Best Money Saving Tips for College Students


Best Money Saving Tips for College Students. You are a student who is neat to getting broke. So you googled best money saving tips for college students and here you are. We get it, all of us have been there where we want to spend and have fun but not save.

But you will have to; because you are a student. Yes, it is a killjoy and difficult, but it is necessary. It is better to stay inside your budget than be loaded with debt. So here you go: some of the best money saving tips for college students.

Read Also: 5 Financial Steps to Take After Graduating From College

Textbooks and Food

Don’t buy brand new books that you need. Look up for better deals that other students have put up. These students are looking to sell their own textbooks for cheaper rates.

Sell the books you bought last semester so that you get back at least half of the money you spent. Search for the books you need in the library and issue them. The library was opened for students like you.

As far as the grocery is concerned, never make impulse purchases. We all have suffered when we wanted a pair of sandals or earphones and ended up spending a huge amount of money. Also, when you go for grocery shopping, try to save money.

Here are some great money saving tips for grocery shopping. Limit your restaurant or food takeaway trips, that stuff is expensive for you. Also, if you live in catered accommodation, get a package that suits to your dietary needs. No need to pay for expensive meals.

Bills and Other Utilities

Pay bills and your fee on time, so that you are not charged with additional penalties. This will help you save money in college. Another one of the best money saving tips is to pay your credit card bill on time.

If you get a bad score on your credit card, it will be hard to shake the image off. Fuel prices are also increasing; hence it is wise to leave the idea of keeping a car (for now). Public transportation is cheap; especially when you get a bus or train card to get cheaper tickets than other people.

Also, to divide rent and other bills such as heating, electricity and internet, live in groups it’s one of the oldest techniques to save money.

Gym, Drinking and Smoking

Go for your college gym: it is one of the best money saving tips. College gyms offer students memberships that are much cheaper than the ones offered in the town. They are at student centric reduced rates.

As far as drinking and smoking is concerned, it is expensive. So stop smoking and reduce drinking at-least till you’re student and not that these things to do any good to our health but that’s another story and everyone is sensible enough to know whether it is great or not.

Miscellaneous

Attend your classes! If you don’t want to, why did you come to college in the first place? Use student discounts and student cards everywhere.

When buying kitchen utensils, don’t buy a set of knives each, if you live with a group of students. It is better and wiser to buy one set and let everyone use it.

Read Also: Being an employee, a self employed and/or employer

Don’t buy coffee from shops; it is pricey ad you could use the money elsewhere. Don’t buy a lot of music even though many of us are addicted to it. One of the best ideas is to use Spotify or SoundCloud, it’s free and online – nothing illegal there.

Other than these, use common sense and stay out of trouble. Oh, and good luck for your graduation! Got a college experience? Share it with us; we’d love to hear from you!

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