Jul 11, 2020 11:18 AM EDT
Tips For Students To Save Money
Saving money should be inculcated from a very young age. If you are a person who loves to spend more money than you have, then you have a real problem as you can get into a debt trap. However, you can spend money if you save, there are many ways a student can save money during his college days and a few tips are given below:
You can shop for things online because most of the products are available online and most of them are available at discounts, you should just know where to look. If you are not living on campus, you have the added advantage of cooking your own food and you can opt for grocery delivery New York to save money and time. Your groceries will be delivered to your doorstep and you need not stand in long queues. And since you are cooking at home, it is a good idea to pack your lunch and take it to college every day. This way you will save more money.
Avail student discounts:
Many students do not even know that they are eligible for student discounts. In fact, in New York student discounts are a well-kept secret and they are not advertised. But businesses like gyms, restaurants, stores etc., offer discounts to students, all it takes to get the discount is to ask. Ask the store or restaurant when you are paying the bill if you are eligible for discount and if they offer student discounts they will check your ID and promptly provide you with one. Nice savings indeed.
Utilize the college amenities and services:
Every college campus provides students with a lot of amenities and services but not all students utilize the same. If you utilize all the services that a campus provides you will be saving a lot of money. For example, instead of buying expensive books you can use the campus library and read the books and if possible borrow them home too. The college campus has other facilities like a sports center which you can use rather than opting for a costly gym membership. Walk to your campus and back, this is a great way to not just stay fit, it saves you a lot of money which you would have spent on gas if you were using a car instead.
Credit card rewards:
Make sure you pay your credit card bills on time every month and you will not be paying additional late fees. Credit cards provide rewards in the form of discounts, tickets, flight tickets etc. Make sure you utilize them or they may lapse if not used on time. People have traveled around the world with credit card flying miles that they have saved over the years, so make sure you know the deals that you are getting when you use your credit card.
The above tips are just some, which any student can put to use easily. Remember that every penny saved is a penny earned, so inculcate the saving habit; it will help you throughout your life.
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