How to Save Money While Going to College Full Time

Before becoming Full Time College Student, You Should Seriously Think About How to Save Money, Money management and personal finances. Prior to college you do not really have any real world experience with loans and interest rates. When entering school it is important to keep track of your money and your loans so that you can minimize the monthly payment you will face after graduation. Because college costs can add up quickly, budgeting and saving are skills that need to be cultivated in order to have a stress free college life.

Whether you live on campus in a dorm or in off-campus housing, it is important to keep track of your funds and plan for the long term. When choosing a meal plan or housing options it is important to remember that if you are using loaned funds for these purposes it is best to focus on saving money since the rent checks and dining plan options you spend money on will still be owed once you are out of school.

Once you have finally registered for classes and moved into your new abode, you must now order textbooks, purchase notebooks, and create a schedule. When furnishing your apartment, make sure that you utilize things that you own at home. There is no need to buy brand new bed sheets and pillows if you are trying to save money. Used books are also another great option that can help you save hundreds of dollar per semester. On average a student can expect to pay at least $200 per semester on textbooks.

Online book shopping is a great way to purchase textbooks but it is important to work with a reputed source that will not lose your order in the mail. Used bookstores can be found on almost every college campus and if not, it is possible to find used books at a local convenience or stationery store. Similar to textbooks, most groceries and school materials are always more expensive when being sold directly on the campus. If you have to buy notebooks try a wholesale location that offers one dollar products.

Saving Money as Full Time College Students

This is possible but it takes diligence and self-control. By preparing early on, it will be possible to avoid common mistakes that thousands of students make every year. Remember to steer away from credit cards, especially those available on the side of the street that takes two minutes to sign up for and come with a free sandwich. Private loans should also be avoided due to their high interest rates. Instead of this option try and organize a payment plan or figure out if you can receive more federal loans with a different cosigner.

The Best Ways to Save Money

Include acting and being responsible. Do not take your refund check for granted, you will have to pay it back one day! By focusing on school and controlling your spending early on, you will be rewarded with financial stability and less daily stress.

Sierra Martinez is a Marine Corps wife, mother of one and a writer. She graduated from the University of South Carolina with a Bachelors in Journalism and Mass Communications and a focus in Public Relations.