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Student Life

Saving Money In College

Different ways to stretch your dollar

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Saving Money In College
Finovera Blog

Saving money is not easy. Especially when there are many feasible consumer goods available to you at just the click of a button. Online shopping for college students is like mother's milk to a newborn baby, we need it. Ok. I may be over exaggerating a little. Just keep in mind that the key to saving money is being aware of how you're spending your money and cutting out bad habits.

Here are 15 money saving tips that might stretch that dollar of yours even further:

1. Buy or rent used textbooks and sell last semester’s books back.

2. Don’t make impulse purchases online or in stores.

3. Never go grocery shopping when you’re hungry.

4. Limit the number of times you eat out monthly.

5. Avoid any late fees.

6. Walk, use public transportation or ride a bike instead of having a car.

7. Live with others so you can split rent and utilities.

8. Shop where they offer student discounts. There are so many places that offer discounts to students with a school ID.

9. Look into a campus gym versus a gym in town. Many colleges offer memberships for free or at a reduced rate for students.

10. When planning meals, make dinner with friends and split the cost of groceries. Often times, you’ll be cooking too much for one person anyway!

11. Sell what you no longer use or need. There are plenty of stores and websites, likePoshmark and Craigslist, where you can sell your used clothing, furniture or tech items.

12. Don’t buy books you will only need for a short period of time. Also, check them out from the library instead.

13. Skip expensive spring break and summer trips. Consider volunteering instead.

14. Go to class. You’re paying for it. And when you skip, your basically throwing money away.

15. Open a savings account that earns interest. Credit unions have fewer fees and are great for students.

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This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
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