Call us materialistic, but we college students care about our money. We want to know how much we have, how much things are going to cost, and how we can save it. Money is how those of us off-campus eat, pay rent, and travel. It's almost like a four-credit class all on its own.
With so many new and shiny things calling our names, it can be difficult to save up for the things we really need. But fear not—here are 10 ways to save money when you're in college.
1. Make (and keep!) a budget.
Keeping track of how much money you have, make, and pay is a huge first step. Always try to be accurate—write down every expense and income.
2. Where are you spending the most?
Do you spend the most on food? Books? Those bags of donuts at Kwik Trip they keep at the registers? Figuring out where you're spending your money is the first step to cutting back expenses.
3. Pay your bills.
And pay them on time! This might seem like a no-brainer, but it's a huge factor in your credit score.
4. Use your student status.
A lot of places offer free admission when you show your student ID. Others will give you a discount if you do the same. Even the buses offer free transportation!
5. But do you need it?
Yes, it was so tempting when you first saw it. But do you really need it? Wait a few days and think about it before buying. Don't make a purchase on impulse!
6. Save your receipts.
And not only your receipts. Keep hold of your student loan statements, deposit slips, and other documents. This will help you track where your money is going and how much you have.
7. Used is good.
If you have to buy books, try to find copies that have been used. They're much cheaper than brand new copies. You can also sell your books back for a slightly reduced price.
8. Free is also good.
Colleges offer a ton of free events for attending students. If you're looking for some zero cost stuff to do, check out what's happening on campus.
9. Go to class.
Sound strange? It isn't. You're paying for your classes—skipping them means you are literally throwing that money away.
10. Band together.
If you live off campus, try and find a roommate—both of you will pay less for rent. Make meals with your friends and split the cost of ingredients. There are many possibilities.
