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Graduation Is Coming - Have You Been Saving?

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Graduation Is Coming - Have You Been Saving?

It’s never too early to save for college. Some parents start college funds even before their kids are born. If you have yet to jump on the savings train, it’s not too late to get serious about saving while in high school. The average cost of in-state tuition is around $10,000. Every dollar that you can save now will make a difference in the long run. 

Beef Up Those Grades

If there’s any time to hit the books, it’s now. Grades never mattered as much as they do in high school. Colleges will look at these to determine scholarships and admission to their programs. Even though getting good grades takes some effort and dedication, it will help you so much in the long run. Not only will you be a better college student, you may get offered more scholarships!

Get Involved

Don’t shy away from putting yourself out there! Sign up for extracurricular activities whether they are academic or athletic. Colleges will like that you have interests outside of the classroom. They may notice that you’re a team player, creative or like to challenge yourself. 

Look for a Side Gig

Don’t turn away from a part-time job! Any money you are able to save now can make a difference, especially if you’re able to work all four years. Even if you make $400 a month, that is potentially close to $20,000 you can have by the time you graduate. 

Take AP and College Courses Now

Advanced placement classes are incredibly challenging. However, if you’re able to take them and do well on the final exams, you can earn college credit for free! Think about how great it would be if you could cut down your college years by a year or more! 

Start Scouting for Scholarships 

Another side job you should consider is researching and applying for scholarships. There are scholarships for nearly everything - even being left-handed! Consider spending an hour writing a scholarship essay, and you could end up receiving $1,000. You just made $1,000 an hour. 

Start Saving Now

Others may want to open a savings account or CD to start earning as much as possible. Set monthly savings goals – you’ll be surprised how quickly it can add up. To learn more about ways to save or to start a savings plan, contact us at Peoples Bank of Kankakee.