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CU Money Sense: 5 tips to save more money this summer

Now that you have a summer job lined up, how are you going to save some of those Benjamins so you can be financially prepared for college next year?

Read more about summer employment

5 tips for finding a summer job

Make the most of your summer employment by finding a job or internship that is right for you鈥攑airing your summer work experience with your degree can help you in the long run, too.

Tips for building the perfect r茅sum茅

Employers often spend only 30 seconds scanning a r茅sum茅. Follow these quick tips to make sure your r茅sum茅 is a compelling depiction of your skills and experiences.

Here are some money-saving tips for your summer employment.

  • Live at home. Saving on rent and food can be a big boost to your bottom line, as these are often your biggest expenses.
  • Set a savings goal. Do you want to save 50 percent, 75 percent, 90 percent of each paycheck? Set a goal and stick to it. Watch your savings pile up over the course of the summer.
  • Work at a place that provides room and board. Jobs such as a summer camp counselor often provide room, board, a nice paycheck and memories and friends that will last a lifetime. It鈥檚 easy to save close to 100 percent of your paycheck when the necessities are provided by work.
  • Create a budget. The most important step in achieving any financial goal is the budget. Proper budgeting and knowledge of where your money flows allows you to set aside your surplus for saving, investing and important purchases.
  • Have fun! The school year is long and stressful. Remember to have fun, relax and burn some stress this summer. We鈥檒l see you next year.

If you are still looking for a summer job, check out Handshake for summer jobs and internships.