Saving money is something that is on every single college student’s mind nowadays. You’ve got so much to pay for – from the actual cost of your college tuition to your expensive textbooks to the food or semi-food that might be filling up your fridge.
So, that’s why it’s super important for every single college student to know the top tips for saving money that we’re going to outline below. These are going to help you keep more of your hard-earned money (or your parent’s money!) in your pocket more often.
1.Sell your old textbooks that you aren’t using anymore
One of the best ways to make some extra money at the end of the semester is to sell last year’s textbooks back to the school. Most colleges have year-end textbook buy-book events where you’re going to be able to save money on your expensive textbooks.
2. Try to stay away from impulse purchases whenever you can
Yeah, yeah we know. You might want that new top that you saw at the store or the latest video game that’s running off the shelves. However, do you really need those impulse purchases?
Imagine how much money you could save if you didn’t go shopping all of the time. You would have way more money for the important things in life. Most importantly, more ramen noodles to fill your fridge!
3. Don’t eat out as much
This is a tip that you’ve probably heard way too many times from your parents, but it definitely stands the test! You should limit the number of times that you eat out every week and every month.
As a college student, you should start learning how to cook on your own, which is going to save you a ton of money throughout life. Bring some friends over, grab some beers, and have a good time without spending a ton of money.
4.Stay away from cigarettes and alcohol
Yes, we know it’s college and it’s time for you to experiment with your life. However, cigarettes and alcohol are going to take way more money from you than the fun they give back to you and experience which may not add any value to your life.
Plus, they’re just not good for you! You’re going to be so much healthier when you give up these vices and you’ll have a lot more money in your pocket because of it.
5. Watch out for those late fees on your bills
Whether you are paying for rent or for your electric bill, every single college student has bills that they have to pay. And if you don’t pay them on time, then you’re going to have to pay even more in the form of late fees!
Keep those late fees away by sticking to a schedule of when you need to pay all of your bills.
6. Pay off your credit card bills every time
One of the worst vices that a college student can have is having a credit card. If you’re not paying off your credit card every month, then you are never going to be able to save money.
You’re going to be constantly paying off that card for the rest of your life if you’re not careful! Stick to a tight budget every month and only use your credit card when you really need the money.