College Life

Saving Money While in College: 101

Good evening everyone!

I feel like it’s only appropriate for my second blog post to be about saving money while being a college student.

img_2044

Here are some of my tips to saving some extra cash while in college, and how to feel less broke.

  1. r/freebies on Reddit.com: One of my favorite subreddits to visit; r/freebies has loads of freebies you can send for online. From make-up samples to household items, I have gotten quite a few free items thanks to this subreddit!
  2. Decluttr.com: I wish I had known about this website earlier in my young adulthood. You can sell your old books, CD’s, DVD’s, video games and cell phones. Start by cleaning up your room and get rid of some of that old junk that you no longer use.
  3. The iBotta App: This app will give you rebates for items you would normally shop for. Most items available on iBotta are grocery items, so when you’re doing your grocery shopping, this is the app to use! They also offer rebates on make-up, health and beauty items too, usually.
  4. Eat in more– Eat out less: One of my most important tips. My first (and biggest) mistake I made at first was eating out too much. I would pick up fast food on the way home from work or class. It’s so convenient, so why not? The sad fact is, eating fast food and at restaurants costs way more than eating at home. Purchasing and then making your own food cost less; you get more for your money.
  5. Collect all that spare change: Seriously. Do it. All that little change can add up. I had a jar I would store all of my change in, and in about 6 months I had $80 worth of money saved up.
  6. Selling your old Pokemon cards: Yes, it’s time to take out your old collection and check to see what they’re worth. Some cards (especially first edition versions) can be worth a lot of money! I currently do not have any rare cards, but selling all your duplicates and other unwanted cards can add up to some extra cash.
  7. Apply for a work study on campus: I know some students already do work study for their job; but if you are working part-time at another job, try picking up a work study at your college or university. While I was attending community college, I picked up a work study where I came in a few days a week, and I filed papers for one of the faculty members. It doesn’t make a ton of money, but you make minimum wage and usually get about 10 hours a week.
  8. Coupons, coupons, coupons: Coupons can be a life saver. I didn’t realize it until I became a little bit older, but they really help out. If you look in the local newspapers, you can usually find coupons on specific days of the week. Also, many department stores have apps for coupons, such as: mPerks (Meijer), Savings-catcher (Wal-Mart), Kroger mobile app and so on.
  9. Free events vs. Going out and spending money: Going to university can mean you have many more opportunities to chose from. Get involved with a club! A good way to spend your free time. Also be sure to check your college events to see what free functions they have going on. I usually try to preoccupy myself with going to the gym or free yoga classes they have on campus. It’s much cheaper than paying for a gym membership.

Those are all my best tips that I have for now. I hope my article helps out the fellow college students out there. If you have any good tips you’d like to share, let me know in the comments.

-ss

Advertisements

5 thoughts on “Saving Money While in College: 101

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s