Guest Post | Submit   Job information   Contents   Link   Youtube Video   Photo   Practice Set   Affiliated Link   Register with us Register login Login
Join Our Telegram Group Join Our Telegram Group https://t.me/educratsweb

10 Money Saving Tricks for Students

Posted By David SimmonsScholorship 🗓 Tuesday October 22 2019 👁 265

It doesn't matter if you are a senior or a sophomore in college, managing your money will be among your topmost priorities. Sure, college life isn't all about the bells and whistles, as the vast majority of students are already under pressure from debts and related expenses. Pair that with the fact that education itself is a significant source of stress, and you have a concoction that promotes mismanagement and increases to your troubles. Allocating money towards expenses such as accommodation, food, fees takes a significant amount of know-how and can contribute to your worries too. For that reason, we have collected some of the best ways you can save money in college and not have to struggle in this regard anymore.

Buy only what you need

At this age, it is easy to go over budget and buy things based on impulses alone. Sure, this would be a good thing to do if money wasn't a problem, but if finances are limited, this is just a waste of money. Therefore, an excellent way to regulate your expenses is to only buy items that you need. You need to sort things out based on their necessity and use that to determine your purchases. It really helps to write down a list of items that are essentials, such as groceries and toiletries, and make a separate list for your wants. You want to spend the main portion of your money on these necessities, and add the remaining amount towards your desires.

Look for free goods

Since money needs to be spent judiciously, the ideal scenario would involve acquiring free products. Although that is too much to ask, you should try to scope out opportunities to get free items, such as competition freebies. Being on the lookout for chances to enter yourself in raffle draws, competitions and other events where free things are likely is good too. If you look online, you will find communities that are dedicated to discovering competitions with giveaways and other sweet deals. Likewise, you will find numerous brands looking for people to send their products, to receive their reviews and opinions in return.

Manage your money

Arguably the most solid way to save money is to know where it is going from your pocket. The main mistake many college students make is that they simply keep paying any bills and expenses that come up without paying attention to the amount of money they're paying and the reason why. For this purpose, it is recommended to make an Excel Spreadsheet or something similar, and add any purchases and payments to it promptly. This would allow you to keep an eye on the amount of money being spent and simplify any calculations down the line.

Make a budget and stick to it

If you don't have a budget to follow, it is safe to say that your expenses will be all over the place. Just like how a successful project starts with a proper design plan, your expenses need to follow the same format as well. Budgeting isn't something that just comes naturally, though. If you are confused about how to divide your money and need some assistance, it is an excellent idea to take the help of an older friend or relative. Making a budget allows you to visualize the inflow and outflow of money and understand the potential points where improvements can be made.

Buy quality over quantity

Most students make the rookie mistake of going for cheap goods over quality ones. Sure, your budget may not allow you to get those expensive shoes you saw at the mall yesterday, but that doesn't mean you should make do with low-quality goods. If you break out the math, buying more of a cheap item is considerably more expensive than buying a quality item once and forgetting about it. Quality goods last longer and retain their looks for equal time as well. There is also the factor of comfort, as cheap goods often maintain their price point by sacrificing exactly that.

Use coupons when shopping

Another good way to save cash is to shop smart. In continuation of our previous trick, using the coupons and other discounts when shopping is a viable option for students looking to save money. Many big brand retailers and outlets give out coupons by mail, magazines or even through online sources. In many cases, these coupons are offered as part of a sale or occasion. As such, you need to keep your eyes peeled for any coupons, and plan your shopping around them. Once you have a coupon for every item you wish to purchase, you can simply head on over to the stores and get what you want.

Avoid buying single-use items

A significant way to save money is to reuse items instead of purchasing new ones. Not only will you do nature a big favour, but you would also save a significant amount of cash in the process as well. For instance, instead of buying a bottle of water to quench your thirst, you can take a refillable one and fill it up at a hydrant. A sturdy water bottle should last you a couple of months at least, and if you go for one with a metal body, it can easily be used for a year or more.

Don’t rely on credit cards

If you are earning some money on the side in college, it might be enticing to go for that low-interest credit cards and use that as the primary vehicle for your purchases. Although the offers and promotions for those cards state them as the perfect solution for students, the reality is that most students are already under some amount of debt. Add in the credit card fees and interest, and you will see your wallet dwindle. Now, you may require a credit card if you want to make some online purchases, but that can be solved by using a dedicated internet purchase card that is effectively a debit card.

Know the markets

People tend to lose money as they often shop at inopportune times. Buying items as soon as a sale has ended will simply cause you to spend more money on something that was just available for cheap. This is also the case with online purchases, as timing your purchases with promotional periods is essential to save money. For instance, if you look online for an assignment service, you will notice that they have certain offers that make them a better deal than the others. For this purpose, you need to find a service that offers you the best value for the money, preferably with positive reviews.

Use campus facilities and perks

Many colleges and universities have benefits in place for their students, which they might not be aware of. Depending on the college you go to, you might be eligible for a student discount at bookstores and some brands, as well as software solutions. As an example, it is possible to acquire a free copy of Microsoft Office in most colleges by merely using your university login credentials. To see if you are eligible, you can visit the official website and enter your school email address to find out.

10 Money Saving Tricks for Students
Contents shared By David Simmons
if you have any information regarding Job, Study Material or any other information related to career. you can Post your article on our website. Click here to Register & Share your contents.
For Advertisment or any query email us at bharatpages.in@gmail.com

RELATED POST
  1. General Scholarship Scheme (GSS) and Education Exchange Programme (EEP) for the academic year 2020-21
  2. CENTRAL SECTOR SCHEME NATIONAL MEANS-CUM-MERIT SCHOLARSHIP SCHEME
  3. 10 Money Saving Tricks for Students
  4. Pre-Matric Scholarships to the Children of those Engaged in occupations involving cleaning and prone to health hazards.
  5. University Grant Commission : Scholarships and Fellowships
  6. National Fellowship for Scheduled Caste Students
  7. Dr. Ambedkar Pre-Matric and Post-Matric Scholarship for DNTs
  8. National Fellowship (NF) for OBC Students
  9. Education Loan Scheme of the NBCFDC
  10. अल्पसंख्यक छात्रवृत्ति योजना
  11. Pre-Matric Scholarship to OBC for studies in India
  12. National level Scholarships and Awards for students
  13. खुशखबर: लड़कियों को दी जा रही है स्कॉलरशिप, आखिरी तिथि से पहले करें आवेदन
  14. CENTRAL SECTOR SCHOLARSHIP SCHEME OF TOP CLASS EDUCATION FOR SC STUDENTS
  15. Pre-Matric Scholarship to the SC Students studying in classes IX & X
  16. Post-Matric Scholarship for Schedule Caste Students
  17. Scheme of Free Coaching for SC and OBC Students
  18. Post-Matric Scholarship to the EBC Students
  19. APPLY ONLINE FOR POST MATRIC SCHOLARSHIP (PMS) FOR SC STUDENTS-BIHAR
  20. APPLY ONLINE FOR POST MATRIC SCHOLARSHIP (PMS) FOR ST STUDENTS-BIHAR
  21. SCHEME FOR UPGRADATION OF MERIT OF SC STUDENTS
  22. Construction of Hostels for OBC Boys and Girls
  23. SOF GIRL CHILD SCHOLARSHIP SCHEME – 2019-20
  24. Central Sector Scheme of National Overseas Scholarship for SC etc. candidates (2018-19)
  25. APPLY ONLINE FOR POST MATRIC SCHOLARSHIP (PMS) FOR OBC STUDENTS-BIHAR
  26. SOF Scholarship of Excellence In English (SOF SEE) - 2019-20
  27. National Scholarships Portal
  28. Schedule of Olympiad exams for 2019-20
  29. Scheme of Free Coaching for SC and OBC Students
  30. Trainee and Plant Engineer job vacancy recruitment in TNPL 2020 - 28 Days Remaining for Apply
  31. Recruitment of Manager Job Vacancy in TNPL 2020 - 27 Days Remaining for Apply
  32. Recruitment of Scientist and JRF in NE-SAC 2020 - 26 Days Remaining for Apply
  33. Recruitment of Sub-Inspector, Head-Constable, Constable in BSF Water Wing 2020 - 21 Days Remaining for Apply
  34. Faculty & Non-Teaching Vacancy in Mahatma Gandhi Central University (MGCU), Motihari, Bihar 2020 - 23 Days Remaining for Apply
  35. ISRO USRC Recruitment 2020: Apply Online for 182 Technician, Scientific Assistant and Various Other Posts - 11 Days Remaining for Apply
  36. Recruitment of Professor Teaching Facultyin Ch. Ranbir Singh University (CRSU), Jind, Haryana 2020 - 11 Days Remaining for Apply
  37. Technical Assistant and Technician Recruitment in BIS 2020 - 13 Days Remaining for Apply
  38. Recruitment of Jr. Engineer Job Vacancy by RSMSSB 2020 - 38 Days Remaining for Apply
  39. Faculty Vacancy Recruitment in GIMS Greater Noida 2020 - 6 Days Remaining for Apply
  40. COMEDK UGET 2020 Examination: Notification, Application Form, Eligibility, Exam Date, Pattern & Syllabus - 53 Days Remaining for Apply
  41. Recruitment of Graduate and Management Trainee vacancy in MOIL 2020 - 14 Days Remaining for Apply
  42. Recruitment for the post of Peon vide order dated 10.02.2020 OFFICE OF THE DISTRICT & SESSIONS JUDGE : SAS NAGAR PUNJAB - 4 Days Remaining for Apply
  43. APSSB Recruitment 2020: Apply Online for Total 944 Vacancies - 12 Days Remaining for Apply
  44. Online Application Form for BCECE-2020 (Adv. No. BCECEB(BCECE)-2020/03 Dated 19.02.2020) - 25 Days Remaining for Apply
  45. Non Faculty vacancy in NIT Meghalaya 2020 - 42 Days Remaining for Apply
  46. Recruitment of Faculty Job Vacancy in AIIMS Nagpur 2020 - 36 Days Remaining for Apply
  47. Government Jobs Vacancy Recruitment by Haryana SSC Advt. No. 1/2020 - 29 Days Remaining for Apply
  48. Uttar Pradesh State Rural Livelihoods Mission (UPSRLM invites dedicated professionals to apply for the following openings at the state level, district and block levels. - 12 Days Remaining for Apply
  49. Recruitment of Faculty Vacancy in NIT Srinagar 2020 - 8 Days Remaining for Apply
Save this page as PDF | Recommend to your Friends

http://educratsweb(dot)com http://educratsweb.com/content.php?id=945 http://educratsweb.com educratsweb.com educratsweb