Monday 20th February 2017,

10 Ways To Save Money While Studying

Charles F.H. Whitworth January 25, 2017 Money No Comments on 10 Ways To Save Money While Studying
10 Ways To Save Money While Studying

If you are a college student, you have probably realized that making your money stretch is challenging. There never seems to be enough to do everything you need to accomplish. When you find yourself with a tight budget, there are a few things that you can do to make your life a little easier. Here are ten actions that you can take so that you can get the most out of your money and avoid waste.

  1. Don’t Grocery Shop While Hungry

This may sound simplistic, but you tend to buy things that you don’t need or won’t use when you are hungry. Your brain tells you that everything is delicious and that you might need it. What happens is that you overspend and waste money that you can use for other things.

  1. Use A Meal Plan

If your college offers a meal plan you should enroll. You will guarantee yourself a meal no matter what and not have to constantly find money to feed yourself. The basic plans are usually inexpensive and the portions are plenty for the average student.

  1. Check Out Books

Books are expensive, so if you can simply borrow one from a friend or from the library, then that might be the best way to save some money. This can save you a large sum of money.

  1. Buy From Discount Sites

If you purchase items from sites that offer voucher codes and discount codes such as Mamma and buyagift.co.uk you will be able to get the items you want for a much cheaper price. These sites have a large selection of items that will suit just about anyone. Whether it is for you or a gift for someone you know, these companies will have what you want without having to pay full price.

  1. Free Activities

Avoid going to events that require you to spend money. Stay active socially by participating in campus events and activities that are free. You won’t believe how much you can save by eliminating social spending.

  1. Avoid Unnecessary Supplies

Avoid purchasing school supplies that you don’t need. Make sure that you require a certain item before buying it. Many times students purchase things they think they need and end up wasting money.

  1. Cut Sodas From Your Diet

Sodas get very expensive over time. If you skip the soda and simply drink water you will feel better, look better, and save money for things that you really need.

  1. Don’t Vacation

It sounds harsh, but if you are struggling you should not be taking expensive getaways. Wait until you have a steady income and can afford to participate. You will be glad you can cover your expenses more easily. Try to go to free activities instead.

  1. Skip The Pets

Pets are great to have but they are expensive. Once you take on a pet you are committing a portion to your already tight budget to the care of your buddy. Wait until you can afford to have a pet and you will make both of your lives easier.

  1. Don’t Buy Expensive Coffee

It is tempting to buy gourmet coffee, but it is expensive. You can easily blow the majority of your weekly food budget on gourmet coffees. Make your own coffee and bring it with you.

If you incorporate even a few of these tips you will be able to save money and breathe a sigh of relief when it comes to budgeting in college. College is expensive and sometimes can be quite a struggle to get by. Give yourself the edge and save money where you can.

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