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OPEN A SAVINGS ACCOUNT

Saving money is probably the last thing you’re thinking about—you’re trying to live it up and eat more than just ramen noodles for every meal, after all. However, opening a savings account doesn’t require a lot of money, and it gives you a baseline to build positive financial habits. Look for a local bank that caters to college students, as they’ll typically offer options such as no-fee ATMs, free online banking, free bill pay, and more. You can set up an automatic savings plan to move small amounts of money to your savings account each week—for instance, if you save $10 a week for a year, that’s over $500! You can also check out investment apps such as Chime or Qapital, which round up your purchases to the nearest dollar and put that sum in a savings account for you. When you prioritize saving money, you can lessen any financial burdens while creating a nice nest egg for emergencies and expenses, both in school and after graduation.