I'm going to be going shopping tomorrow for school clothes (pants) (yay


Wish me luck in getting a job. (i wish i was more enticed to get one earlier in the summer

Yup. They decided that a debit/checking account is better because its real money and you have an actual limit to know what you can and cannot spend.Silence wrote:Your parents probably wouldn't let you do that for good reason, thanks to the risk of serious debt.
It shouldn't be too bad. It only becomes hell when we start building the robot starting the 1st week of january and have to be in school till 10pm every day and 9am-10pm on saturdays and for me ~1pm-9pm on sundays.Silence wrote:make sure you don't commit to too much time if you don't know how the school year will be.
Don't know what that means, but I technically only have $62 (US) to spend. Which I don't plan on spending any until I have more in my account.cantab wrote:Don't blow your overdraft all at once! (or don't you have one, are US 'student accounts' different to UK in that respect?)
Yes it does. My friend just got a job at the place I'm going to try to apply and he's getting min wage. And it's a varying schedule too, Some days he works 4 hours, some 5 hours, some 7 hours(like today 3pm-10pm) and some days he doesn't work at all.cantab wrote:and with finding decent pay, the US min wage sucks.
An overdraft is when you're allowed to basically have a negative balance on your bank account. Most overdrafts get charged interest - in the UK, the rate is usually lower than credit cards but higher than loans. However, UK student bank accounts (by which we mean university students) almost always have about £1000 interest free overdraft. It's kind of needed since Student Loans can get delayed, but most end up finishing with their overdraft maxed out. I'm about £700 overdrawn myself, with one year remaining.Specter wrote:Don't know what that means, but I technically only have $62 (US) to spend. Which I don't plan on spending any until I have more in my account.
Oh yeah, I forgot that was the norm in the US, to have to pay bank account fees. In the UK, as long as your account is in credit (ie not overdrawn), banking is free. Though you usually get no or neglible credit interest (on current accounts, what we call 'checking accounts'), so it's not truly free.Specter wrote:The bad thing is that it is only free for 5 years when it gets switched to a standard checking account with fees.