Budget Tips For College Students

Budget Tips For College StudentsBeing a college student can have many perks and downfalls. Colleges and universities can be quite expensive these days, which is why it is crucial to make the best out of being a student.

I didn’t start taking full advantage of the perks of being a student until about a year ago.

1. Use your student discount.

Like I said above, take full advantage of student discounts.  You would be quite surprised how many places have student discounts. This can also come in handy if you need to buy more expensive items, such as laptops or other electronics.

2. Find ways to save money.

If you’re in college, I’m sure you have some sort of smart phone. If you do, next time it breaks try to fix it yourself with an iPhone screen replacement. This can probably save you at least 50% plus you can do it yourself at home in as little as 10 to 15 minutes. Who doesn’t want that?!

There are many other ways to save money as well. Try to challenge yourself!

3. Think about skipping the school’s meal plan.

If you don’t live on campus, don’t buy the meal plan from school. The meal plan at my college is extremely overpriced, and it isn’t buffet style as well. Either way, having a buffet to your access at all times isn’t a good idea for your health either. Instead, start taking care of yourself now and preparing your meals yourself. Soon enough you will be buying your own groceries and having to fend for yourself.

4. Take advantage of the gym available at your school.

I know of some colleges in the U.S. that have gyms the size of a football field. Some gyms even have aquatic parks in them that look a little bit like paradise or even a decent rock climbing wall!

The gym at my school is fairly small, but it has exactly everything you need. If your school for some reason doesn’t have a gym that is available to you, then take a stroll or run around the campus. Most colleges are and should be fairly beautiful with nice scenery, so it adds a little bonus to your run.

5. If you buy your books, return them right when you are done with them, instead of waiting.

You’ll most likely get a better price while they are somewhat new and in good condition as well. Try not to write in your book if possible, so the value of the textbook remains as high as possible. I actually have never even bought a book, I rent all of mine. There are websites that will tell you the cheapest price available for the book and where to buy it. If you are taking a short class that is only a month, the textbook is even cheaper to rent.

6. Watch your entertainment spending.

There are many different ways to have fun. Whether you like to play on casino.netbet.co.uk, go for a hike, play board games, or something else, always make sure you stay within your budget. You can allocate however much money to your entertainment category in your budget as you realistically want to, just make sure you are still paying off debt, saving money, and so on.

What other budget tips would you recommend a college student taking advantage of?