How To: Save money while in college
Wendy Boswell over at LifeHacker (a favorite site here at HackCollege) mentioned a site with awesome tips for saving money while attending college. Every college student knows that money can be tight, especially after you subtract that money for those “beverages” you consume (you know exactly what I’m talking about). So before you go out and spend your hard-earned dough, glance over these tips – they could save you a bundle.
Here are a few points:
- If you have to have a credit card, make sure you get one with the lowest interest rate possible; no annual fees and with only enough of a credit limit to get you by in an emergency. Don’t carry it with you, but instead keep it in a safe place known only to you.
- Don’t drink. But if you must…Be cheap
- Buy the cheap stuff. Pabst Blue Ribbon and Old English 40 oz. bottles come to mind ;)
- Buy in bulk. A cheap 5th of Vodka might cost about the same as a drink or two at a bar.
- Drink where the specials are. Some college bars and dance clubs have pitcher specials, 1 dollar drink specials, no cover charge, or other specials for people going out early or going out on slower nights.
- Pre-game if you do drink heavily.
- Don’t bring much money with you to limit how much you drink and spend.
- Hit other people’s parties.
- If you can’t borrow, buy used college textbooks. On sites like Amazon.com used hardcover books are often cheapest. Soft cover are more valued for convenience, so if you’re willing to haul a couple extra ounces, then hardcover is the cost-saving choice. ISBN.nu allows you to easily compare book prices from major online book stores. The campus bookstore will sell a supply of used books, but they are limited; so check the online sources as well.
- Trying to eat on 12 cents? Two words: Ramen Noodles.
For these money-saving tips as well as over 100 more check out Scholarships Around The U.S.
How do you save money while in college? Let us know in the comments!