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Updated by millerwilliee on Jun 03, 2022
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9 Ways to Save Money in College

9 Ways to Save Money in College

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9 Ways to Save Money in College

9 Ways to Save Money in College

We’ve all spent money on things we didn’t need with money that we didn’t have. This is still a prevalent problem among college students because they trick themselves into believing that college is a time when you’re supposed to be poor, but with some simple money-saving tips you can stay ahead of the game and out of debt. Live frugally because the main reason you’re there is to get an education. Besides, you don’t have to spend money to have fun.
Here’s a list provided by the experts from psychology help service of 14 ways you can save money in college:
1. Cut down on fast food
Fast food often puts a huge dent on many students’ bank accounts. Spending $8 on a meal might not seem like a large amount of money, but over time it adds up, so take full advantage of your school’s cafeteria or dining hall. Plus, it gives you a chance to be social and meet new people.
2. Don’t drink or smoke
Not only is drinking and smoking terrible for you; it’s incredibly expensive, so ditch the habits that damage your body and your bank account. Start drinking water. It’s free and the best option to keep healthy.
3. Pay your bills on time
No one likes a late fee–they can be quite costly. Not to mention missing payment deadlines can have an adverse effect on your credit score, which can turn out to be very costly in the long run. To learn more about building a credit score.
4. Don’t buy expensive cable packages
Paying for an expensive cable package for twelve months a year adds up. Chances are you’re not watching all of the channels anyway, so cut back or get rid of it completely because there are better things to do like studying, exercising, and socializing.
5. Rent your textbooks
College bookstores charge outrageous prices for books you’ll only need for a semester, so rent when you can. Amazon is a great place to rent books and if you’re a student you can get a FREE Prime membership for six months.
6. Trade in your old stuff
Bring in anything you don’t use to the local pawnshop. You’ll make a few bucks and you’ll have all that junk off your hands.
7. Buy a coffee machine
Making your own coffee tremendously lowers your monthly expenses. Why overpay for someone else to make your coffee when you can make it yourself?
Useful article: https://studydaddy.com/question/1-a-perfectly-conducting-plane-is-located-in-free-space-at-x-4-and-a-uniform-inf
8. Only take loans for education expenses
A lot of students tend to forget that they have to pay back their loans one day. Only use your borrowed money for educational expenses. Education is an investment. A new wardrobe isn’t.
9. Avoid expensive spring break and summer trips
You don’t have to spend thousands of dollars to enjoy yourself. You’re young, so have fun with some friends and avoid the pricey hotels and restaurants. Nothing beats the All-American low-budget road trip, anyway.

More resources:
3 Easy Steps to Write an Essay
Explanation of the Ivy League (Stanford, MIT, and Duke Are Not Ivy League Schools)
7 Differences Between the Rich and the Poor
How to Establish a Credit Score at a Young Age