Living on a student budget can be tough. With the cost of college tuition at an all-time high and other living expenses for students to contend with, being as thrifty as possible is often a necessity for those hoping to further their education. Many students spend a lot of time searching for new tips and tricks to help them save more and spend less so they can live a more comfortable life when at college. Here are some of our best thrifty tips for college students.
Online Education
If you’re hoping to save some money on your college tuition fees then you could sign up for an online learning program, such as this online MPA degree available from Rutgers Online. Not only is studying online ideal for students who want to earn as much income as possible since it provides a flexible schedule option that can easily be fit around full or part-time work, it is also cheaper, coming in at around one-third cheaper than traditional campus-based programs. Additionally, when you study online, you can choose to finish the program and graduate sooner, saving money on tuition costs.
Use Your Student Discount Card
Did you know that simply showing your student ID card can be one of the best ways to save money? Today, you can find a huge range of stores both online and offline which give students the opportunity to buy products or services from them at a cut price. So, if you’re spending money on treating yourself to something new or investing in new tech for your online master in public administration degree, don’t forget to enquire about any available student discounts beforehand!
Join Loyalty Schemes
As a student, loyalty schemes can be a great way to save some money for yourself and spend less on your regular expenditures. For example, you may be able to sign up to a loyalty scheme at your local grocery store, collecting points each time that you spend which can then be redeemed for money off or free products at your next visit to the store. Today, you can find loyalty schemes available for almost anything that you might buy, from new clothes to coffee from Starbucks.
Use a Budgeting App
Your college years are when you’ll really learn how to budget and make sure that your bills are paid, even if you’re living on a low income. To make it easier for you to manage your money at college, you may want to consider downloading a budgeting app, which will help you to stay on top of your spending and work out which items you could spend less on.
Sell Your Stuff
Lastly, don’t forget to think about different ways to improve your financial situation as a student by selling your old things. If you have any old gadgets, textbooks, or even clothes, you can sell them easily online using sites such as eBay or Schpock.
Saving money as a student is easier than you think!
The spending tips you gave are of great help to the students who are in financial lack. Great job of writing this up! 🙂 Thank you for sharing!