College or university education equips you to reach your career destination and fulfill your dreams. But as everyone knows university education or online college programs are not very cheap. As a student you have to incur expenses on various items such as tuition, food, housing, entertainment and many more. In order to lead a better student life, you must spend wisely. Of course, you may also want to start looking into the various types of savings accounts so you are covered in the event of unexpected expenses. These money saving tips can provide you the much needed insurance from unintended contingencies.
1. Stop impulsive buying
As a student, you may be more prone to impulsive buying. Out of sheer temptation, sometimes it is seen that you engage in buying items which you can’t afford and more moreover which are not absolutely necessary for you. As a student, you need to curb this habit and spend judiciously.
Best cure for uncontrolled impulsive buying?
Write down all your expenses and go through them once a week. This will make you realize how many unnecessary things you are really spending your money on.
2. Abstain from bad habits
Some of you may have some bad habits like smoking or drinking. If you are a heavy smoker or drinker, it entails some costs. More importantly, these bad habits can also hamper your studies. Quitting helps you save some money on a regular basis.
Spending 5 dollars a day on pack of cigarettes means almost 2000 dollars you could have used for more important things.
3. Stop buying study-related items from the campus bookstore
Sometimes purchasing all the study-related items from the campus bookstore can indeed be very expensive. Instead you should shop around and try to buy second hand copies. You can also check out websites such as Amazon and eBay for reference books. Another good option is to find students who are immediate senior to you for buying books at a very cheap rate from them.
4. Cook yourself
The majority of students do not have the required skills to prepare food for themselves. Quite often they dine outside in costly restaurants and bring in expensive outside food. This takes away a lot of money from your pocket. The best way to contain these expenses is to learn cooking yourself. There are several websites for good budget recipes and cooking for beginners.
5. Reduce your mobile bills
Mobile bills can create a big hole into your pocket. Some of you spend a lot of money talking with your parents and friends. For communication purposes, you can download Skype and chat with your parents and friends for free.
6. Participate in free campus activities
Generally there are some free activities in the campus such as film music, screenings and many other activities. You can engage yourself in free activities so that you simply won’t have any time left for the expensive stuff.
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