Saving money while attending college requires a solid amount of work and effort.
Yes, it’s very tempting to want to spend all of the money you have on food, school merchandise, and even entertainment, but saving your money allows you to have a better, more profitable college experience. Fortunately, there are ways to avoid spending that large sum of money, starting with saving on course materials.
Textbooks are probably the most expensive item a college student will buy, but, thankfully, there are ways around paying full price for that required textbook:
- Try to find a used copy of the book. Most campus bookstores sell both new and used copies of the same book. If a used book is available, take it. It’ll undoubtedly be far less expensive than its newer version.
- Rent or buy on-campus or online books. Renting cuts the cost of the book in half or more. The only thing you need to remember about this is that you can’t keep it once the semester is over but if you find it particularly useful you can buy it and store it on your tablet or iPad.
- Share books with your classmates. This isn’t exactly the best option to choose from, since getting equal share can be a bit of a hassle, but it can spare you from not spending a lot of money for the textbook. Plus, if you find someone who is willing to share, you could end up with a solid studying partner and potential friend.
And thanks to the World Wide Web, there are still even more ways for you to save on required textbooks without having to sacrifice quality.
Not all students attend a university consisting of brick and mortar. With the growing popularity of online learning, several students are acquiring their degrees from virtually everywhere. Thankfully, whether your studying on or off campus, you can purchase or rent from an online source.
There are many websites out there offering you books for less. What’s so great about these websites is that you can easily find affordable eTextbooks instead of having to track down and buy the actual physical hard copy. Plus, these eBooks are formatted for most iOS, Android, and Windows software mobile devices, giving you a chance to take your work on the go and have it conveniently stored in your smartphone or tablet.
Along with the high cost of tuition and other facets that make higher learning an expensive endeavor, several students have no other option than to divide their week between earning a degree and earning an income.
Many colleges and universities offer work study programs at minimum wage. These programs are designed to give students a chance to make some money working less than 20 hours per week on campus. These jobs could include anything from working at your campus bookstore, library, or fitness center, among other options of course.
If you don’t want to work on campus, try taking up a part-time job off campus. Many stores in college towns can be flexible with your schedule and extracurricular activities, and it’s a great way to earn some extra cash.
Open a Student Checking and Savings Account
Many banks cater to students by offering checking accounts that don’t require a minimum balance and aren’t burdened with late fees. Not only would this allow you to keep your money in a safe place, but you can see your spending habits and change them accordingly to your new lifestyle as a college student. If you’re also working a job while in school, you could put some of your paycheck into a savings account and save up each month on something you really need, like a vacation to reward yourself after all your hard work.
With these saving tips in mind, you’ll be on your way to achieving financial success.