Can you do what you need to do with the resources your have? Resources, your resources, can be generally reduced to two essentials: money and time. How much do you have of each. Right now, chances are you have less of both. You are probably spending more time to get the same amount of money. Which means less time for -what? Well OK. What? Less time for friends. Less time for studying. What are you now trading your time for now? If your priority is getting back to earth from Planet College then you have the time to spend on that effort. Friends can become a study group. A text book brought to work can be useful on breaks and lunches. Less time because of work? Use what time you do have efficiently. Make it count towards your graduation.
You can do more with less.
Showing posts with label cash. Show all posts
Showing posts with label cash. Show all posts
Saturday, February 7, 2009
Friday, April 4, 2008
Staying off of The Paycheck Loan Wheel
Remaining off of the Paycheck Loan wheel usually requires some help. Initially, you may be unable to pay the outstanding balances on the paycheck loans. As suggested below contact the lender and discuss re-payment possibilities. It can be very helpful if you have a plan and even can make a payment, however small. If you do arrange a re-payment schedule be vigilant about sticking to this plan.
Now, as a student who works, you may still be borderline poverty stricken. You may not be aware that there are often sources of cash available on campus for students. Some colleges have emergency loans for registered students. Some departments have similar programs. At one campus locally these amount to $200.00 for part-time students and $400.00 for full time. Additionally, campus clubs and organization sometimes have a few bucks available for members. These funds are almost always loans. So, once again remember these loans have to be paid back.
There is more. Staying off The Paycheck Loan Wheel takes maintenance. This maintenance includes diligence and support. Clearly as a student you are almost always in need of money.
If you have survived The Paycheck Loan Wheel you have paid for an expensive lesson in personal finance. Recognizing this can assist you in developing an awareness of your spending habits. Since money management has now become a priority some assistance might be useful.
Locally, maybe even on your campus, there are groups and sometimes even individuals who can offer help to students with money management. Sometimes this help is a support group. Sometimes this help is counseling. Maybe even a friendly talk with someone on campus, a finance instructor, a financial aid worker, someone you know in the Bursur's office, could provide clarity.
Just to review; avoid any further short term debt. Arrange a realistic payment schedule for that debt which you have. Explore campus sources for short term cash help. Survey the campus community for individual or group financial management support. This help could be a class, a group or individual counseling.
And one final Planet College Tip. When ever you get any money, paycheck, gift, tip, grant, loan or whatever put some portion of it into your own personal savings account. No matter what and no matter how small, even if it is only a dollar, whenever you get any income at all put something into a savings account. This simple habit will definitely help your own money security factor.
That's it. Get off the Paycheck loan wheel through a doable re-payment plan. Stay off the Paycheck Loan wheel by getting help. Finally, Whenever you get any money at all put some in a savings account.
You know how hard you work. So you know how hard money is to get. Now you know money is even harder to keep than it is to get.
Now, as a student who works, you may still be borderline poverty stricken. You may not be aware that there are often sources of cash available on campus for students. Some colleges have emergency loans for registered students. Some departments have similar programs. At one campus locally these amount to $200.00 for part-time students and $400.00 for full time. Additionally, campus clubs and organization sometimes have a few bucks available for members. These funds are almost always loans. So, once again remember these loans have to be paid back.
There is more. Staying off The Paycheck Loan Wheel takes maintenance. This maintenance includes diligence and support. Clearly as a student you are almost always in need of money.
If you have survived The Paycheck Loan Wheel you have paid for an expensive lesson in personal finance. Recognizing this can assist you in developing an awareness of your spending habits. Since money management has now become a priority some assistance might be useful.
Locally, maybe even on your campus, there are groups and sometimes even individuals who can offer help to students with money management. Sometimes this help is a support group. Sometimes this help is counseling. Maybe even a friendly talk with someone on campus, a finance instructor, a financial aid worker, someone you know in the Bursur's office, could provide clarity.
Just to review; avoid any further short term debt. Arrange a realistic payment schedule for that debt which you have. Explore campus sources for short term cash help. Survey the campus community for individual or group financial management support. This help could be a class, a group or individual counseling.
And one final Planet College Tip. When ever you get any money, paycheck, gift, tip, grant, loan or whatever put some portion of it into your own personal savings account. No matter what and no matter how small, even if it is only a dollar, whenever you get any income at all put something into a savings account. This simple habit will definitely help your own money security factor.
That's it. Get off the Paycheck loan wheel through a doable re-payment plan. Stay off the Paycheck Loan wheel by getting help. Finally, Whenever you get any money at all put some in a savings account.
You know how hard you work. So you know how hard money is to get. Now you know money is even harder to keep than it is to get.
Monday, March 31, 2008
The Paycheck Loan Wheel.
Most students on Planet College are employed. Mostly part-time but employed nonetheless. Some times more than one employer. And the end result, the idea, the purpose is a paycheck. This check is supposed to cover at least most of the ongoing expenses related to life and school. It seems it almost never does.
And that is where the paycheck wheel begins.
Nationally for some times businesses have been flourishing which offer payday loans. The are usually storefronts and they often provide additional financial "services" such as cashing checks, sell money orders.
The pay day loans are usually in the form of a post-dated check. This is the procedure. The customer writes a check for a certain amount. They then date it for sometime in the future. Usually this date is on or after the customer's next payday. The total amount of the check includes a fee.
Practically it works this way. A student needs some quick funds, say $100.00. They then got to the payday loan company and there usually fill out some paperwork. The paper work includes their employer and other personal financial information. Once this paperwork is processed they can write the postdated check. The check will include the check cashing fee. In the state in which this is being written the fee is commonly $16.00. Thus the total of the check is $116.00.
The student then leaves the business with $100.00. Some time later, usually after the students next payday, the business cashes the check.
That is how the paycheck wheel starts.
And that is where the paycheck wheel begins.
Nationally for some times businesses have been flourishing which offer payday loans. The are usually storefronts and they often provide additional financial "services" such as cashing checks, sell money orders.
The pay day loans are usually in the form of a post-dated check. This is the procedure. The customer writes a check for a certain amount. They then date it for sometime in the future. Usually this date is on or after the customer's next payday. The total amount of the check includes a fee.
Practically it works this way. A student needs some quick funds, say $100.00. They then got to the payday loan company and there usually fill out some paperwork. The paper work includes their employer and other personal financial information. Once this paperwork is processed they can write the postdated check. The check will include the check cashing fee. In the state in which this is being written the fee is commonly $16.00. Thus the total of the check is $116.00.
The student then leaves the business with $100.00. Some time later, usually after the students next payday, the business cashes the check.
That is how the paycheck wheel starts.
Wednesday, January 16, 2008
Need $, how about teaching?
Every student on Planet College needs money? It's continuous. In fact it will be a lasting need long after graduation. Right now most of us do several things to get money. Mostly some kind of work. Usually this work is part time. Well, still we could all use a little extra cash now and then so consider this. Teaching or tutoring? Surprised? Haven't thought of yourself as a teacher. Most average students don't. Still there may be some skill you have which someone will pay to learn. Martial Arts, Guitar, Cheer dance, there are lots of them. You can teach or tutor on your own schedule. Parents are often happy to have a college student assist their child with their homework or in a particular subject. By the way the difference between teaching and tutoring is the number of students. If you have one student at a time you are a tutor. If you have more than one you are a teacher. By this time you've been through enough teaching situations to know how it goes. Set a regular time for you lesson. Develop guidelines for the student or student. Find out what a fair fee to charge in your area for teaching your skills? Post a notice on bulletin boards virtual or real announcing that you are available. Remember this is money in your pocket directly. No middleman like your regular paycheck. YOU take care of it all. Give it some thought.
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