Asking for Job References & Letters of Recommendation? Make a Brag Sheet

Last updated June 30, 2026

In this article

Whether you’re applying for a job or internship, you will most likely be required to submit letters of recommendation or references. Letters of recommendation and references, written by individuals you have previously worked with in an academic or professional setting, can highlight your skills, experience, and qualities that make you a great candidate for the opportunity you’re applying for.

Because letters of recommendation and references are important supplements to your applications, it’s important to give your recommenders as much information about your strengths, skills, and experiences as possible so they can write you the best, most accurate recommendation possible. That’s where a brag sheet can come in handy! Here’s everything you should know about brag sheets– like how they work and how to start creating yours!

What is a brag sheet? How can my brag sheet help my recommender?

A brag sheet is similar to a resume. It’s a place where you can list all of your accomplishments, work and academic experience, leadership skills, extracurricular activities, and employment and volunteer history. Simply put, it’s a high-level overview of all of your relevant experience that your recommender can look at when they’re writing you a letter of recommendation or providing a reference for you.

How to create your brag sheet

Brainstorm

Starting from your first year of high school, brainstorm, write down, and organize your achievements and experiences into categories. These categories can include things like:

  • Academics
  • Leadership
  • Employment
  • Extracurriculars/clubs
  • Awards received
  • Volunteer experience
  • …and more!

Shape your story

Narrow down the experiences in each category to two or three activities that had the biggest impact on you, and then use these activities to create your story. For example, if you are in the drama club at school or act in local theater productions, you might describe your favorite performances, how these roles have helped you grow as a person or an actor, and what your experience was like balancing school with an extracurricular activity. As you weave these stories about your activities and accomplishments throughout high school together, you will have a cohesive, compelling story that shows what makes you unique. That’s your brag sheet!

Send your brag sheet

When someone agrees to write you a letter of recommendation or provide a reference for you, be sure to send them any and all important information about the opportunity you’re applying for. This can include things like what the opportunity is (a college application, a scholarship, a job, etc.) when they will need to submit their letter of recommendation or provide their reference, and when you can expect to have a decision. In addition to all of this information, send along your brag sheet and let your recommender know that they can contact you if they have any questions. Lastly, don’t forget to stay thank you! Be sure to share your appreciation with them for their willingness to make time for you!

Want more tips on creating a brag sheet for your letters of recommendation or references? Connect with a Get Schooled Advisor.

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How to Write a Professional Email

Last updated June 18, 2026

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Whether you’re applying for a job, communicating with educators, or exploring careers, knowing how to write professional emails is essential. In this article, we show you how to write a professional email with a few real-life examples!

Applying for a Job

While many companies use specific hiring platforms for candidates to submit job applications, some may accept applications over email. When applying for a job over email, you will need a few items to make a strong first impression:

  • Your resume. Every job you apply forwill require you to submit a resume. Your resume should include things like your work and volunteer experience, academic history, and skills or achievements. Before applying, submit your resume to us for free review and feedback!
  • Your cover letter. While not every job you apply for will require you to submit a cover letter, we recommend that you write one anyway. You can draft a basic cover letter and tailor it to each position you apply for. Regardless of the position you’re applying for, it’s important to make sure that your cover letter clearly explains your interest in the position and the experiences (work, volunteer, etc.) that make you the best candidate for it. Both your resume and cover letter should be attached to the email you send for the hiring manager’s review.
  • Your professional email. Because you’re attaching your resume and cover letter, your email to the hiring manager can be brief. In your email, you will want to introduce yourself, briefly explain your interest in the position, and direct the hiring manager toward your resume and cover letter for review. 

Sample Email

Subject: Interest in [name of position] at [name of company]

Dear [hiring manager’s name],

My name is ____, and I am a senior at ____. I recently came across the [name of position] opening at [name of company], and I wanted to express my strong interest in this opportunity.

As a self-motivated individual with experience as a [insert job or volunteer experience here], I believe I have the skills and passion necessary to thrive in this role. 

I am eager to learn more about the [name of position] role and how I can contribute to the team at [name of company]. I would appreciate the opportunity to discuss how my background and interests align with the needs of your company.

Attached below are my resume and cover letter for your review. Thank you very much for your time and consideration. 

Best regards,
[your name]
[your phone number]
[your email address]

Emailing Educators 

Whether you need extra support from your high school teacher or have a question for your academic advisor in college, it’s important to communicate clearly, effectively, and professionally with your educators. Read more below to learn how to communicate respectfully with an educator.

Sample Email

Subject: Request to Meet About [name of subject, topic, etc.]

Dear [educator’s name],

I hope you’re doing well. My name is ____, and I’m a ___ student in your ____ class. I’m writing to ask if we could meet soon to discuss [name of subject, topic, etc.]. 

I’m happy to meet during your office hours or whenever is best for you. Please let me know if we can arrange a time.

Thank you for your time, and I look forward to speaking with you.

Best regards,
[your name]
[your phone number]
[your email address]

Requesting an Informational Interview

If you come across someone on LinkedIn or through your network, you can reach out to them to request an informational interview. Informational interviews are one of the best ways to learn more about the career pathway you’re interested in, directly from a person working in it. Read more below about requesting an informational interview. 

Sample Email

Subject: Request for an Informational Interview

Dear [professional’s name],

My name is ____, and I am a student at ____. I am very interested in learning more about [specific field or industry], and I [came across your LinkedIn profile, was put in touch with you by ____, etc.]. 

Given your experience and success in [specific field or industry], I would appreciate the opportunity to conduct an informational interview with you to learn more about your career journey and any advice you may have for people interested in pursuing a similar path. I would love to meet for a 15-20 minute conversation over the phone or on a video call at a time that is most convenient for you. 

Thank you very much for your consideration. I look forward to the possibility of speaking with you and learning from your experiences!

Best regards,
[your name]
[your phone number]
[your email address]

Do you have any questions about writing professional emails? Connect with a Get Schooled Advisor.

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Five Tips for Employees to Practice Financial Self-Care

Last updated September 15, 2025

In this article

For many people, talking about or navigating finances can cause anxiety. However, taking the initiative to learn more about money management and how to wisely save and spend can help you practice financial self-care and reduce some of that anxiety. Here are five tips for practicing financial self-care.

Set clear and realistic financial goals

It’s important to have clear financial goals for the future. Whether they’re immediate goals, like saving $15 per week by making coffee at home, or long-term goals, like paying $50 extra per month on your student loans, having something clear and realistic that you want to achieve is key. We recommend setting a small monthly goal first to give you the momentum to tackle a bigger goal the next month!

Be intentional with your money

Knowing when and how to be intentional with your money can prevent you from overspending. We recommend doing three things before buying something you may not need:

  1. Sleep on it! If you give yourself time to think about it more, you may realize you don’t actually want or need it.
  2. Play “Would I rather?” For example: “Would I rather buy this pair of jeans now or save the money for a new phone instead?” This can help you prioritize your long-term goals.
  3. Consider how much use you’ll get out of the item. Can it be used more than once? Is it practical? Does it bring you joy?

If you’re still undecided, try using the value-based spending formula. When you want to buy something, take the cost of that item and divide it by your hourly pay (if you have a job). For example, if your pay is $15 per hour, a $30 pair of jeans is 2 hours of work. Doing this will help you consider how much you actually want or need that item. 

Set aside money for emergencies

Having a “rainy day” fund, or money purposely set aside for emergencies, can lessen your financial burden if something unexpected happens. If you need to get your car fixed or go to the dentist, you can pull from your emergency fund without throwing your budget off. We recommend setting aside 5-10% of your monthly income to go into this fund, whether it’s putting cash in a separate envelope or opening a second checking account. If your employer pays you through direct deposit, ask if you can split your deposit into two accounts (checking and savings), that way a portion of your paycheck can be deposited into your savings account without even thinking about it. It may not seem like a lot at first, but it could make a big difference in the future!

Budget for expenses that make you happy

Financial self-care doesn’t have to be all about saving! Treating yourself to something every once in a while is a great way to stay motivated. Set aside some fun money each month to spend on something that makes you happy, such as clothes or going out with friends. Use our budgeting guide to learn how to break down your monthly expenses and calculate how much money you could put towards guilt-free spending (we recommend 10% of your monthly income).

Creating a budget for the first time? Check out our budgeting tips here! 

Talk to people about money

When you talk about money with others, you lessen the stigma that surrounds it. Talking about money sounds uncomfortable, but it doesn’t have to be! There’s no shame in confiding in the people you trust about your financial situation and goals. Try partnering with a friend or family member to be your budget buddy. You can both make budgets and compare progress at the end of each month. Having someone to hold you accountable can offer you encouragement to keep going, and make you more likely to achieve your goals!

Do you have any questions about practicing financial self-care? Connect with a Get Schooled Advisor.

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Job Resources for Undocumented & DACA-Protected Youth

Last updated February 5, 2026

In this article

Understanding what is needed to work in the United States can be confusing for anyone applying for a job for the first time. This can potentially be even more complicated depending on your immigration or legal status in the country. Fortunately, there are job options available for both undocumented youth and youth who have specially protected legal status, such as DACA recipients. In this piece we’ll break down what your job options are and where to find job resources!

(Lee este artículo en español aquí!)

Picture of a job application and a pen - Job Resources for Undocumented & DACA-Protected Youth

Immigration and work authorization policies can change due to court decisions and federal action, so it’s important to stay informed using trusted, up-to-date sources.

Determining your right to work

There are a few categories of legal status that you may fall under according to the federal government. Depending on your status, you’ll have different legal options in terms of what kinds of work you can obtain. We’ll break down the most common statuses below and link to great resources to learn more.

DACA and TPS recipients

The Deferred Action for Childhood Arrivals (DACA) program provides young people who were brought to the U.S. as children with protection from deportation, a social security number, work authorization, and more. DACA, however, is facing some legal challenges. If you currently have DACA status, your right to work is still in place. While new recipients are not being processed, you still may be able to process a renewal so be sure to check your status before you apply to any jobs.

  • Because DACA remains subject to ongoing legal challenges, recipients should regularly monitor renewal deadlines and policy updates before applying for or changing jobs.

  • Even if you currently have valid work authorization, delays in renewals or processing may occur, so planning ahead is especially important.

The Temporary Protective Status (TPS) program provides temporary immigration status to people of certain countries experiencing problems that make it difficult or unsafe for their nationals to be deported back to those countries. TPS designations and extensions are determined by the federal government and may change, so be sure to confirm your country’s current status and eligibility.

Both of these programs offer recipients the ability to work legally in the United States. Here are some key terms and documents you’ll need to know to work successfully with these statuses:

  • Employment Authorization Document (EAD) – As a DACA or TPS recipient, you will be eligible to receive an employment authorization document, or EAD. This document is all the legal proof you need to work! In order to keep your EAD valid, be sure to make sure that your DACA or TPS status is up to date and active.
  • Form I-9 – This is a legal form that employers are required to have all new employees complete. The federal government uses this form to ensure that all employers are hiring employees who are legally entitled to work in the United States. Your EAD is a valid form of identification and proof of your legal right to work and should be the only proof you need when you fill out your I-9 form.
  • Social Security Number (SSN) – A Social Security Number is a government-issued identification number that is used to track earnings, file taxes, and can be used as a part of loan applications among other things. As a DACA or TPS recipient, you may be eligible to receive a SSN. While a SSN is not required to legally work in the U.S., it is highly encouraged to obtain one because it can make things like filing taxes, applying for financial aid for college, and obtaining further employment easier.

Undocumented individuals

If you do not have legal work documents in the United States, like the ones a DACA or TPS or green card holder have, your path to employment can be a bit more complicated – but there are still ways for you to earn money! While securing employment can be difficult for undocumented people, since all employers in the U.S. require new hires to submit an I-9 form, there are still ways for them to earn money legally. Here are some key things to know before you start earning money:

  • Individual Tax Identification Number (ITIN) – An Individual Taxpayer Identification Number (ITIN) is a tax processing number issued by the Internal Revenue Service (IRS). An ITIN is given to people who are required to pay taxes but who do not have, and are not eligible to obtain, a SSN. The ITIN allows people to report earnings to the IRS, open interest-bearing bank accounts with certain banks, and even start a business in the U.S. Getting an ITIN is the first step in earning money legally as an undocumented individual!
  • Form W-7 – This is the form you’ll need to complete in order to get an ITIN from the government.

  • Given increased immigration enforcement concerns in some areas, undocumented individuals should be exercise caution when sharing personal information and seek guidance before pursuing new work opportunities

  • A good practice to have is to avoid employers or job postings that promise “guaranteed” work authorization or ask for unnecessary personal or immigration documents.

How undocumented individuals can earn money in the U.S.

Because employers in the U.S. cannot hire employees without legal authorization, the best way to earn money as an undocumented youth is as an independent contractor, freelancer, entrepreneur, and through worker cooperatives. Once you have an ITIN, you can legally earn money (and pay taxes) in these ways:

  • Independent Contractor or Freelancer – The “gig economy” refers to a segment of the labor market in which clients contract with workers, often via apps, for specific tasks and activities. This includes things like being a driver for a ride share app like Uber or Lyft, working as a freelancer on apps like TaskRabbit, or even jobs such as computer programmers.
  • Entrepreneurship – Working for yourself is never a bad idea! This could include selling products on Etsy or eBay, providing services in your neighborhood, tutoring, babysitting, and more. Read our list of side hustles you can start today for some inspiration!
  • Key Resources to Help –
  • If you have questions about your rights or work options, consider reaching out to a trusted nonprofit or legal aid organization for personalized guidance. Immigrants Rising is an amazing organization that helps young people earn money and know their rights. They have tools about getting started as an independent contractor, brainstorming your next business, and even offer grants to help you start your own business. If you are in college, be sure to talk to someone at your career center. Many schools have specific programs to support youth with a range of immigration statuses. They may have specific internships or fellowships that you can apply for. 

Knowing your rights and figuring out ways to make money can be confusing and challenging, but we’re here to help! Do you have a question or need further assistance with finding or securing a job as a DACA recipient or undocumented person? Connect with a Get Schooled Advisor.

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How to Start Investing as a Teenager

Last updated June 8, 2026

In this article

As you start earning your own money, the thought of investing may seem out of reach. However, it’s important to remember that investing can be a valuable tool for building wealth and securing your financial future, regardless of your income or age! Here are some things you should know about investing your money as a teen. 

Note: It’s important to remember that all investments carry some level of risk. Before making any big financial decisions, it’s important to do your research and seek advice from trusted adults, such as parents or financial advisors.

Phone screen displaying digital data - How to Start Investing as a Teenager

Start with the basics

Investing is commonly defined as putting money into assets, like real estate or stocks and bonds, in the hopes of making a profit. Basically, you are buying something that you hope will turn into more money, or profit, down the road. It’s important to understand the basics of finance first, such as budgeting, the importance of opening a bank account, saving, and debt management. 

Defining key terms

The world of investing and finance comes with a new library of terms to understand. Here are a few key terms you’ll see commonly:

  • Stocks. Stocks represent partial ownership in a publicly traded company, like Starbucks, Apple, or General Motors. When you buy a stock, you are basically buying a small piece of the company. As the company grows and earns, the value of the stock may increase, allowing you to sell your shares for a profit. For example, if you buy a stock at $20 and the value increases to $40, you could sell it and get a $20 profit!
  • Bonds. Companies and governments issue bonds, or debt securities, to raise money. Essentially, when you buy a bond, you are lending money to the company or government that they have to pay back in a specific amount of time (which is usually over years). When you buy a bond, you will receive regular interest payments and be paid back for your initial payment once the bond’s term ends.
  • ETFs (Exchange-traded funds). ETFs are a type of fund that allows you to buy multiple investments at once, like stocks and bonds. Instead of choosing individual companies to invest in, you can buy one ETF and own a small piece of many different companies.
  • Stock market. The stock market is a platform where stocks, bonds, ETFs, and other investments are bought and sold. It is a place where companies can raise money by selling shares of their stock to investors and where investors can buy and sell those shares to make a profit.

Key tips

Investing is all about making your money work for you. As you get started, keep these tips in mind:

  • Set realistic goals. Before doing anything, think about what you want to achieve. Maybe you want to save for college, buy a car, or just learn more about the stock market. Doing this will allow you to get specific with how you want to invest and how to ask for support from professionals!
  • Diversify your investments. One thing you will hear is that a key to successful investing is diversification. This means spreading your money across different things like stocks, bonds, or even savings accounts. Having your money spread means you’re not dependent on just one thing.
  • Be patient. Investing is a long-term game and it may take time to see benefits. You may not see significant returns right away, but that doesn’t mean you should give up. For options like high-yield savings accounts, it is best to wait years so you can see the interest add up! For smaller investments, you could wait for at least a few months to see how it plays out.
  • Start small. You don’t need to have a lot of money to start. In fact, starting small can be a good way to learn the basics without risking too much.
  • Consider the costs, beware of scams. Investing often comes with fees and commissions. It’s important to understand these costs and factor them into your decisions. You can avoid scams by looking for key terms like “fiduciary responsibility,” which means a company or advisor must have your interest in mind, not their own!

Ways to get started

There are many apps and companies out there that can support young people in exploring investing. Here are a few to get you started:

  • Stash: Stash is an app that allows you to invest in stocks and ETFs with as little as $5. It offers personalized recommendations and educational resources to help you make informed decisions.
  • Acorns: Acorns is an app that invests your spare change into a diversified portfolio of ETFs. It is a great option for beginners who want to start small.
  • Robinhood: Robinhood is a popular app that allows you to invest in the stock market by buying stocks and bonds without paying any commission fees. It is user-friendly and has a simple interface that makes it easy to get started.

Be sure to check out the rest of our money management resources to learn how to be a smart spender and saver! If you have any job or finance-related questions, connect with a Get Schooled Advisor.

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Building Generational Wealth

Last updated September 4, 2025

In this article

The historical inequities in access to education, employment opportunities, and financial resources for Black and Brown communities make it challenging to find success in college, accumulate wealth, and pass that wealth down to future generations. While these inequities exist, it’s essential to acknowledge that building generational wealth is possible! Here are some strategies that can help you build generational wealth as a first-generation college student or college student of color, while also navigating the pressures and challenges you may face.

A hand writes on a notepad. Next to the notepad sits a calculator and a $50 bill - Building Generational Wealth

What is generational wealth?

Generational wealth is the financial legacy that you can pass down to future generations. This can include both money or assets, like bank accounts, investments, earnings from a business, and more. Inheriting generational wealth can provide a path towards financial stability and access to resources or support systems that can empower someone to achieve their goals and aspirations, without having money as their #1 concern.

Building generational wealth is particularly important for communities who have historically faced systemic barriers to wealth accumulation, like Black Americans and first-generation college students. Without the benefit of generational wealth, first-generation college students and college students of color may have to rely heavily on scholarships, loans, and part-time jobs to finance their education. This added financial pressure can make balancing academic and financial responsibilities even more challenging.

Build a strong network

Networking is an important part of building generational wealth, and can be especially valuable for first-generation college students. This is often called “social capital.” These are the relationships that you invest in early and can pay off big! By building a strong network of mentors, advisors, and peers, you can gain access to opportunities and resources that can help you succeed. Your network can help you meet new people, make professional connections, and maybe even land a job or internship. By building a network, you can tap into those opportunities and even repay them down the road!

Be proactive about your career goals

As a first-generation college student or college student of color, you may feel pressure to secure a high-paying job or career path that can provide financial stability for your family. While it’s important to be mindful of your financial goals, it’s also important to pursue a career that you’re passionate about and that aligns with your skills and interests. Take advantage of career services offered by your college or university (usually at the career center), and seek out internships or job shadowing opportunities that can help you explore different career paths. You can also conduct informational interviews with professionals in your desired field to learn more about the job market and what skills and experiences are required to succeed.

Money management

Managing your money wisely is an important tool in building wealth. This can include budgeting and saving money, as well as managing student loan debt and maintaining a great credit score. Be sure to also take advantage of free financial literacy resources out there, like our money management tools!

Stay focused on your goals

You may face challenges and setbacks on your path to building generational wealth. But by staying focused on your goals and persevering through difficult times, you can achieve success and create a lasting legacy for your family. Remember why you started your college journey, and stay motivated by your vision for your future. Seek out positive role models and mentors who can inspire and guide you, and stay committed to your personal and financial goals.

Start saving early

Saving money is one of the key components of building generational wealth. The earlier you start saving, the more time your money has to grow. Even if you’re only able to save a small amount each month, it can add up over time. Consider opening a savings account specifically for building generational wealth. You can set up automatic transfers from your checking account each month to make saving even easier! As your savings grow, you can start looking for investment opportunities that can help your money grow even faster.

Learn and start investing

Investing is another important component of building generational wealth. By investing in stocks, real estate, or other assets, you can grow your money much faster than you would by simply saving it in a bank account. Of course, investing comes with risks, so it’s important to educate yourself about the different investment options and their risks and rewards.

Think like an entrepreneur

Starting a business can be a great way to build generational wealth. You can learn and train yourself on key entrepreneurial skills right now!

Seek out support and resources

It’s important to seek out support and resources to help you succeed. This can include academic support services like tutoring and study groups, as well as financial aid and scholarship programs that can help you pay for college. You can also look for mentorship programs or affinity groups that connect you with other first-generation college students or college students of color who can offer guidance and support. Don’t be afraid to ask for help when you need it, and to take advantage of the resources that are available to you.

Building generational wealth is a long-term process that requires patience, dedication, and hard work. By taking the right steps now, you can set yourself and your family up for financial success for years to come! Have any questions about building generational wealth or money management? Connect with a Get Schooled Advisor.

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Loan & Insurance Shopping for Teens

Last updated September 4, 2025

In this article

As you gain more independence entering into adulthood, the necessity of loans and insurance becomes more of a reality. While you may know about student loans, it’s also important to know about other types of loans that can help you pay for things like cars or housing in the future, while understanding your various insurance options that can protect you from unexpected expenses. Here’s what you should know about shopping for loans and insurance. 

*Note: Before making any big financial decisions, we strongly advise you to talk to a parent/guardian or a trusted adult. They can help you make informed choices about taking on debt that can ensure your financial stability and success in the future.

Hands holding hundred dollar bills - Loan & Insurance Shopping for Teens

Loans

Taking out a loan can be a helpful way to finance your expenses, but it’s important to understand the terms and conditions of any loan before taking it on. Make sure to compare different lenders and shop around for the best interest rates and fees. A key thing to consider with any loan is to look at the total loan amount plus the total interest and decide if whatever you are trying to buy is worth that. While loans can help you invest in your future, it’s important to ensure that you are not living beyond your means or the money you have in the bank. Being smart about your debt and keeping your credit score high are keys to long-term financial health.

Read more below about three common loans that you might need as you get your first job, go through college, and enter adulthood.

Car Loans

A car loan is a loan that you take out to buy a car. These loans are usually offered by banks, credit unions, and car dealerships. When you take out a car loan, you will need to make regular payments over a period of time, typically 2-5 years. The amount you’ll need to pay will depend on the loan amount, interest rate, and length of the loan. Car loans are considered “secured loans,” because if you aren’t able to pay them back, the lender can take back what you bought– in this case, your car. Your car in this example would also be called “collateral.” This makes it so the lender feels secure in lending the money.

When considering a car loan, it’s important to research different lenders and their interest rates. You should also factor in the cost of insurance, maintenance, and repairs when calculating how much you can afford. A car is not just a one-time expense, but an ongoing investment that requires regular upkeep.

Another factor to consider is whether to get a new or used car. New cars are generally more expensive, but may have better fuel efficiency and come with a warranty. Used cars, on the other hand, may have higher maintenance costs but can be more affordable up front.

Personal Loans

Personal loans are another type of loan that can be used for a variety of purposes, such as paying off credit card debt, paying for expenses at school not covered by student loans, or covering unexpected expenses. Unlike car loans, personal loans are “unsecured,” meaning you don’t need to put up collateral (like a car) to secure them. However, because they are unsecured, personal loans often have higher interest rates than secured loans.

Before taking out a personal loan, it’s important to assess your financial situation and determine whether you can afford the monthly payments. You should also compare interest rates and fees from different lenders to find the best deal. Be wary of lenders who advertise “no credit check” loans, as they often come with high interest rates and fees.

Rental Loans

If you are struggling to pay rent, a rental loan may be an option to consider. Rental loans are short-term loans that can help cover the cost of rent when you are experiencing financial hardship. These loans are typically offered by nonprofit organizations or government agencies and often have low interest rates and flexible repayment terms.

Before applying for a rental loan, it’s important to talk to your landlord or property manager about your financial situation. They may be able to offer a payment plan or work with you to find a solution that works for both parties. If you decide to apply for a rental loan, make sure to read the terms and conditions carefully and understand the fees and interest rates involved.

Insurance

Many things that you may need a loan to pay for also come with insurance. Insurance is a protection from large expenses that may come up later. Sometimes insurance is a requirement by law and sometimes it is something you may seek out for security and peace of mind. Read more about three common insurance plans you may come across.

Car Insurance

Car insurance is required by law in most states and can help cover the cost of damages or injuries in case of an accident. The cost of car insurance varies depending on several factors, such as age, driving record, and type of car. Liability insurance is the minimum coverage required by law and covers damages to other people and their property. Comprehensive and collision coverage can provide additional protection for your own vehicle and medical expenses.

When shopping for car insurance, it’s important to compare rates and coverage options from different insurers. Make sure to ask about discounts that may be available, such as safe driver discounts or discounts for students with good grades.

Health Insurance

Health insurance is another important type of insurance to consider. Without health insurance, a single medical emergency can quickly become a financial burden. Health insurance can help cover the cost of doctor visits, hospital stays, and prescription medications.

If you are under 26 years old, you may be eligible to stay on your parents’ health insurance plan. If not, you can purchase health insurance through the Affordable Care Act (ACA) marketplace or receive it through your employer if it’s offered. When selecting a plan, make sure to consider the premiums, deductibles, and co-payments, as well as the coverage for specific services that you may need, such as mental health or dental care.

Rental Insurance

If you are renting an apartment or house, rental insurance can provide protection for your personal belongings in case of theft, fire, or other disasters. Rental insurance can also provide liability coverage in case someone is injured on your property.

When selecting rental insurance, consider the cost of the premiums and the coverage limits. Make sure to read the policy carefully and understand what is covered and what is not. Some policies may have exclusions for certain types of losses, such as floods or earthquakes, so it’s important to assess the risks in your area and consider additional coverage if needed.

Financial independence can come with some complexity, but educating yourself now can set you up for future success! Have any questions? Connect with a Get Schooled Advisor.

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Navigating Financial Aid and Money Management in College

Last updated September 4, 2025

In this article

Starting college is an exciting milestone! This new chapter of life can also bring the responsibility of managing your finances—something that might be new to you. This may be the first time that you are fully independent and responsible for things like  your tuition, meal plan, and money for your everyday needs. Financial aid can be a huge help, but it’s important to know how to manage that money wisely. We’re here to show you how to apply money management strategies to the financial aid you receive so you can make the most of your college experience without unnecessary financial stress!

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Understand the financial aid offered to you

Financial aid helps cover the cost of college, including things like tuition, room and board, books, and class fees. Whether you’ve received grants, scholarships, or loans, understanding your financial aid package is the first step in managing your money effectively. Be sure you understand key financial aid terms and the types and amounts of aid that were offered to you for the current academic year. This can give you a good idea of how much you will need to budget or save–two essential parts of good money management–to cover essential college or living costs. 

Reapply for financial aid each year you’re in college

It’s essential to know that your financial aid won’t automatically renew. You will need to renew your FAFSA or state-based financial aid each year you’re in college to receive most forms of financial aid, such as federal, state, private, and institutional aid like scholarships and loans! Be sure to stay on top of important deadlines and deliverables so you can submit your financial aid forms on time and receive the aid you need!

Manage your money 

Depending on the amount of aid you receive and accept, you may get a refund check! Your school puts together an aid package and they take what they need for tuition, fees, and room and board if you live on campus. If the aid you accept–including scholarships, federal and state aid, or institutional aid–is greater than your tuition and fees, the leftover amount will be given to you as a refund. For example, if your aid totaled $20,000 per term and your college costs were $19,000, you will receive a $1,000 refund, given to you via direct deposit or a physical check. Receiving these funds, as well as your earnings from things like work-study or other part-time jobs, means that you’ll have money to spend and save! It is a good idea to prioritize educational or living expenses, but these are your funds to spend or save. Here are some tips to manage your money well and set yourself up for success:

  • Create a budget. If you receive a refund, it will likely be disbursed, or deposited, to you in one large sum at the start of each term. It can be tempting to spend it all at once, but it’s crucial to create a budget that will help you spread your funds out over the entire term. 
  • Spend wisely on college expenses. Books and supplies can be expensive, but there are ways to make your money stretch further! For example, knowing where to find the best deals on textbooks or checking to see if your school offers discounts or financial aid to cover the cost of technology can go a long way. Don’t hesitate to ask your financial aid office about these opportunities.
  • Be cautious of personal loans. While it may be tempting to take out personal loans to cover extra expenses, it’s important to remember that loans need to be repaid with interest. Only take out what you absolutely need, and explore other options first, such as working part-time or applying for additional financial aid. The goal is to graduate with as little debt as possible.
  • Stay persistent. If the financial aid you’ve received doesn’t fully cover your educational or living expenses, you may need to find supplemental aid. Talk to someone in your school’s financial aid office to learn about additional aid you can apply for, and seek paid opportunities both on- and off-campus if your schedule allows it. 

Apply for scholarships

Scholarships can significantly lower college-related costs! Here’s how to make the most of scholarship opportunities:

  • Continue applying for scholarships. Many students think that college scholarships are only for incoming freshmen, but that’s not the case! There are scholarships available for college students regardless of what year they’re in.  Set aside time each month to search for and apply to scholarships. Be sure to check out our free Scholarship Finder to find and apply for more than 16,000 scholarships!
  • Utilize scholarships for non-tuition expenses. Scholarships can often be used for more than just tuition. Depending on the scholarship’s terms, you may be able to apply the funds toward books, housing, or technology. This can free up other parts of your financial aid package to cover additional school or living costs or to save.

Familiarize yourself with financial aid resources on campus

Effective communication with financial aid experts on your campus is crucial for managing your money and staying on track financially! Here’s what to know about two important financial aid offices at your college:

  • Regularly check in with the financial aid office. A college’s financial aid office helps students understand their funding options. Think of this office as your financial advocates on campus! Make it a habit to check in with them at least once per term to ensure everything is in order. If your financial situation changes, or if you’re struggling to cover your expenses, they might be able to adjust your aid package or point you toward emergency funds or additional scholarships.
  • Understand your bill from the bursar’s office. A college’s bursar’s office is where tuition billing and payments are processed. Review your bill each term to make sure your financial aid has been properly credited to your student account. If there’s a balance due once financial aid has been applied, you can work with the bursar’s office to explore payment options, such as a payment plan. Never ignore a bill, as unpaid balances can lead to holds on your account, preventing you from registering for classes or receiving your transcript.

The money management skills you develop in college will come in handy for the rest of your life! By connecting your financial aid awards to smart money management strategies, you can make the most of your time in college without the burden of financial stress. These skills are also crucial to ensure that you reap the financial benefits of a college degree. Your education can unlock huge earning potential for your life and can help you build a foundation of generational wealth for your family and community.

If you have more questions about money management or financial aid, Get Schooled is here to support! Connect with a Get Schooled Advisor.

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Money Moves Teens & Young Adults Should Make

Last updated December 10, 2025

In this article

Learning how to manage your money is an essential life skill. Figuring out how to build and maintain a solid financial future can seem daunting, but with the right guidance, you can be set up for success. Here are seven money moves you can start making now to build financial understanding and security! 

Create a budget

Your first move is to create a budget. Think of managing your budget like managing your social life. You wouldn’t make plans without making sure you were free first, right? The same rules apply when it comes to your money. Creating a budget will show you how much money you have, what your monthly expenses are, and if you’ve overspent. Having a budget allows you to take control of your finances, encourages you to live within your means, and helps you achieve your financial goals!

Open a checking and savings account

Once you know your budget, you should open a bank account. It is essential to understand the different types of bank accounts and how they work when making smart decisions with your money. While there are several types of accounts to choose from, the main two are checking and savings. Learn more about checking and savings accounts here.

Keep in mind that requirements for opening checking and savings accounts will vary based on the bank you choose. There may be fees associated with a checking account (like overdraw fees) if you don’t keep an eye on it.

You might think you don’t need a bank account because you have CashApp, Venmo, or PayPal. Those apps are great for quickly sending and receiving money, but do not leave your money in them. Put the money you want to spend into your checking account, and the money you want to save into a savings account so you can (1) make more money over time, and (2) guarantee your money is safe. CashApp, Venmo, and PayPal are not banks, they are third-party apps that allow you to move money. They are not FDIC insured, which means if CashApp, Venmo, or PayPal ever go out of business, all the money you had in those accounts is gone. On the other hand, checking accounts and savings accounts are FDIC insured, so if your bank went out of business, your money is insured up to $250,000.

Know your credit score and understand why it’s important

Another great money move you can make is to learn your credit score. If you are under 18, you will likely have a 0, as you cannot apply for credit yet. A credit score is a three-digit number, typically on a scale of 300 to 850, that estimates how likely you are to repay borrowed money (credit cards, department store cards, car payments, etc). This number is important because it not only determines how much money you can borrow, but also how much it will cost (in monthly payments, for example) and how long it will take for you to pay back the money you’ve borrowed.

Learn how to use credit cards wisely

Credit cards allow you to borrow money from a bank to buy things and are a powerful tool to help you build your credit. Using a credit card should not be taken lightly. There are several fees associated with using them and, if not used responsibly, can negatively impact your financial future. Your credit score largely determines what types of credit cards you’re eligible for and how much interest you will pay if you use them, which is why you want to work hard to keep your credit score high.

If you have a credit card, be sure to pay off the balance every month. A general rule is that if you can’t pay off your credit card balance, it means you can’t afford what you’ve been buying with it. You can use your credit card to make purchases like gas, groceries, Netflix, and more, and then pay the balance at the end of each month. This behavior will show lenders like banks that you’re a reliable borrower and will pay off your debts. The sooner you start building your credit, the more established and reliable your credit history will be.

Understand how debt works and how it can affect your life

At some point in your life, you will want (or may need) to make a purchase that you don’t have enough money to pay for in full; such as an emergency expense, a down payment for a car, a vacation, or your education. In order to pay for that purchase, you will need to borrow money from a bank, credit card provider, or other type of lender. This means you are going into debt because you are purchasing something with money that isn’t actually yours, that you will eventually have to pay back.

Oftentimes, when you borrow money and go into debt, not only do you have to pay back the amount you borrowed, but you will have to pay off all of the interest that accrues with it. This means you will end up paying back more money than you spent to make the purchase.

The amount you pay in interest will largely depend on your credit score, and the lower your interest rate, the less money you have to pay towards your debt. People with high credit scores usually receive low interest rates (sometimes no interest at all), while people with low credit scores get high interest rates, meaning they pay more than the amount they originally borrowed. Before reaching for your credit card, applying for a store credit card, or taking on student loans, be sure you fully understand how this purchase will impact your financial future and that you have a solid repayment plan. 

Invest in your future

It’s never too early to start investing in your future. Making wise investment decisions can help you build wealth and reach your long-term financial goals faster. When it comes to investing, there are a number of great ways to get started! 

The most common investments for teens include custodial accounts, college savings plans, and retirement accounts. The great news is that you don’t need a bunch of money to get started and being young is a huge advantage when it comes to investing. Thanks to the magic of compound interest, making small (but smart) contributions at an early age can add up to a bigger impact later. Good investing is about time in the market, not timing the market, so don’t get caught up in the latest trends because you believe it will make you rich overnight. Instead, choose reputable investment companies such as Charles Schwab, TD Ameritrade, and other companies that focus on long-term returns.

Learn more about investing as a young adult here!

Note: Investing can be risky. Be sure to talk to a parent or guardian before making any investments.

What are other ways I can invest?

Investing isn’t just about buying stocks or putting your money in savings accounts. It can also mean buying items that will last longer instead of ones you might only use for a little while. These types of investments include things like:

  • Purchasing higher quality clothes and shoes
  • Using a water filter and/or a reusable water bottle instead of buying single-use plastic bottles
  • Buying items in bulk over singles
  • Upgrading to a reusable lunch container instead of using disposable bags or packaging
  • Investing in a durable backpack or laptop case to protect items you use every day

Talk to an expert or a trusted adult

Before making any big financial decisions, we strongly advise you to talk to a parent/guardian or a trusted adult. They can help you make informed choices about building credit and taking on debt that can ensure your financial stability and success in the future.

Now that you know the seven money moves young people should make, it’s time to get started! Connect with a Get Schooled Advisor if you have any questions or need support.

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Budgeting for Events as a High School Senior

Last updated June 18, 2026

In this article

While senior year of high school is an exciting milestone, it can also come with some extra costs for students, like college applications, senior activities, yearbooks, and graduation expenses. We know that these costs can add up quickly, so in this article, we’ll share tips on budgeting for events as a high school senior!

A graduating student smiling while in a line of classmates who are also graduating - Budgeting for Events as a High School Senior

Figure out your costs

Make a list of all your expected senior year costs, like college applications and prom tickets. This will help you figure out how much money you’ll need to save to cover it all. Examples of expenses could be:

  • College application fees
  • SAT/ACT registration
  • Senior portraits
  • Formal dances and events (homecoming, prom, etc.)
  • Yearbook
  • College enrollment deposit
  • Graduation regalia (cap and gown)
  • Senior class trip(s)

Depending on your school, you may have different types of senior year expenses. If you’re not sure, check in with an educator or counselor.

Save the money

Talk to a parent or guardian about the expenses you have coming up and what your plan is for covering them. If you need to earn some money to contribute to the costs, you can do so by:

Create a budget

Creating a budget may seem complicated, but can be an easy way to help you manage your senior year expenses. Learn about building a budget that works for you!

Advocate for yourself

If you’re worried that financial concerns may lead to you not being able to participate in some senior year activities, we highly recommend that you explore your options and talk to people who may be able to help. For example, if you’re concerned about the cost of your yearbook, check in with someone at your school to see if you can buy it by making small payments over time. You never know until you ask! Being able to advocate for yourself is an essential life skill that will be necessary in college and beyond, so now is a great time to start building it!

While budgeting for senior year can be stressful, it’s also a reminder of how much there is to celebrate and enjoy! Need more ideas or support while budgeting for senior year? Connect with a Get Schooled Advisor.

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