Living on a student budget is not easy so some good money saving tips for students can really come in handy. Stretching that dollar to cover everything you need and not having to beg borrow and steal does not have to be difficult. You don't need to live in a tent and eat one meal a day, but following some simple money saving tips for students can help you save a few $100s a semester.
4 Money saving tips for students
1. Student Discounts: Being a student, you are offered so many perks, like discounted food, transport concessions and even discounts on clothing. Be sure to know where you are eligible for these discounts so if ever you need to open your wallet for something, you'll know where to go to get a discount for it.
2. Used Textbooks: You're only using it for 1 semester, so there is no need for it to be brand spanking new. Go to the used book store or contact a senior to save on your semester book fees. This could easily save you more than a $100. And don't forget to sell your books to the next batch. That's not just money saving tips for students; it is earning tips too.
3. Accommodation: It might be nice to spread your wings and live alone. But is the privacy worth the extra money? Share a room and spend less. College is also about the social life so why live alone when you can pay less and live with a new friend. And if you still need privacy at certain times, you and your roommate could come to a mutually beneficial agreement.
4. Needs and Wants: All money saving tips for students come down to this. Distinguish between what you need and what you want. More often than not, try not to spend on it unless you NEED it. This will save you the most money. All those extra cans of coke and bags of chips add up to a tidy sum after a semester.
Some good money saving tips for students can go a long way, but what's better is earning some money too. There are so many ways to do this, whether it is getting a part-time job, to earning money online. Saving and earning will go hand in hand to ease your financial situation.
If you're on a shoe-string budget these money saving tips for students can go a long way. Be careful with your expenses and always think twice about your NEEDS and WANTS. And to help the situation further, don't be afraid to go out there and try earning some cash. Part-time jobs, tutoring, affiliate marketing are all great ways to do it.
Article Source: http://EzineArticles.com/5600020
Friday, June 24, 2011
Money Saving For Students - Fatten Your Piggy Bank
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.
Article Source: http://EzineArticles.com/5599999
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.
Article Source: http://EzineArticles.com/5599999
Money Saving Tips That Really Work - How We Saved $300 a Month
Would you like to save over $300.00 a month? As a money saving consumer advocate this is a question our family visits regularly as we go over our Monthly Family Budget. We recently met for a brainstorming session to see how we could shave and save more money each month. Our tips can work for your family too. Schedule a time to talk to your spouse about money and divide up the money saving missions.
How were we able to save $300.00 each month?
Saving Money Tip #1: Evaluate Services You Don't Use
When we reviewed our monthly expenses, the first to go on the chopping block was our AT&T Bundle invoice. Maybe yours is DirecTV, cable or pay television by another name.
We were spending $9.99 each month each for premium channel like Cinemax and HBO. We enjoy watching movies but the reality was that we just weren't able to watch these movies at the times that they were on and even DVR'ing them didn't help we couldn't find the time to sit and watch all we would like. Dropping the premium channels saved us $20.00 per month.
Saving Money Tip # 2: Drop Unused Entertainment Expenses
We feel that we are already frugal in the entertainment area taking advantage of Entertianment book and free events. With coupons, promotions and free event, much of our entertainment ends up being free or low cost. Still we were back to monthly movie costs again. Using Blockbuster Online cost $15.99 a month plus we had to rent at least four movies each month to get free movies in store. Since we hadn't taken advantage of a free movie in over 6 weeks, we saw that this was an expense that we could easily cut. We weren't getting the value for our money. Instead we sign up in store for Block Buster movie rewards and now we can get buy one get one free 3 days a week and only pay when we use the service.
This brought our monthly savings up to $35.99.
Saving Money Tip # 3: Look at Your Phone Bills
Next we examined our cell phone bills with Verizon. Since our home phone package includes unlimited long distance, we saw that we were not using our full amount of minutes. We called our cell phone carrier, Verizon, and asked for discount ideas including corporate and school discounts for our son who's in college. By changing our plan to Friends and Family and lowering the minutes we reduced our communications expenses by about 15% for a savings of $37.00 per month.
Our monthly savings now totaled $72.99.
Remember that these first three money saving tips only took a one-time phone call. We called once but we save money every month.
Saving Money Tip # 4: Brown Bag Lunches
How much do you really spend each month on lunches? A look at our debit card and credit card statements showed us that just one of us was spending about $6.00 a day for lunch which ends up being $120.00 per month. This doesn't even factor in the gas money for going out to get lunch. With some reusable containers and leftovers, our family is saving money, saving gas and going eco-friendly too, not to mention that the packed lunch is healthier.
By packing 20 work day lunches a month, our family's cumulative monthly savings is up to $192.99.
Article Source: http://EzineArticles.com/3368550
How were we able to save $300.00 each month?
Saving Money Tip #1: Evaluate Services You Don't Use
When we reviewed our monthly expenses, the first to go on the chopping block was our AT&T Bundle invoice. Maybe yours is DirecTV, cable or pay television by another name.
We were spending $9.99 each month each for premium channel like Cinemax and HBO. We enjoy watching movies but the reality was that we just weren't able to watch these movies at the times that they were on and even DVR'ing them didn't help we couldn't find the time to sit and watch all we would like. Dropping the premium channels saved us $20.00 per month.
Saving Money Tip # 2: Drop Unused Entertainment Expenses
We feel that we are already frugal in the entertainment area taking advantage of Entertianment book and free events. With coupons, promotions and free event, much of our entertainment ends up being free or low cost. Still we were back to monthly movie costs again. Using Blockbuster Online cost $15.99 a month plus we had to rent at least four movies each month to get free movies in store. Since we hadn't taken advantage of a free movie in over 6 weeks, we saw that this was an expense that we could easily cut. We weren't getting the value for our money. Instead we sign up in store for Block Buster movie rewards and now we can get buy one get one free 3 days a week and only pay when we use the service.
This brought our monthly savings up to $35.99.
Saving Money Tip # 3: Look at Your Phone Bills
Next we examined our cell phone bills with Verizon. Since our home phone package includes unlimited long distance, we saw that we were not using our full amount of minutes. We called our cell phone carrier, Verizon, and asked for discount ideas including corporate and school discounts for our son who's in college. By changing our plan to Friends and Family and lowering the minutes we reduced our communications expenses by about 15% for a savings of $37.00 per month.
Our monthly savings now totaled $72.99.
Remember that these first three money saving tips only took a one-time phone call. We called once but we save money every month.
Saving Money Tip # 4: Brown Bag Lunches
How much do you really spend each month on lunches? A look at our debit card and credit card statements showed us that just one of us was spending about $6.00 a day for lunch which ends up being $120.00 per month. This doesn't even factor in the gas money for going out to get lunch. With some reusable containers and leftovers, our family is saving money, saving gas and going eco-friendly too, not to mention that the packed lunch is healthier.
By packing 20 work day lunches a month, our family's cumulative monthly savings is up to $192.99.
Article Source: http://EzineArticles.com/3368550
Saving Money For College - Money Savings Made Easy
Saving money for college can be one of the most daunting tasks in the lives of future college students and their parents. College fees are on the rise, and scholarships and grants aren't available to everybody. So getting a head start and saving money for college is vital if you want to get into the college of your choice.
Nobody wants to have their dreams of college hindered by the size of their bank accounts and similarly nobody wants to be thousands of dollars in debt. But the average student graduates college, almost $30,000 in debt. Saving money for college is therefore extremely important and the earlier you start the better.
This article will lay out 6 college money saving tips.
1. Set a target: You should start saving money for college by first deciding how much you will need to save. Estimating the price of tuition for when you or your child goes to college and then counting the interest you receive on your savings, calculate how much you might need to put aside every month. Setting this goal is essential to knowing how much to save.
2. Start Early: The sooner you start, the less you have to put aside consistently. Small amounts of money can add up to a lot over time. That, and the interest component should help you gather the amount you need. Remember that procrastinating and not starting saving money for college now will mean a smaller college fund and harder saving later.
3. Spending evaluated: You don't have to live in a tent or eat one meal a day, but by cutting down on some of the luxuries or extravagant things that you don't need you might be able to save more than you initially thought possible. You would be surprised how much money is spent on things that we actually don't NEED.
4. Paid off loans and salary increments: Any time you pay off a loan or get a raise, put aside the extra income or a portion of it towards the college fund. This will accelerate your savings and grow your rate of saving too. After all, you did without that spending money for quite a while, why start spending it now, when you can save it instead.
5. Automated deposits: With deposits automatically taken out of your account and put into your college savings account, you will not have to worry about overspending that month and so not being able to meet your monthly savings target.
Article Source: http://EzineArticles.com/5600095
Nobody wants to have their dreams of college hindered by the size of their bank accounts and similarly nobody wants to be thousands of dollars in debt. But the average student graduates college, almost $30,000 in debt. Saving money for college is therefore extremely important and the earlier you start the better.
This article will lay out 6 college money saving tips.
1. Set a target: You should start saving money for college by first deciding how much you will need to save. Estimating the price of tuition for when you or your child goes to college and then counting the interest you receive on your savings, calculate how much you might need to put aside every month. Setting this goal is essential to knowing how much to save.
2. Start Early: The sooner you start, the less you have to put aside consistently. Small amounts of money can add up to a lot over time. That, and the interest component should help you gather the amount you need. Remember that procrastinating and not starting saving money for college now will mean a smaller college fund and harder saving later.
3. Spending evaluated: You don't have to live in a tent or eat one meal a day, but by cutting down on some of the luxuries or extravagant things that you don't need you might be able to save more than you initially thought possible. You would be surprised how much money is spent on things that we actually don't NEED.
4. Paid off loans and salary increments: Any time you pay off a loan or get a raise, put aside the extra income or a portion of it towards the college fund. This will accelerate your savings and grow your rate of saving too. After all, you did without that spending money for quite a while, why start spending it now, when you can save it instead.
5. Automated deposits: With deposits automatically taken out of your account and put into your college savings account, you will not have to worry about overspending that month and so not being able to meet your monthly savings target.
Article Source: http://EzineArticles.com/5600095
How to Save Money in College - College Money Saving Tips To Make Life Eas
Starting college soon? By now, you must hear a lot of horror stories about how your money can magically disappear once college life begins. It may all sound horrifying but most of them are true. That is, if you don't have any experience when it comes to budgeting and saving. If your parents taught you the value of money early on in life, you will be able to breeze through college without having to acquire a lot of debt. However, if you lived at home without having to worry about money, then, you have to learn the basics on how to save money in college.
Going away for college will take a lot of preparation. From enrolling to actually moving in, it will take you months to prepare. There are two options as to where you can live - college dorm or off campus. For first year students, it is more likely that you will choose the dorm. This way, you will be able to adapt to college life better. Everything will be within reach. You will save a lot by living on campus right? Well, think again. There are advantages and disadvantages living on campus.
Nevertheless, you still have to think of ways to save money in college. Here are some college money saving tips that you can easily start on your first year.
1. Bring everything you need from home. You do not have to buy new linens, curtains, tables, pillows or whatever you want to put in your room. If you have them from home, bring them together with your clothes.
2. Buy second hand books. Check books online. There are many students who sell the books from their previous subjects online. Scour them first before going out to buy new ones. It will be cheaper and you can save your money.
3. Buy off campus. Although there are many stores inside the school, they will cost more. Go out and buy the things you need once in a while. Schedule your trip to the supermarket. Buying meals, chips or bottled water in your school's cafeteria will give a serious dent on your pocket. Purchase them in supermarkets. Get your roommates to go with you and if possible, share some of the things you need. You can alternate with food shopping and cooking if the need arises. If you need a microwave in your room, you can all chip in since all of you will be using it. Other stuff you can share includes dorm decors, ref, tv, dvd player and stereo. Most college students spend a bulk of their money spending on beer. Buy them in cases and stock up. Get the cheapest one available. Beer is beer. No need to buy the most expensive one in the market.
4. Spend your leisure time on a part time job. If you can fix your schedule, get a part time job. You can do tutoring or waitering off campus.
Article Source: http://EzineArticles.com/5836904
Going away for college will take a lot of preparation. From enrolling to actually moving in, it will take you months to prepare. There are two options as to where you can live - college dorm or off campus. For first year students, it is more likely that you will choose the dorm. This way, you will be able to adapt to college life better. Everything will be within reach. You will save a lot by living on campus right? Well, think again. There are advantages and disadvantages living on campus.
Nevertheless, you still have to think of ways to save money in college. Here are some college money saving tips that you can easily start on your first year.
1. Bring everything you need from home. You do not have to buy new linens, curtains, tables, pillows or whatever you want to put in your room. If you have them from home, bring them together with your clothes.
2. Buy second hand books. Check books online. There are many students who sell the books from their previous subjects online. Scour them first before going out to buy new ones. It will be cheaper and you can save your money.
3. Buy off campus. Although there are many stores inside the school, they will cost more. Go out and buy the things you need once in a while. Schedule your trip to the supermarket. Buying meals, chips or bottled water in your school's cafeteria will give a serious dent on your pocket. Purchase them in supermarkets. Get your roommates to go with you and if possible, share some of the things you need. You can alternate with food shopping and cooking if the need arises. If you need a microwave in your room, you can all chip in since all of you will be using it. Other stuff you can share includes dorm decors, ref, tv, dvd player and stereo. Most college students spend a bulk of their money spending on beer. Buy them in cases and stock up. Get the cheapest one available. Beer is beer. No need to buy the most expensive one in the market.
4. Spend your leisure time on a part time job. If you can fix your schedule, get a part time job. You can do tutoring or waitering off campus.
Article Source: http://EzineArticles.com/5836904
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