Finding Money For College to Retire - Students Financial Help - Part II

Throughout my speeches, I've constantly been asked by students how it is possible to graduate college with retirement ability. How can you use money for college to retire? Is this even possible? College is the greatest investment in the world IF you approach it intelligently the right way. This article provides students financial help by introducing you to an evolutionary way of thinking and approach which can have you graduating with the ability to pursue any passion you may have while not worrying about how next month's bills are going to get paid, or trying to keep up with the economic turmoil and the dreadful avalanche of student loans.

First off, picking up from Part I, what other ways are there for finding money for college to retire? Well you can't get rich if you're not taking the step of receiving income. Similar to what is said about the United States, college is definitely the 'land of opportunity' to achieve this step easily. Think about this for a second. What are you going to college for? What are you good at? What do you have which can benefit other college students? Use those answers to make money for college to retire. For example, I know individuals who braid hair as a hobby. I'm a great writer, and I used to charge my friends to write their essays. Utilize the fact that many students are lazy to your advantage. You may also charge for typing up papers. If you have a car, you can charge people to drive them places, and make a profit after the expense of gas. Perhaps you speak a particular foreign knowledge, and can charge others for lessons or tutoring. I know a few students who clean up places for their friends after house parties. College brings tons of opportunities! Get creative. With financial aid, the scholarships, loans, work study, part time jobs, and other creative 'side hustles', making money in college is really easy. The problem, which is also the solution to using college as the greatest investment, is keeping and building that money while in college. I continuously hear college students say they're broke, but whose fault is that? It's our own faults. It takes a commitment and sacrifice of everything you're used to in order to become successful (whatever that means to you).

I always tell my peers to treat college as a business. With all of the temptations to act like a party animal, or just a study robot, many of us don't realize how profitable college can actually be for our financial futures. Finding money for college to retire is easy. Making intelligent decisions with that money in college is the issue. College is the greatest investment because while we're in college, we have not yet been hit with the ultimate hardships of life. Now this isn't true in all cases, but majority of Millennial college students aren't yet hit with mortgage payments, huge families to support, and trying to outrun the economic turmoil with 9-9 jobs for starters. We also have an ample amount of free time to really pursue our passions and establish a secure financial position. Time is your most precious asset, and needs to be spent productively. Saving money in college, and investing into 'income-producing' ventures are the keys.

I know certain businesses where you can join for $40 and make a significant stream of income just by doing what you're already doing. Those huge financial aid checks don't mean shopping sprees and rims for your cars. It doesn't mean clubbing every weekend. Use money for college to succeed, not financially fail. I know plenty of students who receive checks after their tuition and bills are paid for, and spend it on physical things which are only for temporary pleasure and no income producing value. Remember that the parties and everything else will still be there when you get out of college. The real fun begins when you graduate college, don't have to struggle to get a job you dislike, and don't have to worry about how next month's bills are going to get paid. Treat college as a business, where you are meeting wonderful people from all around the world, building relationships, pursuing your passions, and establishing a wonderful life for yourself. Stop spending money on what you don't need while in college. Live under your means. This is the best time to do it! Live to help others to the best of your ability, but definitely not try to impress them. The most impressive life is one lived to impress its owner. Physical things don't determine wealth.

Your knowledge and soul desire to help others speak louder and make more of an impact than cars, clothes, jewelry, etc. Use money for college to succeed, not financially fail. Mark down everything you need (not want) and shop around for the cheapest prices. Yes I am saying to be cheap while in college. This is just a few years of your life. The fewer expenses you have, the better. Determine your return on investment (ROI) with every decision. This just means that if what you get is not worth more than the initial investment, then don't do it. Don't overdraft in your account trying to impress your dates. Trust me romantic walks to a few spots on campus at nights are much more impressive. Think about how lovely the rest of your life will be, and how much fun you will have, if you just saved and invested the money you receive in college.

College is majorly portrayed in the media, especially with African Americans, to be a fun party environment. Then we wonder why graduates aren't truly equipped with all the knowledge and skills necessary to truly evolve in their lives and professional fields. We wonder why the economy is in turmoil. We wonder about the future of future generations. Well it's time college be portrayed as a place of opportunity and prosperity where passions are to be pursued and dreams can become reality IF it's utilized efficiently. Use money for college to succeed, not financially fail. For these reasons, it is definitely possible to completely redefine college graduation AND retirement. Finding, saving, and investing money for college to retire can be achieved. I wish you all of the college student success, happiness, and prosperity in the world!