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Tech Talk-Back-to-School

Money management
        Tuition, textbooks and dorm setup are the obvious expenses at the start of a semester.  But Scott Gamm of Help-Save-My-Dollars-dot-com advises some longer-term planning for others.
        For example, budget for extracurricular activities likes sports, and, especially, fraternities and sororities.
        "These organizations come with costs.  We're talking 2,000 dollars sometimes at the start, and then 1,000 dollars per year for the rest of the time that you're in the organization."
        Many colleges offer health insurance plans, but it may cost less to stick with mom and dad.
        "Under the Affordable Care Act, you can stay under your parents health insurance plan until age 26, so if your parents do have one, then its important to simply stick with that parents one.  It's going to be a lot cheaper."
        Upperclassmen may consider renter's insurance too.
        "If you are getting your first apartment, especially with roommates, you know that might be an optimal way to cover that downside if something is stolen or if there's damage to the apartment.  Renter's insurance will come in handy there."
        Think about what it will cost to get on and off campus.  Maintaining a car or paying for mass transit - or travel to home will all hit the wallet.
        "You want to book tickets for planes and trains in advance.  You're not only going to save money, but at least you'll be able to have an idea of what this stuff is going to cost, and then you can allocate some of your expenses." 
        And however a budget adds up, Gamm recommends setting aside an extra five percent for the truly unexpected.
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