Student Survival Guide: How To Save Money

save money

It can be a real challenge to juggle studies and keep yourself alive with other matters. A number of students have to work after or before classes so that they can have enough cash to get it through until next month. Expenses are piling up, and so are the deadlines. But that does not mean you have to skip certain meals during the day to save some extra cash. Numerous alternatives are available for you to try out to keep your pockets from going empty. Let’s check them out:

Start a budget meal plan

A budget meal plan is one of the best ways for you to save on cash. It will go a long way to plan your meals every week. Doing so will help in the cost-saving process as well. Not only that, but meal plans are readily available online. Most of them are articles and easy-to-follow tutorials. The best part is that most of these media cost nothing at all.

• Purchase goods via the internet

Speaking of online, it also pays a lot to do your food and other needs shopping online. The dozens and dozens of sites have several prices and goods that will fit your budget. If you get lucky, you will land yourself tons of discounts on specific items. You can also try shopping during holidays and special events. Websites often have special deals during these occasions.

• Buy second-hand goods

It may not be your cup of tea, but purchasing used or second-hand items can also give your wallet a break. The reason why people opt for second-hand items is that they cost less than brand-new ones. Another neat feat with visiting shops for second-hand wares is that you can never tell what you might find. You might discover rare collectible memorabilia, vintage accessories and appliances, antiques, old books, and so much more.

• Cook your own meals

That double-patty burger and large fries with coke do sound tempting for lunch. But you should beat it for now and cook your own meals instead. Self-cooked meals are your gateway to saving more cash during those long days. You choose what food items to use for your current meal. Plus, you can keep the rest for another meal idea. Not only that, but you also save time from traveling to food stalls and fast-food outlets.

• Volunteer

Each city has organizations and non-profit movements that give back to the community. You can sign up for one of these endeavors and become involved. You will be doing more than helping out. But the best thing about volunteering is that you get to meet new people and learn new things. You are doing all of it without spending a dime.

• Take a walk

If your campus is not that far, then why not walk towards it when you can? Or perhaps ride a bike. Walking works your muscles for some neat exercise. You also get to save on travel money.

• Take advantage of coupons and discounts

You also have the option to sign up for media and platform coupons and discount deals. You may never know when they can come in handy. But the important thing is that you can access them whenever you want. There are dozens of sites online offering these deals, such as Boots student discount, and so much more.

• Look around for free entertainment

Entertainment is all around you – all you need to do is take a look around. Just because you need money doesn’t mean you have to cut out all the fun and breaks. Visit small book outlets near you. Or maybe take a stroll at the park every 3 pm. Such small actions will let you take a break from all the cramming and fasting. You also will get to collect your thoughts and plan ahead.

• Try living on campus

Living on campus can be a cheap alternative to renting out rooms or dormitories near your school. A perk of living on campus is that you can save money on utility bills and transportation fees.

It would be wise to compare the numbers. Check between living on campus or at a dormitory. Pick the best choice that suits you and your budget.

• Track your expenses

Tracking your expenses takes some time to accomplish. But the process allows you to find out where you are coming short. It will show if you have issues with buying extra drinks during weekends. You can also compare the prices you purchase goods for as the weeks go by overall.

Being a student is one step away from your future career. It is paramount that you keep your mind and body safe and healthy as much as you can. Don’t compromise when money gets short all of a sudden. There are numerous ways you can save on cash so you can get on with another week or two.

The views expressed in this article are those of the authors and do not necessarily reflect the views or policies of The World Financial Review.