Summer To Do List

I’m well aware the summer is sacred and should be filled with all things fun and making some dollars as well. Unfortunately there are a few important things that should be added to your summer to do list that really aren’t that fun but definitely necessary. Recently after reading a great blog post about Student Loans by Latisha at Young Finances I realized student loans should be on my to do list ASAP.

summertodolist

Summer To Do List – The Necessary but Boring Stuff

1. Check in on your student loan totals

Especially as a recent grad this is critical, you need to figure out exactly what you owe and when interest will start accumulating. For some reason the website that I used every year to apply for OSAP is not the same place I use to figure out my total loan due…thanks for the confusion. For all Canadian students, check out the National Student Loans Service Centre, make an account and figure out the total you owe and your loan status. You don’t want any surprises.

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2.  Budget

Yup, I went there. I know from my previous summers that as soon as I start bringing in money from my summer job, spending limits go out the window. Make sure you figure out how much you need for the school year..and be realistic, and make sure you put that money away. Also take into account that you may want to travel after graduation, the more in advance you start saving the more money you’re likely to have.

3. Check-in on your bank account

For those that have recently graduated your student bank account may expire/change. When this happens you’re likely going to have fewer monthly debit transactions, and fees! Keep on top of this because you don’t want to lose money on fee’s you could have avoided.

4. Take a Summer Course

If you either want to get ahead or have fallen behind a summer course might be a really good option for you. This means studying, doing homework, midterms and exams, but in the end it’s all for the best.

I’m sure the list could go on, but I don’t want to overwhelm anyone here. Keeping track of things like student loans and your bank accounts will definitely help save you hundreds of dollars in interest or fee’s. It’s not fun but having that not so fun summer to do list is key to financial awesomeness.

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  • Fionna Merciollis

    Whenever I read Summer To Do list, the first thing that I
    read include ‘I’ll spend my weekdays in my pajamas’, ‘cook something delicious’,
    ‘create something original and then showcase it’, ‘throw a pool party without
    any reason’, and many more. When I stumbled upon this blog post, I was
    expecting something like these suggestions or lists. But after I started
    reading the blog, I found out that this is surely is written with a different
    perspective that is gonna help me with my finance for sure. So, this doesn’t
    include some insane to-do list I’ve become used to reading. Thanks for such a
    wonderful and rightly guiding to do list especially this summer. Just to let
    you know that I’ve already started pursuing one of the internet marketing
    courses this summer, which I hope will improve my employability in the coming
    years.
    Currently working as Consultant at https://www.cornertrader.ch/en/trading-insight-support/tutorials/categories/forex-tutorials/index.html

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  • When I was in university I hated the idea of taking a summer course, but in my last two years I caved because I wanted to graduate on time and I actually really loved taking courses in the summer. It’s just a bit more exciting, less stressful, and fun.

    • I’ve heard some rave reviews from friends who have taken summer courses, plus the campus is usually less busy. Unfortunately the only course availability for my program wasn’t the best or I definitely would have done it!

  • addvodka

    I went to school for the full year when I was in college. I’d take a full course load in the summer, so I could graduate earlier. It worked out well. Summer classes were a bit easier because there were a lot fewer students.

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