Save for Today... and Tomorrow, Successfully

Studying for exams, getting together with friends, pursuing your other activities – these are what most college students are focused on. But if you spend a little time now thinking and planning for your future by pursuing some savings opportunities, it will pay off big-time after you graduate.

Let’s say you have some extra cash from your summer job, you can save it now in a variety of accounts that will pay interest. Some of these are even tax deferred. You’ll want to think about your goals, and how much access you’ll want to the money over time. Also you might want to try self-directed investing, usually done online, or if you’re not sure consider advisor-assisted investing. Either way, it helps to read a lot, do your homework and be focused on your ultimate goals.

Here are a couple of articles to get you started:

5 tips for college students interested in investing.

The college student’s guide to investing.