Ways to Prepare and Save for College Living Expenses

Our weekly #CreditChat started in 2012 to help our community learn about credit and important personal finance topics (e.g. saving money, paying down debt, improving credit scores). Each chat is hosted by @Experian on X (formerly Twitter) and all are welcome to participate. DM us any questions.

Calling all future college students and parents! Join this week’s #CreditChat for strategies to prepare and save for college living expenses. From budgeting tips to savings strategies, we’ll explore actionable ways to make your college move-in day affordable. Don’t miss this chance to learn from experts and share your insights with others.

Topic: Ways to Save and Prepare for College Living Expenses

When: Wednesday, August 2, 2023 at 3 p.m. ET.

Where: Join the live hashtag discussion

The panel will include: Lawrence Sprung: CFP® and Author of Financial Planning Made Personal; Robert Farrington: America’s Millennial Money Expert® and America’s Student Loan Debt Expert™, and the founder of The College Investor; Ted Daniels: Founder of the Society for Financial Education and Professional Development (SFE&PD); Alicia R. Hudnett Reiss: Certified Financial Planner™, Personal Finance Expert and Founder of The Business of Your Life; Erika Giovanetti: Loans Expert and Reporter at U.S. News covering mortgage news, student loans, consumer debt and spending; Rod Griffin: Senior Director, Consumer Education and Advocacy, Experian, Jennifer White: Consumer Education and Advocacy Team, and Christina Roman: Consumer Education and Advocacy Manager at Experian.

Gift Card Giveaway

Enter here for a chance to win a $50 Amazon gift card! We will be announcing a winner at the end of the chat. Entry Period: Raffle open now and closes at the end of this chat at 4 p.m. ET.Complete rules here.

Questions we will discuss:

1. What items should you include in your college living expense budget?
2. How do you identify the most cost-effective living arrangements for yours or your child’s college experience?
3. How can you find financial aid or grants to help you offset your living expenses?
4. How can you save on furniture and décor?
5. What should you know about signing up for utilities? Are there advantages to having utilities in your name?
6. What are some common personal expenses (e.g. toiletries, clothing, entertainment) that students should consider when budgeting?
7. Why should you consider having renter’s insurance?
8. How can you decide how to pay for food (meal plan, groceries, etc.)?
9. How can you find flexible part-time work options to help you make ends meet in college?
10. How can parents or guardians equip students with financial literacy knowledge before they move out for college?

Check out our complete list ofupcoming personal finance Twitter chats here.

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