When you’re in college, you have to live on a pretty tight budget. You don’t have the freedom to buy a brand new car or spend tonnes of money on rent to afford a swanky apartment. It can be a challenge to go a week without going broke, even when all you’re eating are basic meals three times a day, and don’t have the time to go out with friends to expensive bars and clubs.
If you’ve ever wondered why you can’t save up, even when you’re living as frugally as possible, worry no more. I’ve got some ideas for you that might solve your problems.
While it may seem impossible to save up a lot of money without a full-time job, it’s not as difficult as most of us seem to think. A few changes in habits here, some adjustments there, and before you know it, you’ll be able to afford to live more comfortably.
Always Check for Student Discounts
You can save money on transport by using student discounts whenever and wherever possible. Companies, local and all over the globe, offer massive discounts to students to make it easier for people like you to afford things.
Airline tickets, cafes, bookstores and more – these are all things you can avail of these discounts on. When you’re a student, you don’t have to pay full price on a lot of things. Before you buy anything, look around the website or ask the vendor to see what discounts are available for you.
Make Your Own Coffee
I get that coffee is a necessity when you have to be ready for your 8 AM class, but buying ready-made coffee from stores every day costs a lot of money you can easily save up on if you shift to home-made coffee.
Buy your own ground beans and brew your own coffee every day. Just keep a to-go coffee mug at hand so that you can carry it to class. It’s more eco-friendly as it creates less waste, and it can help you spend less every day.
Stop Eating Fast Food
If your dorm lets you pay for meal plans, invest in one so that you don’t have to go out to eat every day of the week. Fast food, no matter how cheap, costs more money than eating home-made food or meal plans.
However, if meal plans are not available or affordable for you, consider making your own meals from scratch to reduce the cost of food as much as possible.
Don’t Spend on a Gym Membership
It’s always good to stay fit, but it isn’t wise to drop cash on paying for expensive gym memberships when you’re in college.
Go out on a walk or a jog, get a bike and ride around for half an hour every day, or use the community pool to cram in a few good hours of swimming time in every week. If there’s a fitness center on your campus that you can use for free, take advantage of that.
Even when you’re in college, you might face unforeseen medical emergencies, and even if you don’t, it never hurts to have a significant amount of savings to fall back on once you’ve graduated. You never know what the future holds for you, and it never hurts to be prepared to face the toughest of obstacles.