M.A.Y.A. Special College Career Edition ( Part Three)M.A.Y.A. Special College Career Edition ( Part Three)
M.A.Y.A: My Ambition Your Ambition
College is one of the most important times of a young adult's life. The transition from a parental guided life to independence can be exciting and at the same time, overwhelming. Part Three: The Freshmen Financial Challenge, dives into the financial...
1:04:35•25 Sept 2020
Navigating Freshman Finances: Tips from Maya Akai and Catherine Okoroh
“So many kids are in debt coming out of college. And I'm pretty sure for most college freshmen, the word budget is not even in their vocabulary because all through high school no one made them budget anything.”
Transitioning to college is a thrilling yet challenging time for young adults, especially when it comes to managing finances. In this insightful episode of 'M.A.Y.A: My Ambition Your Ambition', host Maya Akai is joined by Catherine Okoroh, Vice President of Mortgage Lending at Guarantee Rate, to tackle the financial hurdles that college freshmen often encounter. Catherine brings her wealth of experience to the table, offering practical advice on avoiding common financial pitfalls.
From understanding student loans to managing credit, this episode covers it all. You'll learn about the importance of financial literacy, a skill often overlooked but crucial for long-term stability. Catherine shares resources like Fastweb for scholarships and internships, providing a roadmap for financial success. The discussion also touches on effective class scheduling and making the most of student refunds, ensuring you get the most out of your college experience.
Whether you're a student or a parent, this episode is packed with valuable tips to help you navigate the financial landscape of college life.
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