Five Tips for Saving Money in College
Freshmen students who just left the high school and entered their adult life, moved out of their parent’s houses and started building their own social circle often come across a common situation when they suddenly find just couple dimes in their pocket. Being broke can terrify anyone, especially if you are not financially experienced, but such situation is a chance for a student to learn how to spend their money wisely (if only they are not that helpless to ask for their parents to give them more money).
Here are five most effective tips to use in case you want to learn how to save money and be wise with your finances. By using just one of them you surely save a couple hundred dollars as easy as ABC.
Buy used textbooks
Reading list is one of the most significant money-drainers in terms of studying, thus you should always buy used textbooks instead of new ones. And before you go shopping see if you can get some of those books in the college or university library, but do it fast – you are not the only one reading this article.
In terms of 101 disciplines getting a new edition of the book is stupid thing to do as there is a very little chance that the fundamental principles of the discipline have changed. And even if they did, it wasn’t that dramatic as publishers say (surely, they have their old children to feed and send to college).
In case your professor is the author of a book, of there is any other reason that you have to won it, make a group of people and buy it together. Later on you can make a scanned copy of it, or even find it online – that will as well be less pricey. Speaking of online, many students who do buy new books tend to try selling them afterwards. So maybe you can find cheap stuff in your area on the Internet and save some money.
Use public transport
Generally, college and university students get massive discounts and even free bus tickets, and this a great benefit of being in the university. As the fuel today costs a fortune, and parking is even more expensive, make the most of your status and take a bus. In the warm time of the year you can invest in your health state and opt for cycling.
Move off campus
Surely, the prices are different from one university to another, but typically living on campus in US educational establishments is pretty expensive. It is often mandatory that freshmen live on campus during the first one or two years of study, but as long as you’ve saved some money and got some friends, together you should move off the campus and rent an apartment.
Quit expensive habits
And yes, your smoking undergoes the category of expensive habits. Remember that there are some better ways to waste money that to set them on fire and ruin your health with them. Coffee addiction also costs you a lot, though you don’t notice it. Thus, getting a twice-daily fix of coffee for you at a Starbucks will save you about $8, and if you get reusable coffee cup and a coffee machine (there are models costing about $150), you’d easily save much more.
Don’t miss the enrollment deadline
The easy way to save money on your studying is simply keeping up with enrollment deadlines for all the courses you need to take to graduate, as re-passing some of the courses that you’ve missed because of your oversleeping and laziness can literally cost you a fortune.
These were some basic tips on saving some money in college. Surely, there can be many other options. You need to be focused and creative and everything will be financially fine. Good luck!
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Category: College
