Blog Posts by Caitlin Gong

Okay, so you're in college but wondering how exactly you should be managing your money. Which is better--a credit card or a debit card? What about checking and savings accounts--when's the right time to get one and how should I maintain it? How about budgeting--what exactly is involved in that? As a recent college graduate I've learned from the experience of my older brother about spending more than you had and not knowing how to budget kills you during the college experience. You need to know how much you have to spend before you decide to blow it on random things you might not even use.
A first step in managing money is of course learning how to budget. Budgeting often involves listing the expenses you have monthly and seeing how much money you will need to save to meet these expenses. If you have your own bank account, this is simplified by glancing at your bank statement which lists the expenses you've accumulated over the past month. This will help you see whether you have