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Money Mondays
By Imagine Scholarships
Sherri Ross
September 30, 2024
🌟 Welcome to this week's Money Monday!
Whether you're a high school student starting your college search, a college student trying to save money, a parent looking for ways to support your child, or an educator guiding students on their journey, we've got something for everyone this week!
As I’ve told you before, I’m here to do 2 things for you:
Give you valuable information to help you find money for college and be smart with your money
Give you tips on how to be your best self as a student, parent or educator
Think of me as your own personal cheerleader through the college admissions, scholarship and life success process. Ready? Let’s Go!
💌 Words of Wisdom:
Successful people who take control of their finances don’t just hope for the best; they create a plan and tell their money where to go. By setting clear goals, budgeting, and tracking their expenses, they make intentional decisions that align with their financial priorities. This proactive approach allows them to save more, invest wisely, and avoid unnecessary debt, ultimately leading to greater financial security and freedom. Instead of wondering where their money disappeared to, they take charge, directing it toward investments, savings, and experiences that build their wealth and support their long-term dreams. This mindset shift transforms their financial journey and opens up more opportunities for success.
📚 For College Students: Budget Hacks for a Successful Semester
Tip of the Week: Track your expenses. It might sound simple, but knowing where your money goes can help you cut unnecessary costs. Use a free budgeting app or create a spreadsheet to monitor your spending.
Savings Strategy: Look for student discounts! Many stores, restaurants, and online platforms offer discounts just for showing your student ID. Always ask if there's a discount available.
Challenge: Try a "No-Spend Week." Pick one week this month where you avoid unnecessary spending. You'll be surprised at how much you can save!
💡 Success Story: Meet Sarah, a college junior who managed to save $300 in one semester just by using her student discount card! She redirected that money toward her textbooks for the next term.
🎓 For High School Students: Find Scholarships Like a Pro!
Tip of the Week: Start your search early! Did you know that there are scholarships available for all high school grade levels? Don't wait until senior year. Begin applying now, and by graduation, you'll have a head start on funding your education.
Where to Look: Check out Imagine Scholarships. With over $9 billion in scholarships, internships, and grants, it's one of the most comprehensive resources you can find.
Action Step: Set aside one hour this week to research scholarships and apply to at least one. The more you apply, the greater your chances of success!
🎥 Video Recommendation: Watch this quick video on "How to Stand Out From Your Competition." It’s full of practical tips to help you get started!
Here are 10 mistakes you should avoid when applying for scholarships.
👨👩👧 For Parents: How to Support Your Student's Financial Journey
Tip of the Week: Start the conversation about college costs early. Discuss the importance of scholarships, grants, and work-study programs as part of your child’s college funding plan.
Savings Tip: Encourage your child to set up a savings account specifically for college expenses. Every little bit saved now can help with books, supplies, or even tuition down the road.
Parent Action Step: Help your child research scholarships this week. Make it a fun activity where you search together and set a goal of finding at least three scholarships to apply for. Using Imagine Scholarships tracker is an excellent way to organize the process.
👩🏫 For Educators: Guiding Students to Financial Success
Tip of the Week: Incorporate financial literacy into your lessons. Whether you teach math, social studies, or language arts, there’s always a way to connect the importance of financial planning and scholarship hunting.
Resource Highlight: Introduce your students to scholarship search tools like Imagine Scholarships. It's a great way to help them navigate the overwhelming process of finding funding for college.
Classroom Idea: Create a "Scholarship Wall" in your classroom where students can post scholarship opportunities they find. It encourages them to share resources and builds a sense of community. This is a place where “positive peer pressure” can encourage students to find money for themselves.
We will continue to share weekly scholarships with you through Money Monday but we have thousands more waiting in your Imagine Scholarships portal. Encouraging students to start early and helping them understand the process will empower them to take control of their future. You’re not just teaching; you’re opening doors to opportunity! We love working with schools and educators. Schedule a demo today to see how your students can access all of our resources.
🧠 Quote of the Week
"An investment in knowledge pays the best interest." – Benjamin FranklinScholarship of the Week
🌐 Resource of the Week
The Basics of Building a Student Budget. Check out Imagine Scholarships for a comprehensive list of scholarships, resources, internships, and tools to help make your college dreams a reality.
💡 Fun Fact of the Week
Did you know that over $100 million in scholarships go unclaimed every year? Don’t miss out on free money—start your scholarship search today!
💥 Challenge of the Week: Get Ahead!
Set a goal to apply for at least two scholarships this week. Start with smaller, local scholarships, as they often have fewer applicants and a higher chance of success.
😃 Scholarship of the Week:
Serving your community not only benefits the community; it benefits the volunteer as well. Young volunteers who participate in community service are more likely to continue their civic service in adulthood. They also develop a greater understanding of and empathy for their fellow community members, along with a sense of personal responsibility to help.
The Law Firm of Anidjar & Levine will award a $2,500 scholarship to the student who best demonstrates the relationship between their community service and future career goals and ambitions.
Community service also helps young people prepare for future educational and career endeavors. Volunteering develops communication skills, leadership, and work ethic.
We encourage all students who serve their community to apply for the Anidjar & Levine Community Service Scholarship, and keep giving back to your community!
Looking for more scholarships? If you aren’t already using Imagine Scholarships, signing up is your next step. As the leading platform for scholarships, college, career, and life readiness, we connect you to scholarships you can actually get with expert guidance to make your educational journey simple and easy.
TAKE ME TO MORE SCHOLARSHIPS to go directly to our website, where you can sign up for access to Imagine Scholarships.
You're only ONE CLICK away from up to 9 BILLION in educational dollars at Imagine Scholarships!
Have a wonderful week, Imagine Family. Be curious. Read something new and find a new quote from it. Write down the quote and post it on your bathroom mirror. Set aside time to search and apply for scholarships — the money is out there just waiting for you. Do something kind for someone else and most importantly, be kind to yourself.
We want to know you!
We look forward to hearing from you soon!
Sherri and Team Imagine
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