Saving up money as a student can be challenging, especially when you have so many monthly expenses.
You need to pay for the textbooks, tuition fee, rent, food, and also have some money for other activities as well, such as going to a concert or cinema.
At the same time, students are traveling freely and they want to discover the world and other cultures or tastes.
Not having some money in your account can come with a huge amount of stress for students and this can seriously affect their focus and productivity.
But there are some ways you can save money as a college student and have enough to cover your monthly expenses.
If you’re curious how you can do this, read below.
Use Your Student ID
One of the greatest advantages of being a student is that you get a student ID.
Besides helping you identify yourself in classes or exams, this student ID also comes with lots of promo codes and discounts.
There are many locations where you can use your student ID to get a discount, such as bars, restaurants, libraries, and various other institutions.
At the same time, you surely have discounts or free entries at galleries, museums, or exhibitions, so you can enlarge your cultural view on a budget.
What’s more, your student ID grants you discounts for technology products, such as Microsoft, Apple, and many more.
So, if you need a laptop, a new pair of headphones, a software product, or just a discount for your lunch today, use your student ID.
It will help you save some money.
Second-Hand is Better than New
Having brand new things might be the desire of many students.
Yet, if they are new, they come with nothing added.
For example, you can buy second-hand textbooks you need in your classes or for your exams.
The information in the book is the same, even though it does not look brand new.
The same goes for clothes.
There are many second-hand stores where you can find clothes and shoes at affordable prices and in very good condition.
You might indeed need to search for them more, but this trick will help you save a good amount of money.
Many universities have built an online platform where students can sell/buy or exchange things they no longer need.
Make sure you check this platform weekly as you will surely find some incredible deals.
Repair and Reuse
We live in a society that is focused on fast fashion and on having the latest brand-new things that were launched.
But you do not need these things to be happy.
You now want to save some money; maybe for your next trip or to buy something you long yearn for.
And to save money for this, you could change your life philosophy.
Because buying new things is so easy and facile nowadays, replacing broken things with new ones is accessible.
But it is also expensive, so aim to repair and reuse the things you no longer need.
If something has broken, try to first repair it.
You will be amazed by how little money you need to pay for reparations compared with replacement.
Apply to Scholarships and Bursaries
Another smart way to save money as a college student is to look for ways to earn some money.
Applying to bursaries and scholarships is a nice and easy way to do this, especially because you get money to study, so you do not have to work.
It is entirely up to you what you do with that money, but they can help you cover some monthly expenses.
And if you manage them wisely, you can put a part of them in your savings account.
Applying to scholarships involves paperwork and many students look to hire a professional writer.
You need to submit, besides your documents, an essay or assignment on a given topic.
To get your lab report writing help, search for a writing company that offers student help on a different range of papers.
They can check your essay for grammar and spelling mistakes, but also help you craft a compelling and powerful paper.
Sell the Textbooks You no Longer Need
During your student years, you will surely need a lot of textbooks for different subjects.
Buying these from older students is one of the smart ways to save some money.
But this cycle could go further and you could become that older student who sells their textbooks to younger ones.
Even though you might sell your books cheaper than you bought them, you at least get some money back.
And you can use that money to buy other textbooks or add them to your piggy bank.
Conclusion
Saving money as a student can be challenging, especially because you have so many monthly expenses to cover.
However, this is not impossible if you put into practice these smart ways to do this.
Do not forget to use your student ID whenever you can, repair the things that have broken, and buy second-hand.
Sell the textbooks you no longer use and apply to bursaries and scholarships.
Even though you may feel you do not save enough money, little by little it will add up.
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