The lack of money is especially acute in the student years. Education represents a period of youthful life. You learn numerous interesting things, make new friends and acquire a lot of positive emotions.
It is a firework of joy and full of pride for becoming an adult and independent but the real existence always makes its own adjustments. Let’s focus on the most acceptable ways to save.
You can solve the problem of cash shortage in different ways. Someone achieves an increased scholarship for their success, while others are going to work in their spare time.
But, as you do not try, there is not much currency. Expensive education limits a family budget and not all parents may afford to sponsor additional waste of their children.
Nevertheless, there are several proven methods on how to save so that a student will always be with money and do not climb into debt.
1. Set a Goal
Any savings must carry a certain aim. It is quite significant to understand why you are going to skimp buck- an economy should not be associated with greed.
No matter how hard your financial state, it’s better to live within your means and not spend more than you can afford. Keep a monthly record of your income and expenses and do not spend beyond the budget.
2. Be Careful with a Bank
Always be prudent when approaching bank loans; at initial glance, monetary freedom may turn into an endless bondage.
Getting easy money, there is a risk thoughtlessly squander them on completely unnecessary things without which you can do.
The warning also applies to credit cards, which only create an illusion of having currency. Nevertheless, pay bills on time- this will help you avoid fines, which entail additional costs.
If too long cannot be avoided, choose a credit card with an interest-free period, monthly interest on the balance and an ability to obtain discounts in shops when paying by this card. Never allow arrears on monthly payoffs.
3. Use Discounts
Student age allows you to enjoy discounts in places of self-service, transport, and supermarkets. We are dealing with a universal means for obtaining various kinds of benefits.
Sell unnecessary stuff but do not throw away anything you do not need any more- these belongings can be useful to someone, you may earn.
4. Sell Bought Textbooks at the End of the Last Semester
Your training has come to a final. It is unlikely that manuals will be good for you in the next year, and if you bought them, sell to those who will study for a lesson than you.
There is also a more efficient method of saving, for instance, you could consider in the next course a possibility of renting guides. This will aid you to save a decent amount of money.
5. Use Public Transport
The desire to have a cool car will not prohibit anyone, but if it is tight with cash, then it is better to take a bus or tram. In such a way you may economize on fuel and car repairs.
The most advanced students manage to ride a ‘hare” or share one pass for two.
6. Do Not Visit the Store Hungry
Visiting a shop on a full stomach, you spend less money on food, buying only what is really needed.
Try not to seize a stress from the upcoming session or an important exam; give preference to a lively lifestyle and never snack for a company; eat only when you really want.
7. Healthy Lifestyle
Quit smoking! This pernicious habit not only spoils your health, but it also hurts your pocket. Think about the numbers: after quitting smoking, you may save, not much less, 18 thousand a year.
Maintaining an athletic form, and as a result, a healthy body will facilitate significantly save on drugs in the cold period. Walk more.
Spending a taxi, gasoline or renting an automobile is not justified compared to a walk in the fresh air. In addition, you may save currency on a subscription to a fitness club.
Pay attention to food. It is clear that a cafe is a favorite place for all students but, initially, it is expensive and inexpedient, and dry-fat spoils your stomach.
Home food represents the most rational way to save money. It’s tasty, fresh and nutritious. Purchase of products can be done for future use, buying them on wholesale bases and food markets. An alternative option serves a student dining room.
8. Get a Neighbor
Problems with housing arise for every second learner. When entering the university, all recruits want to grab a place in the student hostel, because the payment for it is an order of magnitude lower than on the rented apartments.
But, if it does not work, then there is only one way out: to rent a house. Not to rush and soberly assess the situation in the real estate market; do not rush to the initial offer of apartments.
You can carry out a search for your own home. You are lucky to find a flat or room at an affordable price and within walking distance.
You may live in the accommodation by the four of us – it’s not only more fun and safer but also decently retains a monthly budget.
Do not bring a pet until the end of the university. In your life, much can change after graduation; not all the owners of residence you rent agree to habitats with animals. After all, they incur additional expenses for spoiled furniture.
9. Technology at the Service of Humanity
Modern educational gadgets allow you to use all the resources of the Internet at full capacity. Before you buy the right book, you may search for it on the network; in extreme cases, visit the city library.
Do not hurry to copy documents. Simple photography or scanning of a paper will reduce material costs and preserve you from paperwork.
But give up paying television. Reading, training, walking, visiting exhibitions and other events, hiking, traveling with friends will leave more vivid memories of student life. Finally, an interesting series can be viewed on the Internet.
10. Do Not Make Impulse Purchases
It is a mistake that a new spinner, the last iPhone, steep headphones, jeans of fashion brand will assist you to gain credibility amid classmates and friends.
In this case, it is important to respect your mother; surely she said that the clothes are no matter. Prepare coffee at home.
It will be cheaper than a take-away drink or in a cafe; an ability to cook will also stead to keep money on trips to restaurants.
Learn to reserve electricity and water;n use them only when needed, and thus, your utility bills will become smaller.
11. Business Mobile Communication
Do not spoil yourself with expensive phones. This is not necessary, but just an expensive toy. Stop calling everyone; discard paid SMS messages and connect to a favorable tariff.
12. Find a Job
A lot of students start their careers during their learning. Sub-work is an effective way to replenish your budget, especially if you are an expert in any service.
Use the knowledge gained at full capacity, but always be cautious about the choice of temporary work. Your job is to earn, not lose.
Thus, every student can save money independently; do not despair and fold your hands in times of financial difficulty.
Finding a way out and acting is the guarantee that you will not remain a “poor” being, but become a successful and enterprising person in the future. Real financial independence is possible only with an ability to save, not waste.