EFFECTIVE WAYS TO MONEY SAVING AS A STUDENT
One of the primary problems every student encounters is having insufficient money that results in a typical scenario of begging money from their beloved parents.
If you find yourself in the same situation then you should read this post and try all the effective ways on how to save money as a student.
This can be applied to primary, high school and especially for the college students.
EFFECTIVE WAYS ON HOW TO MONEY SAVING AS A STUDENT
1. Bring Your Own Food
If you have the time to cook or your parents then why not just bring your own food rather than buying at school canteen which is more expensive.
I observed that foods from canteens are a bit expensive compared to other stores especially in grade school or high school whereas some school prohibits their students from going out.
2. Water Instead of Soft-drinks and Juice Drinks
If you’re a juice drink or soft-drink lover then try to discipline yourself and buy drinking water instead. Aside from water is cheaper it is also healthier compared to soft-drinks and juice drinks.
3. Cut Out Vices
One way to effectively save money as a student is to cut out vices. If you like going to malls or pubs during weekends better cut it out and save your money.
There are a lot now of vices every student are into like online games wherein some are even paid for subscriptions just to upgrade and play their favorite games.
4. Don’t Be Impulsive
One situation that best demonstrates being impulsive is when purchasing or buying things that you don’t really need.
Focus on the things that matter most, just visit the malls or shopping center when you really need to purchase an item.
5. Buy Second-Hand Books
This one is familiar to everyone. In the millennial age, everything is almost so buying second-hand books is now way easier.
There are now available sites where you can check to find the books you needed like eBay, Craigslist and even social media especially in Instagram.
6. Buy in Bulk
For most of the college students who are living in a flat or apartment, it will save you money if you purchase in bulk. For example, buy toiletry in large volume like the toilet papers it will save you money if you buy in a dozen or two than per roll.
You can also apply it when buying school supplies.
7. Don’t Get A Pet
If you’re in college it is a wise decision to not get a pet until after college. Having a pet is a stress reliever but think of the expenses associated with it like the foods, grooming and sometimes medical expenses when they’re sick.
Having a pet is like having your own baby wherein you need to provide their needs.
8. Live Below Your Means
One of the golden rules to save money is living below your means meaning don’t force yourself to buy something you can’t afford.
This is highly observed in college or universities where some want to have the latest version of gadgets like laptops and cellphones which is not necessary to upgrade every now and then if yours are still working well and doing its job.
9. Create New Side hustle
In this internet world it’s impossible you do not make some money by doing something. The fact is you just need to start. First, you start your Side hustle than you enjoy your side hustle.
Today you start your side hustle from your home, mobile, and laptop. And make six-figure amount every month.
To know about what is side hustle and how to make money with side hustle Click Here.
10. Using Other Money Making Method
You can also use other money making Methods like Drop shipping, Affiliate Marketing, Website, Advertisement, Stocks, Youtube, Instagram, Facebook and like this many other Methods.
I hope you find yourself in the same situation but now after reading this post and try all the effective ways on how to save money as a student. After trying all these methods you did not suffer from the lack of money as a student.
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