill)?

TALK ABOUT THEIR EXPECTATIONS WHILE YOU’RE AT SCHOOL.
  Do they want you to get a job?
  Do they expect you to maintain a certain GPA or graduate on time?
  Do they require access to your bank account or student charge?

REVIEW THE COSTS OF GOING TO YOUR SPECIFIC SCHOOL.
  Discuss education expenses like tuition, books, your dorm and meal plan.
  Review extras like insurance, gas and other living costs.