Over break, I had to do a lot of financial accounting. Not just for school, but for my own personal financial health as well. :) As a college student, I know what it's like to wait for my scholarship to come in and figure out how to buy the dress I've been wanting and have enough money left for rent. :) One of my New Years Resolutions is to be smarter with money-and it couldn't come at a better time, right? :)Now, as I start my first semester in graduate school as a combined degree student-my financial health is only getting more and more complicated. Tuition and books are more expensive and the scholarship has special notes about what can be spent on graduate courses...and then comes the stress of figuring out what to do after college. Getting a job, making money, being out on my own...paying for my own things without a scholarship. :) Complicated.
Fortunately for us, we don't need to hire a personal accountant to make balance sheets and income statements and other financial statements reflecting our personal growing or shrinking bank accounts. And, we don't have to spend hours and hours keeping up a journal of every one of our transactions.
Mint.com can take care of all that. :)
If you have never heard of it, you should type in in google right now and set up an account! It's completely free and they will do cooler financial statements than you could ever do on your own. Check out your pie charts of transactions based on categories or stores-check out what all of your accounts have in them and what you can do to start thinking of paying back student loans. Or, check out suggestions about opening a CD and investing, or buying stock!
As a generation growing up during a time of economic waves, it's time we start to really understand our personal financial health. And, it's time you took responsibility and checked out this site. I've been using it for years-and trust me, you won't find anything better.
Picture from: http://arstechnica.com/old/content/2008/10/hands-on-mint-com-vs-quicken-online.ars


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