Secrets to College Student Budgeting – Budgeting for College Students: In this episode of The Finance Couch, Ross Mac helps a college student budget her monthly scholarship income. So, you have a scholarship or another form of monthly income that you need to use. How do you spend it appropriately? In episode 5 of The Finance Couch, we meet Paula Shen, a 26-year-old from Los Angeles, who seeks advice on making her scholarship money last through the semester. Ross emphasizes the importance of budgeting and planning for both regular expenses and special goals. He breaks down how to allocate scholarship funds monthly, ensuring there’s enough for essentials like rent and groceries, as well as for occasional splurges like a big spring break trip.
Ross advises Paula to keep track of her monthly expenses and adjust her budget to save for larger expenses, highlighting that understanding and managing finances is a crucial skill that will benefit her throughout life. The Finance Couch was produced by Million Stories and sponsored by Experian #FinanceCouchExperian.

Watch this video, “Secrets to College Student Budgeting” to learn about budgeting and catch more episodes of The Finance Couch on Finstream.TV here: https://www.finstream.tv/videos/the-finance-couch/

Whether you’re in college or you’re about to start, this advice will help you keep your finances on track.