Yesterday, we ran a pilot workshop at Humphrey College (U of M). Target group: international students who come and study in the US for one or several years. Challenges are many: from understanding a new and different financial system with its specific vocabulary and challenges (especially credit cards offers), to living on a tight budget, or managing daily life expenses and tuition- for some of them, this is the first time they leave their parents and manage their expenses. Besides, many of them are worried about how they will pay back their students’ loan (stress shared by their American co-students).
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| identifying the main issues |
managing and planning a limited resource: time
a similar skill as managing money
analysing various cases and expense types
tips to control spending by expense type
budgeting is fun!