6 Ways To Save Money At College
One of the hardest things about being a student is being able to save money. Whether it’s your first time away from home or you’ve been leaving alone for years, affording student life can be incredibly difficult. From books and supplies to food and social events, the outgoings of a student can be extremely high. To help you manage your money better, here are 6 ways to save at college:
– Get A Part-Time Job To Help Fund Your Studies
If you’re really struggling with money and you find you have some spare time on your hands, getting a part-time job is a great idea. Although it may seem like a lot to take on alongside your studies, It only needs to be a couple of hours a week in order to earn that little bit extra in order to survive. Popular jobs for college students include waitressing, bartending, working as a retail assistant or freelance writing. For a guide to finding a job as a student, you can visit this site here.
– Cut Down On The Amount Of Socialising You Do
Although one of the best parts about being a student is all of the socialising you do, it’s important you know when it is the right time to stop. With a different party or event each and every night, it’s just not possible to say yes to all of them. Write down which ones are most important, planning your budget for the night in advance. If you’re going to be drinking and want to save money, buy a couple of drinks to have before you leave.
– Study An Online Degree
One of the best ways to save money whilst studying is to study an online degree. Whilst you won’t get to experience the whole ‘college lifestyle’, you will come away with the exact same qualification and a lot less debt. With no moving costs, travel costs or maintenance costs, you could save as much as a third with an online degree. Whether you need to find an online masters in financial management or online colleges for social work, you need to work out whether or not it would benefit you.
– Make A Budget And Stick To It
Although you may never have made a budget before, it’s important you have one for your time at college. Setting yourself a budget that features all of your living, transport and study costs will not only allow you to see where all your money is going, but it will allow you to plan your life ahead – especially as you should be thinking at least a term at a time. For a guide to creating a budget as a student, you can visit this site here.
– Plan And Prep Your Meals In Advance To Save Money
If you are struggling to save money when it comes to food, remember you’re only cooking for one now. Whilst most prepacked food items will come with a least three or four people in mind, you only need to cook for one. The best way to save money and reduce food waste is to cook for three people and freeze the food that you don’t eat. With just a few simple hours of preparation, you could prepare meals for the entire week.
– Live Outside Of Town To Save On Rent
Finally, if it is your rent that is causing you to have high living costs, you may want to consider living a little further out of town. Although you may find you have to pay more in order to travel, everything else will be much cheaper – including a pint of your favorite beer.
Are you struggling to afford your courses fees and maintenance costs? What can you do to ensure you’ve got enough money to survive in college? Let me know in the comments section below.