4 tips that will make up a great “money saving for students” plan. The life of a college student can be tough enough as it is. With the socializing, studying, exams, sleeping and so on. There is no need to add a financial burden to the laundry list of concerns. With that in mind, this article will outline 4 money saving for students strategies.
Money saving for students – 4 ways
1. Student Bank accounts: These accounts have fewer charges than most ordinary accounts. The interest component might not be as high, but with all the fees and service charges that other bank accounts incur, it is possible to save a decent amount of money just by getting a student bank account.
2. Junk Food: Yes, you stay up late nights studying and all you have access to is junk food. But remember your junk food costs a lot more than something you can whip up in your own kitchen. In addition, a simple home cooked meal would be a lot more healthy. This money saving for students tip can double up as a health tip.
3. Transport: If you are driving to school everyday, you may want to look at your fuel costs. Chances are you can save more by taking public transport. This is a GREEN money saving for students strategy. You could also try car pooling if you have other friends with the same timetable driving the same route. Go Green and Save Money.
4. Live at home: It might be more fun and free to live on campus, but staying at home will save you money on all your meals and accommodation costs. Home food is also usually a lot better than cafeteria food. If however, your transport costs exceed the benefits of staying at home, moving to campus will be the wiser choice.
Finally, though it isn’t a money saving for students tip, it is definitely related. Earning is the next best thing to saving. May it be a part-time job, tutoring, an odd job, or the miracle of earning money online. Either way it will be beneficial to supplement your income.