Money is hard as a student nowadays, more if you are on a budget. Indeed, money issues can make your college experience extremely challenging. But you are not an exception. Indeed, just like you millions of students struggle financially every year. That is because rising college and living expenses are making it extremely difficult for college students to meet their budget. Yet, there are many opportunities to save money in college. We have put together some strategies drawn from our personal experiences to show you how to save money in college.
5 simple and effctive strategies
- Volunteers in exchange for foods.
If well implemented, you could save a lot of money on food. Across your neighbor, city, and State, they are countless volunteering opportunities available. Whether it is at the local hospital, community center, restaurants, houses of worship. Be creative and ask around you. People always need help. In addition, there is also a growing community of people in “the buying nothing movement” where you can find anything you need for free.
2. Join forces with a mate for grocery shopping
In college, there is always a chat group where students come together to aggregate their shopping needs. If there isn’t one, start one. Actually, this strategy can reduce your grocery budget by at least 50%. Learn more about group shopping in this article.
3. Save money with the right accommodation.
Rent is the largest part of your budget. Typically, if you leave within 30 minutes from your campus chances are your accommodation could be very affordable. So take your time looking for a cheap yet secured accommodation that meets your budget. Moreover, forgot all the unnecessary amenities. Really, all you need is a small nice comfortable room, excellent wifi internet, great roommates, and good access to public transportation.
4. Watch out for your phone bill
Manage your phone bill efficiently. Perhaps, you can get the cheapest plan available in your city. Of course, you shouldn’t worry about internet data. Wi-Fi is available everywhere on campus, in coffee shops, libraries, and at home. So why do you pay for that expensive phone plan?
5. Stay focused
Resist social pressure. Yes, it is true the bonds you create in college that last for life. But associate yourself only with people who accept you as you are. Be true to yourself.
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