Start Investing Money While In College And Get Ahead If you want a really bright financial future begin investing money while in college. This will not only enable you to build up a great little nest egg but you will also benefit from getting into the habit of saving and investing money. While in college funds may be tight but the self discipline of providing for yourself in the future will be great way to learn the skills that you will also need in building your career. A little bit of effort could save you thousands and that's money in your pocket. Take your time and speak to licensed debt counsellors from as many places as you can find. While a couple of extra days won't make much difference at this stage they could add months or even years on to the length of your repayment schedule. It's usually a better idea to start by saving regular monthly amounts as it gets you into the rhythm of saving and pretty soon you will find that you don't really notice the amounts going out each month. Whatever type of investment you decide on ensure that it suits your personality in terms of risk. Many people even borrowed money to allow them to buy even greater amounts in the belief that the good times were bound to continue. They ignored all the warnings and speculation drove prices ever upwards regardless of common sense. Naturally any boom based on speculation is doomed once people sense that the market is overheating. Let take a worst case scenario here and assume your creditors aren't helpful. If you find that is the case then start to look at some of the options. Do you have a family member that can lend you the cash to pay off what you owe? If not, what about your bank? Ask them for a loan that you can repay over a period of time you feel comfortable with. Most utility services, credit card payments and other payments can be done by direct money transfer from your online savings account to those services. You also have the option to set up auto-debit facilities for the same. If you think about it, the benefits of online savings accounts seem to go on and on.