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Saving money tips for college students

10 Dec

I recently came across a great article that talks about college kids and how they can save money by doing a few easy things.

The first thing to consider is creating a budget. You should allot an amount of money each week so you don’t overspend.

The second is to wait at least thirty days to buy big ticket items. You might want that cool new thing, but do you really need it? By waiting thirty days, this will keep you from being a compulsive buyer. If you still like the item after thirty days then go ahead and buy it.

The next thing is to buy used if you can. Textbooks at college can be a huge expense. New books can cost a lot more than used. If you don’t mind having a book that might be a bit worn down and was possessed by someone before hand than by used – you’ll save a bit of money.

Another way to save a bunch of money each day and week is to pack a lunch. Buying from the cafeteria or from local establishments around campus can be expensive.

Avoiding ATM fees is also something you should consider. Try and get a bank that is on campus or near campus if you can. ATM fees might seem like a little bit of money, but overtime it can equate to a large amount.

via Bruce Heen http://bruceheen.org/saving-money-tips-for-college-students/

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Posted by on December 10, 2013 in Bruce Heen

 

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