229: The 6 Money Mistakes High School/College Students MUST Avoid

229: The 6 Money Mistakes High School/College Students MUST Avoid

Most college students know next to nothing about money. Even worse, many of them sign on to expensive student loans with almost no plan on how they’re going to pay it back. While this is the average, some people, like Nathan Kennedy, host of The New Money Podcast, did things differently. Although he overspent a bit going out in college, Nathan graduated with a degree and $40,000 in cash, a MASSIVE amount for any college student. Through applying for grants, working at on-campus jobs, and collecting tip money as a bartender, Nathan was able to graduate in a solid position, allowing him to invest heavily in the stock market during the 2020 crash. Now, Nathan teaches others how they can strengthen their financial position through hard work, planning, and constant content consumption. If you have children who are in high school, college, or are newly graduated, send them this episode so they can have a leg up on future finances! In This Episode We Cover The importance of tracking your expenses and budgeting properly Vision boards, daily logs, and other ways to plan for your success Pursuing grants and scholarships WHILE school is in session Becoming a constant content consumer Money mistakes that many college students make (and how to avoid them) Making time for health, fitness, and no-phone relaxation And So Much More! Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(743)

136: Secrets of a Money Savvy Family with Doug Nordman and Carol Pittner

136: Secrets of a Money Savvy Family with Doug Nordman and Carol Pittner

Doug Nordman wanted to teach his daughter about money. But he knew that to get it right, he’d have to start when she was very very small. So he did. First, he taught her how to count, then he taught h...

3 Aug 20201h 24min

135: Building Wealth through Real Estate... without Tenants or Toilets! with Seth Williams

135: Building Wealth through Real Estate... without Tenants or Toilets! with Seth Williams

Seth Williams invests in real estate in a way you may have never heard of before. He buys and sells land. And no, he’s not a developer. He literally buys a piece of blank dirt, and then sells it—frequ...

27 Jul 20201h 13min

134: Paying Off Debt - And Avoiding Debt Relapse with Chris Browning from Popcorn Finance

134: Paying Off Debt - And Avoiding Debt Relapse with Chris Browning from Popcorn Finance

Chris Browning had dreams of creating movies for Pixar - until he started art classes in college and realized that wasn’t his calling. He was also taking a personal finance class and thoroughly enjoye...

20 Jul 20201h

133: Retiring Early Doesn't Have to Be All-or-Nothing: "The Art of Subtraction" with Doc G

133: Retiring Early Doesn't Have to Be All-or-Nothing: "The Art of Subtraction" with Doc G

Doc G wanted to be a doctor since he was eight years old. He went to medical school, started his career and quickly realized he actually didn’t like all the parts about being a doc - and didn’t know h...

13 Jul 20201h 33min

132: Financial Independence Without a College Degree with Marquez Griffin

132: Financial Independence Without a College Degree with Marquez Griffin

Marquez Griffin graduated from high school but did not feel that college was his path. His uncle worked in a sheet metal shop, and was able to get him a job there. He quickly learned that taking a bit...

6 Jul 202054min

131: Investing Made Simple with Kevin Matthews II

131: Investing Made Simple with Kevin Matthews II

Kevin Matthews II started paying attention to finance way back in 6th grade - because his parents said they wouldn’t buy him any more video games, he’d have to buy them himself. Kevin’s parents tellin...

29 Jun 20201h 6min

130: Refusing to Retire at 65: How a Couple in their 40s Managed to Hit FI in 12 Years with Susan and Norm

130: Refusing to Retire at 65: How a Couple in their 40s Managed to Hit FI in 12 Years with Susan and Norm

Susan and Norm got married a little later in life. They started off basically flat, with debts equalling assets. Neither wanted to have the debt, and focused on paying it off and building an emergency...

22 Jun 20201h 26min

129: How to Teach Your Children About Money with The Budgetnista Tiffany Aliche

129: How to Teach Your Children About Money with The Budgetnista Tiffany Aliche

Today, we welcome back the Budgetnista, Tiffany Aliche. When we spoke to her way back in episode 8, we heard her story of an investment gone wrong and how 2008 really threw a monkey wrench into her li...

15 Jun 20201h 2min

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