by Nicole Ryan, Student Blogger
I know what you are probably thinking, "I'm way to young to start saving for retirement." You're college students with your whole lives ahead of you, why start thinking about something so far down the road now? Well, the truth of the matter is that right now, time is on your side. It doesn't matter how much you put away, it could be as simple as five dollars a month. No matter how much it is, getting an early start on saving for retirement can only benefit you in the end.
Starting Early: Obviously, the earlier you start saving, the more money you will be able to save. Starting early with a retirement savings will help you through those rough patches where you really can't afford to save, job changes, and spares you the fear and stress of having to scramble to start saving when you're getting closer to nearing retirement.
Compound Interest: If you are saving your money in an account that gives you compound interest, you will have plenty of time to actually receive the benefits compound interest can offer.
Starting Good Habits: Beginning to save for retirement now can help you develop beneficial saving habits that you can carry with you throughout your life. Learning these habits now can help you avoid financial trouble in the future.
Preparation: If you start saving now, you'll already know what you need to do to continue to save for retirement once your graduate school and begin working. Not only are you saving, but you're learning at the same time.
Developing Good Credit: Using credit cards may not seem like a way to save for retirement but in the long run it does impact an individual's ability to contribute to a retirement account and/or to take other steps toward a financially secured retirement. If you have credit cards, use them wisely and make sure you make all payment on time and you will be helping yourself save for retirement.
None of us want to think about retirement right now. We're busy being students and trying to get our lives started, retirement is just a far off idea. Even so, whether we want to think about it or not, there will come a day where we are ready to retire and it's important to make sure you are prepared. All it takes is a little bit of saving now, and you could really help yourself out in the long run. Thinking about and planning for the future is always a good skill to have. So, begin saving now so when the time comes to head off to your cozy condo somewhere in Florida, you'll have the money to be able to have a relaxing and comfortable retirement.
by Nicole Ryan, Student Blogger
I think it's safe to say we all enjoy saving money. Especially as we make our way through college, we can find that at times money can be pretty tight. But don't fear! There are ways to save and make your money go farther. One of the easiest, and often over-looked, is student discounts. Almost every place you go, whether it be a store, restaurant, amusement park, and so on has some sort of student discount. All you have to do is present your student ID for some major deals! Here are some sites that can help guide you on what discounts are out there for you!
100 Stores with Student Discounts
This page is great because not only does it give you 100 different locations that offer student discounts but it also breaks them up into categories such as 'school supplies' or 'clothing.'
Ways to Save with Student Discounts
This is another awesome site that give you multiple companies that offer student discounts and what types of discounts those are.
Student ID Discounts via Pinterest
Pinterest is a great place to look up student ID discounts. The site is able to connect you with many other sites and sources of information.
10 Clothing Stores with Student Discounts You Didn't Know About
Here you can find all of the most popular clothing stores and their discounts listed. This is perfect for us students who are trying to maintain a fashionable wardrobe on a small budget. your student discount can save you a decent amount of money at any of these stores.
Some local places in Colorado that offer discounts for student ID's are The Denver Museum of Nature and Science, season passes at almost all the Colorado ski resorts, and admission to the Denver Art Museum.
Being a college student isn't cheap. That's why it's important to know what places offer discounts so you aren't over-spending when you don't need to be. Some of your favorite clothing stores or restaurants could offer student discounts of 10 or even 15 percent without you even knowing! All you have to do is ask!
Stay in the loop with student discounts and you can save some serious money!