How to Save Money in College

College

Not all of us are privileged enough to enjoy college without having to worry about money. Some have to live a little less extravagantly. It’s okay. It’s nothing to be ashamed of. It helps build character and trust me, it’s even the source of some fun (and funny) memories you’ll look back when you’re already a CEO. But for now, here are some tips on how to save while you’re not yet at the top:

Form study groups. This way you can have access to different sources and materials by sharing them with other people. Books are costly, we all know that so if you can borrow materials from friends in same classes (you can lend them yours), then you don’t have to buy those texbooks that can cost you 200$ each.

If you live quite near the school, then commuting might be a better option than renting an apartment or living in the school dorm. Of course, calculate and compare the commuting expenses against the living expenses you’ll incur if you decide to live on campus, and see which one is actually less expensive in the long run.

Most colleges provide its students with food cards which they can use to buy foodstuff on campus. Or, you can buy food (non-perishable of course) by bulk for one semester – granted that you will have enough space for all those cookies and chips. You can also cook your own lunch and bring it with you to school so you won’t have to buy anything at all.

If you’re hardcore on saving, you can really benefit from applying for scholarships and grants. Check what scholarships and grants your college offers and try to apply for as many as possible. Make sure that you pay attention to all the qualifications and don’t forget to submit the
applications on their respective deadlines.

Don’t let lack of money get into the way of that CEO dream. There are ways to get through college, you’ll just have to be creative and patient in finding the,. Good luck!