In the student life the most important thing is to keep thetrack of the amount of money you spend during the study years. If you spend too much you are at a risk of accumulating too much depth and if you spend too little you might be left wondering what was the point of it all if you did not have any fun experience in your student life.
So here we have come up with some easy tips to save moneyand student without compromising on your quality of life. By reading this you can become smarter about the way you spend your money you will save a lot of money every year by putting a few of these financial tips into practice because the key to financial success is being aware of how you are spending your money.
1) Preparing your own food
The cost of eating out is always greater than the cost of cooking at home be it at fast food chains or an upper class restaurant. you must limit eating out only on special occasions like birthdays and aniversaries. If you are in a rush, fast food can be a cheaper and budget friendly option for you.
2) Make tea/coffee at home
Do not stop by the local cafeteriaeveryday to have tea or coffee , instead you can prepare your daily coffee at home and pour it into a travel mug and get it to school or college with you. If your help you save a lot of money during your study years.
3) Rent or issue books from library for class
You should avoid buying textbooks at full price instead youcan buy old books from your seniors or rent it you can also so make use of the library in yourcollege or school and issue the important books from library for the time being. Also if you want to buy new books, you can check on sites like Amazon, Craigslist, etc as they provide heavydiscounts on books.
4) Advantage of Student discount
Many of the stories and businesses offer student discountson their production services. You just have to to grow your student it at the check out while you are shopping and you can get a percentage of it reduced
from the total bill. Various tools like clothing stores, electronic shops, media companies and some of the restaurants of a lot of discount for students.
For example Apple ,sprint ,Lenovo etc e provide studentdiscounts on their products. Also clothing stores like Levis ,banana Republic, club Monaco provide 15% discount on student IDs.
5)Apply for scholarships
Just go through your school's website and find out what allscholarships are available and then apply for them as they can cover some of your tuition fees. Some of the scholarships to not have many applicants so you can have a better shot at them.
6) Create a monthly budget
Setting aside money for groceries utilities and othernecessity separately will prevent you from spending too much on specific categories. You can develop a budget covering all your educational cost like
classes in books along with your Living cost. Making sure that you won't living beyond on your means relying heavily on a credit card to support your monthly expenses will help you stick to the budget which inturn will help you save some amount of money in a monthly
