Today I’m going to share with you Easy Tips to Save Money in College.
It’s a rare student who is fully satisfied with their college life. Despite the multiple opportunities it opens for young learners, college can be a great financial burden on students and their families.
A lot of college students complain about their inability to scrape together enough cash to cover their basic needs. And meanwhile, their tuition fees continue to go up. So, knowing how to stretch your hard-earned dollars can help you get through college without going broke.
Create a Budget
Knowing exactly how much money you can afford to spend during this or that month is a great way not to overspend. At the beginning of every month, make it a rule to calculate the amount you might need to spend on food, transportation, books, etc.
Also, prioritize your funds by determining what items or services need to be purchased first thing and what can wait. And always allow for emergency expenses, which tend to pop up from time to time.
Expand Your Network
College is a great place to make new friends and meet wonderful people who might help you out in your time of need. It doesn’t mean that you should widen your social world to lend money.
No! Expanding your network means more job opportunities and the ability to exchange services or things if the need arises. Thus, instead of buying a new pair of jeans, you can just swap your top for your friend’s pants. Or you might help your college pal with their Biology essay in exchange for their academic help in Arts.
Still, if you cannot find a good tutor that can help you with your homework, don’t get upset. You can always buy cheap essays from academic writing companies and attend to other urgent tasks.
Eat at Home
Visiting restaurants and local cafes can be a great diversion. But if you’re on a tight budget, you will be better off reserving eating out for some special occasions. Truth be told, you can pamper your taste buds at home!
All you need is a cooking app and a little creativity. Alternatively, you can explore the menu in your dining hall. Lots of students opt for school meal plans and thus cut food expenses in college.
Cut Down on Salon Visits
Pampering yourself doesn’t have to be expensive. Instead of visiting a spa or beauty salon every week, try to repeat a similar procedure in the comfort of your home. Sift through some fashion blogs to learn new skills that will help you do your nails, hair, makeup, etc.
Get a Coffee Maker
Surprisingly, takeout coffee makes up the lion’s share of an average student’s expenses. So, it would be a wise decision to buy a coffee maker from Amazon and enjoy freshly brewed coffee at home.
To make your coffee even more exquisite, you can buy some caramel, hazelnut, lavender, or gingerbread syrup to add a particular flavour to your morning drink.
Avoid Pulling All-Nighters
All-nighters are harmful not only to your health but also to your wallet. Statistically, those students that tend to study at night eat more food than those who study during the day.
Such study marathons often end with ordering pizza at 3 a.m. or popping out to grab a donut or two. This means extra calories and more money spent on something you definitely don’t need.
Enjoy Free Events
They often organize cool events on most college campuses. And the best thing is that these events are free! There are clubs, indie band concerts, sports competitions, charity auctions, and lots of other events you can join for free and get tons of positive emotions. So, don’t miss out on such a great opportunity!
These simple tips mentioned in today’s post can help you save your hard-earned money in college, as well as develop strong financial skills that will make a big difference down the line.