July 30, 2014

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Students should set up and follow a budget

One financial goal for students is to have money at the end of every month. These tips from the Kentucky Higher Education Assistance Authority (KHEAA) may help you set up a budget to track the money you make versus the money you spend.

Knowing how and when you get your money and where you spend it is the foundation of financial planning. You create a budget by estimating how much money you’ll make each month and how much you’ll spend. It’s a great way to avoid running out of money when you need it most.