Money can be a problem. It really can. And it doesn’t choose its victims. On the other hand, you can never really have too much of it. And that is why you need to learn how to save money, especially if you are a student. Let’s be real – there are so many fun things to do and see at this point. But, you probably don’t have enough cash to spend around. And it limits you. Well, it shouldn’t. And the good news is that you can still live life to its fullest even if on a tight budget. Here is how:
Living situation – it will determine a lot
Are you planning on moving for college next year? Yes? Well, the first thing you should do is to make a plan. And calculate your budget. With many details to it. Compare the amount of money you will be getting to the amount you just have to spend on a monthly basis. Also, try to keep track of your everyday expenses. If you are planning on hiring movers, make sure you pick the right ones. There are so many options for you to choose from. You can even ask for professional packing assistance options, but make sure your budget can support it. On the other hand, you should keep in mind that DIY relocation is not really a good idea. Moving mistakes can cost you more than you might think.
Something many of us are dreaming since our childhood. However, dorm life isn’t all about parties. It can also save you a large amount of money. And if you can apply for the dorm – do it.
Renting an apartment
…might seem like a dream come true. You living all alone. Or even better – with your best friend. But, is it all that great? Don’t get us wrong, it can be. But, in most cases, it is also pretty expensive. Your deposit, monthly rent and bills,… well they only add up. And all out of the sudden, you can find yourself in a position you can’t seem to find a way out of. So, before you start looking for residential movers at your service make sure you know what you are getting into.
If you are asking yourself how to save money as a student, the answer is pretty simple. On food. It might seem crazy, but most of your money will be spent on it. Many of us forget about college cafeteria soon after we move to college and start eating outside. Or ordering food. Why not? Everybody does it! Well, if you are trying to live on a tight budget – saving some money on food would be a wise thing to do.
You don’t need to buy a new one every couple of months. What you really need to do is to play it smart. Really smart. Look for discounts, sales, and special offers. Also, try to find clothes that can be worn on any occasion. You don’t really need all that extravagant clothes. What you need are casual clothes that can be used for a long period of time. And of course, you can stay trendy and fashionable even if you don’t spend a fortune on your closet interior. You just need to play it smart.
…is what college is all about! Right? Well, we hate to disappoint you, but it is not. You are here to study. And if there are some crazy parties you can attend – great. But, that doesn’t mean you have to spend all your money on them. Or, calculate your budget once more. Decide how much you can actually spend on partying, and stick to your plan. It will help you save a lot of money. Believe us on this one.
Is an aspect not many of us consider. And if you are already used to driving a car, and not really walking anywhere – it is time for you to make a change. Calling a taxi once or twice a month is ok, but using its services on a daily bases will have a really bad effect on your budget.
We all love it. And even more importantly – need it from time to time. But, do you really need to do it so often? Maybe you can, but if you pick your destinations wisely. How about learning more about the biggest cities in America? Or national parks? There are so many things you can do and see on the American soil, that you really don’t have to visit Europe this year. At some point in your life – maybe. Now? Not if you are asking yourself how to save money as a student.
Buying new books is exciting. And expensive. So, do you really need to do it? Maybe you can borrow a book or two from your roommate? Or a classmate? There are so many options and combinations you can use at your advantage. As we mentioned before, all you have to do is to play it smart. Real smart.
How to save money after college?
You might think that this article is too strict. It is not. Self-pity won’t get you anywhere. Planning, calculating and playing it smart, on the other hand, will. And that is why you need to do it. Asking yourself how to save money isn’t enough. You need to devote yourself to it in order to actually do it. And things are the same once you graduate. You might find a job right after you finish your college, but you still need to play it smart and save money for more important things!