Wallet feeling a little light recently? Here are a few tips to help you save money during the college years.
1. Dont't buy textbooks in the bookstore.
We are all guilty of this out of routine, laziness, and convenience. Although publishers are pushing their authors to come out with newer editions far more often then they used to (to make more money), look for used books. Use websites, eBay, and the like. But also try to find out which of your friends may be taking the class before you. Come up with a deal so that you can buy if from them for cheaper than you would in store and for more than they would get for selling it back. Eliminate the middle man!
2. Stop buying lunch everyday.
You will be surprised just how much money you can save by not grabbing a burger, wrap, or chicken sandwich on your lunch break. Make a sandwich to take to school or wait 'til you get back home to eat. The average college student spends about $7 per lunch ($35 per week, and about $535 per semester).
3. Get a bike, walk, or use the bus systems.
Although not practical for everyone, most schools do offer free transportation to campus. If you are disciplined to get to the bus stops in time for classes, use this! It eliminates looking for a parking spot. It also saves you money by not having to fill up the gas tank as often, and it keeps those parking tickets to a minimum.
4. Scholarships, Grants, Loans, oh my!
Look out for financial aid. Some of which you have to pay back after you graduate (or drop out), but there is always free money floating around. Thousands of companies, organizations, governments, church groups, etc. give out scholarships. Many people never think they will get one, so they just don't fill out the application. However, you would be surprised just how many scholarships go unawarded simply because no one filled out the application. These take minutes to fill out and can reward you greatly!
5. GET A JOB!
I always hear the excuse that school takes up too much of a student's life that he or she cannot get a job. I will put my school/work schedule up against 99.9% of college students nationwide, and will prove to them that you have more time than you think. Jobs not only give you a little extra spending money, but they teach you the discipline of time management and show future employers that you were well-rounded enough to handle the extra commitments during school. The service industry (although not very pleasant at times), is a great way for students to make a lot of money in a limited amount of time. Not ready for a full-fledged job, check out student jobs on campus and internships. Something will work for you.
Let us know what you think about the list or add suggestions of your own in the Comments below.