It is difficult to work, attend college, and make all your payments on rent, tuition, and bills, (not to mention finding a little money to spare on yourself). These are six ways to save that have helped me in this money stressful time and that you should use too in order to reduce the expenses of adulting.
1. Saving money on rent.
Apartments are cheaper than houses because most include some of the bills in the rent cost. Make sure to check what amenities apartments offer such as free wi-fi, trash removal, or water included. When choosing roommates the more the better for cost. You should get at least one roommate because it is difficult to afford even a studio apartment living on your own. If you want pets you should choose a place that doesn't have pet rent because even if you have a large non-refundable pet fee it is cheaper in the long run then paying twenty a month per animal.
2. Saving money on bills.
If you choose to live in an apartment complex, having an apartment on a higher floor will make your electric bill cheaper in the winter because heat rises. Even though your electric bill will be higher in the summer you can afford to work more because classes won't be in session. When purchasing light bulbs get ones that are energy efficient and use lights with batteries to help save on the electric bill. Also make sure to turn off all lights when you aren't in the room. You can save water by not running the faucet when you brush your teeth. Anyway you can think to conserve water and energy use that to your advantage.
3. Saving money on food.
Your best friend is buying in bulk when you go to get groceries. I personally buy ten pound ground beef logs, cut them up, and place them in the freezer to use later. Everything is cheaper when you buy in bulk and you save time grocery shopping. If you don't know how to cook now is the time to learn because frozen and fast food eats up your money. You should also go to your local food bank if you are really struggling because everyone has to eat. Don't be afraid to ask for help if you need it! Going without food to pay your rent is not something anyone should have to do.
4. Saving money on furniture.
You should buy used if at all possible when finding furniture for your apartment or house. Living in a college town has its perks because people are constantly moving you can find great deals at garage sales or on craigslist. For instance I got my couch for free, I just had to move it out of a graduating students apartment. You can also check out thrift stores and consignment shops in your town.
5. Saving money on entertainment.
There are a lot of deals and discounts for college students so take advantage of that for entertainment.. For example movie theaters usually offer a student discount and if you go to a matinee showing, tickets are even cheaper. Find out when your local bar's happy hour is and use it. Also see what meal deals are offered by restaurants around you, such as 3 items for 10 or specials on Thursday nights. You can also use apps to find coupons, my personal favorite being pocket points because it rewards you for studying.
6. Saving money and side hustles.
Put back money during the summer in order to have a backup fund for when things get crazy busy during the school year. Scope out banks and find out what interests they offer on savings accounts in order to increase the amount of money you have saved over the years. If you need extra money you can get paid for donating plasma and you can sometimes find research studies that will offer participants cash for things as simple as just an opinion. There are also baby sitting and pet sitting apps you can download to get one time gigs if you are low on funds for the month.
These are all great tips that I have been taught or have learned living as a broke college student. It isn't easy living life in the adult world and pursuing a degree at the same time. I hope these tips will help you save money and keep you out of hard times.