Tuesday, December 30, 2014

Money Saving Tips For College Students

The following post is a sponsored guest post. The school year is halfway over. Only a few more months of school and many kids will be off to college. This post is all about money saving tips for college students. Feel free to share with your soon-to-be college kid. Also, teach them the importance of each item.
Image Credit: CashMoneyLife
Keep reading to see these great tips!

Being a college student, you need that extra hundred dollar note to satisfy your needs. In most of the cases, you won’t get it. So, look for alternatives where you can save dollars. 

We have compiled a list to help you look for money saving opportunities. Read them and make the most of it.

Make a budget
Your parents, teachers, and even your friends have told you about it, at least once. It is time to seriously make a budget. Not only should you make a budget but even try to compress it, if possible. Cutting down on extra burgers and pizzas won’t hurt. So, do it. 
TIP: Make a monthly budget.

Clothes and accessories
Buy them online. Yes! Buying them online is a wise decision because online stores offer exciting deals and discounts on the listed items. That is not all. Online stores like Nordstrom even offer free shipping and free returns. Buying your stuff online, you can even decide which color, fabric, brand, etc. suits your need, and everything can be done with a click.

If you can, save some dollars to bail you out of an emergency. Remember, such situations don’t call or message you before storming your schedule and budget. So, be prepared.

Discount coupons and promo codes
Well, as a college student, there are a number of needs to be satisfied. So, collect every coupon or promo code that comes your way. Look for them in newspapers and coupon sites. Some coupons like Nordstrom discount coupons are available for a limited period only. So, grab them and use it.

Spend less on buying new textbooks. You can rent used textbooks. Your syllabus does not change every six months. So, used textbooks will help you save money. However, keep a tab on recent changes. If the change is drastic, buy new textbooks.

Savings account
Keep excess money in your bank account. Look for a bank account that earns interest. Yes, this amount will be nominal. But something is better than nothing, right? Note: Check for their terms and conditions. It is important because some important factors need proper understanding. Don’t choose a bank because it offers a higher rate of interest. Scrutinize, before you finalize!

Investments can be made in the right headphones and the best laptops too. It depends on your needs. Investment always starts small. Managing your investments, you will be able to save more for the future. 

Shop online
Whatever is on your list, try to buy it online. Today, you can buy almost everything online. What's better? You get amazing deals on your purchases. So, search for online bargains and make the most of it. 

Take part in college competitions
An entry fee for every contest is nominal. Competitions can get you decent cash prizes. So, if you have the caliber, go for it. 

With this list, you can save money while still in college.

If you wish to add some points, please feel free to add them in the comments section 

*this post was a sponsored post. I received compensation for this post*

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