Five Ways to Save Money in College

The “broke college student” is not a new phenomena. Considering how the little bit of money that we seem to be able to obtain often goes towards books or materials for our classes, it would be nice if it could stretch a little bit further.

 

1. For the not-so foodie: Get OFF the dining plan!

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College dining plans are often much more expensive than the actual amount of food that you end up eating. Instead of paying for food that you aren’t going to end up eating, put aside the money that you would have spent on the dining plan. Create a budget that allows you a certain amount of money for groceries and the occasional meal out, and then save the rest.

 

2. For the coffee addict: invest in a French press.

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The price of the latte can really add up over time and instead of buying one every morning, get yourself some coffee-making “equipment” and save the money that you would have spent on your daily coffee. 

 

3. For the shopper: use that student discount!

Image Courtesy of Study Breaks Magazine

Many stores offer students discounts while shopping if they show a student ID. In addition to that, there are apps, such as Unidays, that inform you of deals that apply to college students after you make a free account. 

 

4. For the event-goer: attend FREE college events! 

 

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Many colleges have free or pay-what-you-wish events through their performing arts programs, art galleries and music programs. Obviously this is much cheaper than going to the downtown theater and sometimes even the movies. Just keep your eyes peeled for free events! 

 

5. For the artist: start some freelance work.

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Whether the piano, paintbrush or pen is your tool, use it! Doing freelance work gives you the opportunity to make money while practicing your craft. If you charge less, you can help out other struggling college students by providing them with a more affordable option.

 

Find something that you are willing to give up, something you're good at or something you can compromise on, and use that to save and make you money. There might be more to it than you think!