Many college students are just hanging on financially, with the high cost of tuition, books, housing, and dwindling funds available from scholarships, grants and loans. But don’t despair – here are ten ways that college students can save money (and even have some fun doing it). More Money Saving Tips
- Don’t waste money on bank fees. Find a bank or credit union that offers free checking to college students. Be sure your account includes free online banking and debit card transactions. Free checks are nice too, but in today’s electronic age most people don’t write many checks.
- If you opt for a credit card, get one with no annual fees and the lowest interest rate you can find. Stick to your card limit, pay your credit card bills on time so there are no late charges, and pay more than the minimum so you can minimize interest charges.
- Reduce food and beverage expenses. Eat in or grab fast food instead of eating out, and when you do eat out order the less expensive items or split something with a friend. Drink good ol’ American beer rather than expensive foreign brews, or gather with your friends for a party with a six-pack at home rather than expensive beer, wine, and set-ups in a restaurant or bar.
- Buy used textbooks if you can. There are several online textbook comparison sites where you can shop for the best prices. And when you are done with the book, if you don’t need it in your permanent library, sell your used textbooks online.
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