Thursday, July 29, 2010

Saving During College

College Students are known to be bad savers. Some of them use credit cards, their parents' money, or loan money to buy unnecessary things. Other college students may think that they can’t save money, but good news, you can. The price to go to college goes up every year, and we have to start saving some money and not throw it all away. I started off by saving about 10% of my paycheck every month. I eventually moved to using coupons. I had some friends that thought I was crazy when I started using coupons to buy things. Coupons can help save you some money that can go somewhere else that is important. I also use store sales to my advantage whenever I go shopping. I try not to buy things that are regular price unless I really want or need it. College students are already struggling to keep money, so why should you make it harder on yourself?

Tips for Saving While in College

  • Try to buy used textbooks online or at your campus bookstore. Also, when it’s time to sell your textbooks, check and see what your campus bookstore is offering and then check online for a better deal.
  • Start looking at sales papers from Wal-Mart, Target, your local grocery stores, and some of your favorite clothing stores. Why should you pay regular price for something when you can get it cheaper? This also comes in handy around back to school time. Stores will have plenty off deals that can help you save on school supplies.
  • Start clipping coupons. There is nothing wrong with shopping with coupons in your hands. When people look at you funny, just know that they are spending more money than you are. You can find coupons for groceries online at places like,,, and many others. You can find coupons for clothing stores by simply searching “xyz coupon” into a search engine. Also subscribe to your favorite stores’ emails.
  • Start shopping at places like eBay, Craigslist, Hudson’s Dirt Cheap, yard sales, and thrift stores to find items that you need at cheaper prices. Sometimes when people are moving out, you can find some good items for FREE that they through out on the side of the road.
  • Start shopping early for things you know you will need. It may seem a little silly, but if you find something that is really cheap, you should go on and get it. Why? Because it may not be there the next time at that good price. I started shopping for my apartment for the next year while I was still in my dorm that fall semester.
Don’t be embarrassed about being “frugal.” After those friends saw how much I was saving, they wanted in on it too. You can always use that extra money you saved to go on road trips, to parties, to restaurants, and sporting events. Saving now can also help you when you graduate from college and get a job. Since the economy is not at its best right now, it’s never too early to start saving because you never know what the future may hold. I hope these tips have helped you find ways to save more money while in college.

No comments:

Post a Comment