Insights & News

August 2016
Next Generation

The Freshman Fifteen Hundred



Every year college freshmen sped anywhere from hundreds to thousands of dollars on unused items including textbooks they may open once and some may not event be touched. 

Here are some tips fron FAI in order to keep you or your college student prepared for what lays ahead and acquire the most out of the first year in college. 

A recent study showed that on average students spend $1,300 on text books each year.1

Here are the best places for your student to purchase textbooks other than the college bookstore:

  1. Text Book Rentals – www.textbookrentals.com
    Enter in the ISBN number and locate the book you are looking for. Note that older editions are cheaper, but the information may not be correct.
     
  2. Book Renter – www.bookrenter.com
    Enter in the ISBN number and choose the option to rent or buy your textbooks. Free shipping both ways! You can save hundreds this way.
     
  3. Chegg – www.chegg.com
    This is another option for renting your books.
     
  4. Amazon – www.amazon.com
    You can find just about everything on Amazon. Look for the cheapest books, but beware of the shipping prices. Amazon Student Prime is going to be the best option in order to get free shipping for most of the books. With your school email address, you will not be charged, for Prime Account, for the first 6 months.
     
  5. Use the library at your school and rent the books for free! Use them when you need them.
     
  6. Find an older student or a recent graduate who may be willing to sell you their textbooks for a good price.
     

Now that you are on your way and have your books, don’t forget a few more tips to keep in mind:

 - Keep looking for Grants that pop up later in the year.

 - Don’t skip orientation.

 - Don’t pick the 8am classes, unless you are a morning person or you have to (this is not going to be like high school).

 - Call home often.

 - Talk to your professors and ask questions.  

 

Good luck and have fun!

 

1 “Averages Estimated Undergraduate Budgets 2015-16." Collegeboard.org. N.p., n.d. Web. 26 July 2016.


IMPORTANT DISCLOSURE INFORMATION
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by FAI Wealth Management), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from FAI Wealth Management. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. FAI Wealth Management is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of FAI Wealth Management's current written disclosure statement discussing our advisory services and fees is available for review upon request.

Gabriella Colarusso

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