When we were kids, a dollar would excite us. We would do the smallest chores and it would make us feel excited. But times have changed and most of us are paying our student loans. And that definitely isn’t anything close to exciting. In order to be tension free during your college days, make sure to save enough money from now.
In this post, we are going to show some tips that will help shape your finances in the future. Keep reading to find out.
1. Don’t buy fresh books
In order to save money, stop buying fresh books. There are many used books available that you can get at a cheaper price. Or if you know a senior who is willing to lend you books for a short while, you can ask them as well. Buying copies and used books is far better because it saves on the extra cash that can go straight into your bank account. And if by any chance, your professor happens to be the author, don’t even do the mistake of buying it. You can ask him for a copy or get a copy of the book he already has.
2. Cheaper schools
Go to a cheaper college. The college you go for will have a big impact on the whole bill, so if you want to reduce the education boost, you have to start with the tuition fee. Year by year, that does grow. Many universities, in fact, have a core requirement regarding the fees and if you are not able to fulfill that, chances are they will not want to have you. So you have to go to a school or college that is cheap. That way you will be able to save enough money.
3. Don’t stay in the campus for too long
We know, you have to stay on the campus for the first two years, but staying in college can be quite a challenge, especially if you are trying to save money. So if you want to save money, you have to make sure you move out after the first two years are over. Staying off campus can help you save a lot of money you can spend on affordable higher education outside. Those who have saved money before on college have the same tip to give.
4. Stop having expensive habits
In order to save money, you need to give up on the expensive habits. In case you are used to buying expensive coffee, reduce the numbers. Try to make coffee at home or go to places where you can get cheaper coffee. If you are someone who goes out a lot, you can reduce the numbers as well. Instead, find free ways of being productive. Enjoying yourself always doesn’t have to cost a lot of money. So you have to keep these things in mind so that money saving is easier.
5. Always be an early bird
There are several benefits of being an early bird. You will be able to save almost 1000s of dollars when you take the early bird offer. Pay all the interest on your student loan even when you are in school. Start taking care of all these issues from this time so that you can save some big money as time goes back. Those who have done this before have been amazed seeing how much money they have been able to save.
6. Pack your lunch
A great way to save a lot of money is by packing your lunch. Lunches outside are expensive. Save yourself some cash by cooking yourself at home instead of stepping outside. Instead, eat less outside as less as you can. It is one of the best ways you can use to save on some cash.
7. Take advantage of the discounts
College IDs may also mean you can save a lot of money from now on. Many retailers such as Microsoft, Dell and Apple offer special prices to students, especially if they are buying laptops. They also get gift cards they can use in the future. These are always available, especially on the non-holiday season. So do look out for them.