Ways to Save Money in College
Most college students have less pocket money. Thus they should try to save as much money as possible when in college. This is because one week they might have $50 bucks while the next weekend they will be left with $0.50. They need to create a budget plan and lower their spending.
Besides this there are many poor students studying in college. It is difficult for them to pay their tuition fee and buy books at same time. After following few simple guidelines, college students can save money.
If you have been finding it hard to save money during your college time, scroll down to get yourself some tips regarding this problem. You just have to be patient and work your way out of this situation.
Instructions
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1
Determine expenditures
You need to determine how much you are spending every month. Take into consideration the money spent on books, lunch, clothes, transport and other costs. -
2
Set a budget
You need to form a budget and set aside money which you will need to spend on books and tuition. Besides this you also need to set a specific budget for your transport and if you have your own means, set aside the fuel cost. The main budget you need to set is for the food. You need to set a specific amount for your lunch every day. -
3
Eat in the cafeteria as much as possible
You should try to eat in cafeteria of your college. Your friends might want to go to chain restaurants in breaks or to some other cafeteria, you need to avoid it. This will save lot of money as college cafeteria provides food with reasonable prices. It is possible your programme is giving you your food. However, it might not be what you desire. -
4
Potluck meals
You can decide to have potluck meals once every week. You will make one dish and your friends can bring their dishes, share it in end. This idea is best for study groups or study sessions held weekly. By this you will avoid ordering food and will eat which you all made. -
5
Keep less money with you
You need to keep less money in your valet. In case you carry more, you will have urge to spend it and would want to buy more and more. -
6
Do not lend money
You should avoid lending money to other kids. Do not lend money to other students as there is a high probability you will never get it back.
