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How to Save Your Money in College

The opportunities to save time and money can be found even in such an expensive field like education. Here are some ways how you can save money being in college.

Intensify Your Scholarship Search

The first way of saving money in college is getting a scholarship. Despite the common belief, not all scholarships aren’t based on academic achievement and they aren’t easy for beginners. The types of available scholarships are endless. You can receive a scholarship based on your family’s legacy, on your gender, on your primary or other factors. Besides, even if you have a high GPA (Grade Point Average), don’t assume that you don’t need to look for a scholarship. If you want to get enough money to cover all your expenses, you’ll need to make efforts on your part.

How About E-books?

Textbook prices are rising, but unfortunately, when you return these books at the end of the semester, you’ll only get a small fraction of the price you paid for them. The best way to save money is to have e-books as they are convenient. Think about renting books from your bookstore on campus or buy from cheaper sources like Amazon, Chegg or CampusBooks. Also, consider buying digital versions that you can download and which are much cheaper and also environmentally friendly.

Reduce Your Daily Expenses

The cost of cable television is one of the expenses you can do without. These are the best years of your life and you should not spend them in your room watching TV. Go out and explore your campus. If you feel that you need to see some shows, you can view Netflix and other services on demand. At the very least, consider going to a friend’s house to watch TV.

If you like a latte or other kinds of coffee and you buy them daily, it would be nice to learn how to make these tastes at home. Besides, buying food at grocery stores is a waste of money. We’re not talking about cooking culinary delights, we mean cooking simple dishes like sandwiches, pasta, etc. It doesn’t require a chef.

Use Your Credit Card Wisely

Banks tend to hand out as many credit cards as possible and they don’t mind if you can’t pay back the rest of the balance at the end of the month. It keeps you in debt longer and allows them to charge you interest. If you are late, you may be charged up to $30 and your interest rate of 7% may increase to 24%. So, let’s say that a college student saving money has a balance of $1,500 and he pays $42 per month for it. It’ll take him 10 years to pay back the loan and he’ll pay about $3,000. So, try to pay your card every month and make payments in advance so that you are never too late.

Order Your College Paper Only on Trustworthy Services

It’s common knowledge that a lot of students look for help with their essay writing. If you google “Who can write my college paper for me?”, you’ll find a million links to various writing services, but not each of them can be entrusted with such a responsible issue as writing your paper. Before ordering your essay or any other paper, find and look through customers’ feedback about the service and ask support service more details. A lot of writing services have some discounts for the first order, the system of accumulative discounts, etc. A good example of writing service is writepaperfor.me, so when there will be a link to it after your query “write an essay for me”, follow the link without any hesitation.

So, in addition to these lifestyle changes, you could try some traditional savings methods, like taking a money challenge, using a savings app like digit.co, or just good old fashioned stashing your change in a change jar.

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