My last and final semester of my undergraduate career starts next week! While it is hard to believe that four years has already flown by, I try to establish goals to achieve by the end of each semester. From my experience and time spent here at Connex, I thought I would try to create more finance-related goals instead of my typical “get on the dean’s list” goal.
1. Be strict on my budget. This is a long-term goal that I always try to achieve since I started my first job at 16, but this time I feel like now more than ever, I need to start being smart with my money! A major part of this goal is for me to start monitoring my spending and to try not to spend more than I take in.
2. Save money. Another goal I always keep in mind. I feel that this is extra important because graduation is approaching faster than I’d like to think, which also means I will have to start making payments for my loans. It would be ideal to be able to have a good start after my grace period. Setting up automatic transfers from checking to savings in Online Banking is a great way to start.
3. Understanding my loans. Speaking of loans, I also would like to take the time to understand the loans that I currently have. What type do I have? Federal? Private? What is my interest rate? When do I start paying?
4. Find a job. The most important goal of them all!
I am going to try to achieve these goals by May and it will be such a great feeling to know I stuck to these goals that will help me in the long run.
Do you create goals for a new semester? I’d love to hear some of yours! Please share and comment below.
Lauren Dufour – VP of Unbanking