5 Efficient Ways To Save Money In College

College is a very expensive investment. It costs a lot, so parents can use every break they can take. And you can be very useful if you learn how to properly plan expenses and learn how to save throughout those years. There are so many different ways you can cut down some of the expenses. If you are smart enough and try out some of these tips, college life will get much better for you and your family. You’ll always have more cash in your pocket which offers a better financial stability. If you want to save money in college you can start reading all the useful tricks below.

Lend Textbooks

New textbooks can cost a whole fortune. That’s why it can be a smart idea to borrow from another student. You can also turn to the library and get one there. This is a great way to save money in college. There are a lot of sites online that offer renting textbooks. These days you can use so many different options and make things more affordable. If you still want to save money and have your own books, you can buy used ones. Amazon and eBay are a great place to search for. This doesn’t sound like a whole fortune but it will really make a change in your budget.

Avoid Eating Out

Food can be one of the top things you’ll spend money on during university. Eating out sounds so good, but it is expensive. Once or twice in a few weeks is fine, but making it a habit is definitely not good for your budget. If you’ve already paid for a meal plan in your college, make sure that you eat there. Another great idea is to go to the supermarket once a week and stock up on all the things that you need. Always make a shopping list ahead and make sure that you’re getting essentials, instead of splurging on everything that you see. Smaller stores can be more expensive as well as restaurants.

Invest In A Coffee Maker

You and your roommates can save some cash and buy a coffee maker. This will be a great, long-term investment. Instead of buying coffee every day from the local Starbucks or Dunkin Doughnuts, you will have a fresh pot at home. You will not only save money but also save time. If your roommates agree, you should definitely think of this when you move in together. There’s nothing better than a cup of hot coffee in the morning.

Use Student Discounts

Make sure that you use all the student discounts possible. You might not save a lot of money with just one, but if you gather all of them together you will see that it’s an impressive sum. It doesn’t matter if you are buying something online or paying in store, you can always check whether they offer student discounts. This is one of the best tips for all the students who want to save money in college.

Forget About The Car

Having a car in the university will bring way too many expenses. You will have to pay for your own gas, parking, and repairs. Instead, you can always stay on campus, carpool with friends and use public transport. You will soon realize how much money you’ve saved. Plus, cars need annual insurance, which can cost a whole fortune. So the best way to go is to decide not to have one. If you find a good job that brings you enough money you can always have your car back to college.

Skip to toolbar