Becoming a student is a very responsible step in the life of each young person. One has to study, preferably to work, to spend enough time with the family and friends, and, of course, manage the finances smart. The following article will help you with the latter; it will namely give you the money saving tips.
Make a Budget
After a couple of months spent in the university, you must be aware of how much of your money is spent on your room, food, drug store, and clothes. When you have an idea of the approximate numbers, it will be easy for you to create a basic budget. You have no idea how helpful it is to control your expenses and desires along with that. If for example, you got an idea of buying the third pair of shoes during the same month, you will quickly change your mind looking at the budget where it is visible that you already exceeded the limit for clothes. If this month you spent for entertainment almost nothing because you had to get ready for the exams, you can afford twice as much the next month. Is it not comfortable?
Be Careful with Credit Cards
This is going to be the first time you are to receive your credit card that will not be owned by anyone but you. However, you need to be extremely careful using it. To begin with, do not take credits. As a minimum, do not take the big ones because the bigger credit you take, the harder it will be for you to return it. Second, if you choose to pay with the credit card, check how much money you spend each day to be aware of how much is left by the end of the month
Look for Student Discounts
You have no idea how many discounts are offered to the students in all kinds of services: shops, museums, cafes and restaurants, transport, etc. Paying the reduced prices while you are a student and have such opportunity is a chance you do not want to miss. However, some of these services do not make the information public that is why you always have to ask the staff. Keep your college ID with you everywhere – you might visit some pretty expensive museum and pay only a half of the price just thanks to it.
Participate in the Free Stuff
Only imagine how many fun activities are free! Do not forget to look at the flyers you get – they might offer you a free entrance somewhere, whether it is club, museum, or even just an activity in the university: who cares when it is free and fun. Have a look at the college website: there might be organized some free events, which you cannot miss by any chance! Keep in mind that free activities distract you from studying (in a good way) and do not break your bank account: win-win!
Get a Job
No matter how it sounds, have in mind, the best way to save money is to get more of them. Yes, you are supposed to study in the university; however, there is no better way of improving the time management skills than to have a huge distraction from studying namely working. You are very welcome to find a part-time job: it will both not influence your classes much and add quite a lot of money to your budget. It might be pretty hard to combine both studying and working, however, when you finish the university, you will have much more than just a degree – you will have a work experience.