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(742)

90: From Unplanned Pregnancy to Financially Free with Melissa from Traveling Wallet

90: From Unplanned Pregnancy to Financially Free with Melissa from Traveling Wallet

When Melissa found out she was pregnant, she was a sophomore in college. Her counselor gave her a pretty alarming statistic: a frighteningly small number of women who get pregnant in college actually ...

16 Sep 20191h 5min

89: Retire Before Mom & Dad, with Rob Berger

89: Retire Before Mom & Dad, with Rob Berger

Rob Berger grew up literally with Rich Dad, Poor Mom. While his mother almost lost her house after his parents divorced, his father was filthy rich, picking him up in a Rolls Royce for weekend visits....

9 Sep 20191h 4min

88: Consciously Choosing to be Debt Free with Ashley Likely

88: Consciously Choosing to be Debt Free with Ashley Likely

Ashley Likely grew up with parents who provided everything she needed, but not necessarily everything she wanted. They were able to pay for her housing in College, but not for much else. So (spoiler a...

2 Sep 201952min

87: How to Save Money For Your Downpayment with Scott & Mindy

87: How to Save Money For Your Downpayment with Scott & Mindy

In Episode 83, Scott and Mindy discussed how to buy your first property. And they were peppered with questions about the buying process after it came out, but the top question they got was “How do you...

26 Aug 20191h 7min

86: Choosing the Right Investment Type for Your Goals with David Stein

86: Choosing the Right Investment Type for Your Goals with David Stein

David Stein reached out to us after Erin Lowry’s Episode 81, where we talked about the basics of investing. He really liked that episode, and wanted to dive a little further into the different TYPES o...

19 Aug 20191h 10min

85: From Financial Disaster to Financially Free with Jacob Wade from I Heart Budgets

85: From Financial Disaster to Financially Free with Jacob Wade from I Heart Budgets

Jacob Wade knew nothing about money growing up. Any money he made at his mall jobs was instantly blown on mall food and silly teenage expenses. His father passed away when he was 4, leaving him an inh...

12 Aug 20191h 20min

84: Traditional Retirement: Social Security, Market Conditions & Managing Expectations with Kyle Mast

84: Traditional Retirement: Social Security, Market Conditions & Managing Expectations with Kyle Mast

Kyle Mast first visited us on Episode 41 of the BiggerPockets Money Podcast, and he BLEW US AWAY with his suggestions, ideas, tips and tricks for early retirement. Kyle is back again today to talk mor...

5 Aug 20191h 20min

83: Buying Your First House with Scott & Mindy

83: Buying Your First House with Scott & Mindy

Buying your first home - either an investment or a primary residence - can be scary. This is a HUGE purchase, and no one wants to mess that up. But buying a house doesn’t have to be scary, if you’re p...

29 Jul 20191h 20min

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