Essay on How to Save Money in College

A main concern of college life is getting, saving and spending money. These three factors run constantly in the minds of college students, especially when they lice away from their parents. Even though they send you some monthly or weekly money for your expenses, it is surely hard to meet all your expenses in that particular amount. One may call it unnecessary but for students it is necessary. So, if you are thinking how you can save some money so that you can tackle your expenses, then here are some ways you can spend your money wisely and save more.

Eating habits

Food and drinks always take up a lot of our budget. So this is one thing where you can actually cut down expense. What you can do is avoid going for regular dinners and lunches to expensive restaurants and pubs, instead eat at your rented homes or hostel. If you get lunch at your college then avail that. Fix one or two days in a month when you go out with friends to eat in restaurants. You can also learn to cook some basic meals if the place you live allow you to cook. In this way you can make your breakfast by yourself and avoid spending extra money in canteens or other places. This one way you can save a bit of money.

Phone Bills                                     

This is another factor that takes up a lot of your pocket-money. First and foremost avoid long duration phone calls with friends whom you meet daily in college. Whatever doubts you have regarding assignments or projects, clarify it when you meet them and not over long phone conversation. Choose a reasonable data plan for you as well so that you do not spend all your data in watching videos and downloading movies. Allocate a fixed amount for phone and data expenses and try stick to that amount every month. Another factor related to phone bills are that pay your bills on time so that you do not have to pay late fines.

Controlled shopping

While away from home you are a free person and you would want to always shop, shop garments, accessories, etc. Avoid this habit of yours if you want to save some money. Shop when necessary and not when you feel like to. This again will save a lot of your precious money.

Movie plans

Avoid making regular movie plans to theatres. Movie tickets costs a lot, and movie plans are not just movie plans. It always ends up becoming a plan where you watch movie, have popcorn, then go to a close-by restaurant for dinner and then come back home. And this surely means that you not just spend on movie tickets, but spend on a lot of other things. Now this doesn’t mean that you cannot go for movie watching at all. Select one best movie a month and make a plan for watching that. Avoid watching any movie that releases.

Part-time jobs

So if you do not want to compromise on food and movie then the only option for you is to find some good part-time job that will at least pay you for all these expenses of yours. There are many jobs available online and offline that pay reasonably. So start working and increase the amount of money you get every month and then spend the way you want to. The only concern in doing a part-time job is that you should have the time and energy to do the given work by your employer after attending lectures and doing your college assignments. If you can manage both your college work and a part-time job, then surely go for it. Most students can able to earn and save money by their writing skills too, for more details you can write papers for money with AdvancedWriters.

Avoid taking loans

While taking loans we do not realize that we also have to repay the money. And when we realize it we are already in a huge debt. It is not that in any money you would get more money, so when you have to repay the taken money; it is going to affect your monthly budget. So the best way to avoid paying debt is by not taking loans from anyone.