Top 10 Money Mistakes

  1. Making poor credit card choices
    • Don’t be fooled by campus solicitations
    • Read the fine print
    • Pay off the balance each month

  2. Spending money due to peer pressure
    • Focus on campus activities with food and t-shirts
    • Stick to the meal plan
    • Rent movies, campus movies, matinees

  3. Not setting a budget
    • Plan ahead, know how much money you can spend each month

  4. Not seeking out the best bank rates
    • Research banks with free checking and savings accounts

  5. Overpaying for school
    • Select a smaller meal plan
    • Choose a less expensive apartment or residence hall
    • Buy and sell used books to friends or the bookstore

  6. Not keeping track of bank account balances
    • Balance your checking accounts

  7. Lending money to friends
    • This includes picking up tabs

  8. Failing to research product pricing before purchasing
  9. Not planning for the future
    • Money invested in retirement funds will grow with interest
    • Getting started early will pay off later

  10. Not having a part-time job
    • Earn extra money and prepare for life after college

Source: National Student Loan Program

Featured in Plymouth Magazine

Example Image

The Best Job Perk Ever

 An Interview with Donald Hall ■ Diane Jeffrey ’97, Director of the Silver Center for the Arts When I tell people that I am director of PSU’s Silver Center for the Arts, they often say “That sounds like fun!” Not only do I confirm their suspicions, I often tell them about the fascinating people I […]

Example Image

From Korea with Gratitude

When Dan Lee stepped off the plane in California back in 1990, the 20-year-old South Korean émigré was seeking the American dream. After earning an advanced degree in economics, he accepted a job offer at PSU, believing the small-town New England setting would be a good place to raise his young family. As an associate […]

Example Image

Giving Back Is Its Own Reward

Servant Leadership: The Key to Business and Success » By most measures, Colin Graham ’01 is a success. But giving back to his alma mater, including the endowment of a university scholarship, provides an opportunity to display the type of leadership that defines him best. Graham counts success as finding whatever feeds one’s heart and […]