Sunday, October 25th, 2009

If you are in college, or planning to start college soon, you know the cost of tuition alone is plenty to worry about. Even with the best scholarships, many students, from all income classes, have some stress and worry trying to pay everything. However, there are a few tips and tricks to help you minimize stress and save money on many aspects of your college life. You can make college much more affordable with just a few simple steps!

 One way to potentially decrease the cost of your college education is to share off campus rent with a roommate. Living in the college dorms can be expensive, between the convenience of living on campus and the required meal plan you may end up supplementing for added variety and quality, you will probably spend more living in a dorm than living off campus. If you decide to share rent with a roommate, you will cut your off campus living expenses dramatically. While you might not be as close to your college if you do not live in a dorm, there are usually many people willing to rent out rooms within biking distance, walking distance, or along a bus route. You may also be able to find a location that is conveniently located close to your school and stores. Living in a rented space may also be more comfortable and have fewer restrictions than living in the dorms.

 Books are another very expensive aspect of college life. Students often spend hundreds of dollars a semester on textbooks. You can easily save money by purchasing used textbooks. You may be able to get many of your books for very dramatic discounts online or in bookstores offering used textbooks. Of course, if you keep your own textbooks in good condition, you can sell them at the end of the semester and use the money for next semester’s books.

 For many college students, everyday things can become hard to save money on. When shopping for necessities, such as food, take notice of the stores with the best prices. Normally, small food stores are going to be more expensive than larger supermarkets. Just keep your eyes open for great sales, but don’t skimp when it comes to keeping your body healthy.

 Dating can be another expensive aspect of college life. With so many new people to meet, you’re sure to go on a few dates between studying. Movies and nice restaurants can really empty your wallet if you’re going out every week. Many campuses offer a wide variety of social activities that are free or require a minimal cover charge. If a movie is important to you or your date, try to attend the matinee shows, which are typically discounted by several dollars. If you make a connection with the other person, you will have fun just taking a walk or having a picnic in a park. Do not feel pressured to spend money to impress people. Chances are, they are just as worried about their student finances as you are.

 College is probably one of the most expensive investments you will make for your future. With a little extra effort, you can at least minimize the day to day stress of making ends meet and possibly have a few extra dollars in your pocket to treat yourself once in a while.

Category: Budget, Food, Tips
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