Study and Critical Thinking Skills in CollegePart One:College:Strategies for SuccessChapter 4:Managing Your LifeManaging Your FinancesAssessing Your Needs and Spending Patterns•Income needed per semester:tuition and fees, housing, food, books andsupplies, insurance (health and car), transportation, clothing/personal care items,other essentials (child care, laundry, etc)•Sources of income per semester:savings, part-time job, scholarships/grants,student loans, parental supportDecreasing Your Spending•Do things yourself instead of paying others.•Prepare your own food.•Use coupons; shop for sales.•Reconsider your housing arrangements.•Avoid credit card finance charges.•Walk instead of drive or ride.•Seek free forms of entertainment.Increasing Your Income•Student loans•Student grants and scholarships•Part-time jobs•Check with your employer•Selling possessionsDeveloping a BudgetUsing Credit Cards Cautiously•
