Smart Ways to Spend, Save, and Make Money While in College

Spend money … Make money … Save money

Tom, Melissa, and Sabina wrote a book that includes amazing tips for individuals who are preparing for college or who are already there. Here are three tips that might help you learn how to #Adult a little more 🙂

Spend Money

You always want to make sure you are prepared. It’s a smart decision to spend money wisely and figure out what you need when going to college. If you are looking for ways to add money to your budget, then you might want to take a look at swag bucks. I’d always suggest reading reviews first, though. Some off-campus college accommodations might require students to pay the bills. There are a lot of bills that might need to be paid when living on your own for college, students will need to budget for this. Some accommodation might even require students to get electricity plans themselves, this can be difficult, especially if they have no existing credit. However, these students could always look to get some Prepaid electricity plans. This could help them to get electricity without needing to have credit checks done. If your accommodation does require these things, be sure to find the best deals to ensure you save as much money as possible.

Some fun items that can be very important include:

  • An umbrella – Nothing ruins a day like getting caught in the rain…
  • A professional outfit (or two) for professional meetings and interviews
  • Comfortable shoes! Blisters are not a fun thing to have

Being prepared is always better than not. Ask anyone who is trying to #Adult already!

Make Money

Making money can be either easy or difficult. It all depends on you. It could be that you want to be brave and look to invest in stocks, after consulting the research provided by Stocktrades.

Some fun / smart ways to make money could be:

Finding an on-campus job – It’s usually the way to go because you can usually do your homework when you are not busy (and get paid for it!) Some examples of jobs to look into:

  • Resident Advisor or Community Assistant
  • Mail Clerk
  • Dining Services
  • Library Assistant
  • Assistant to any college office
  • Women’s Center
  • Desk Assistant
  • Tour Guide

For example, I was a Community Assistant (CA, other people may know it as an RA) when I was in college. With this job, I was able to dedicate my duty nights to homework parties with my residents. Not only was I able to get paid while I did homework, but I encouraged my residents to join me in doing their homework as well! It was great.

Save Money

Saving money can be tricky. I wish I had saved more when I was in college. Instead, I ended up spending it on sushi, or going to the mall with friends and getting yet another item I did not need at the time. There wasn’t as many money-making opportunities when I was at college. You can make money as a search engine evaluator nowadays, which sounds like a no-brainer for any college students to try.

Some ideas that could help you save money might be:

Set goals when trying to save:

Every time you finish an exam or final, then go out and splurge a little on that particular item you have your eye on. Until then, focus on studying instead of spending!

Make a rule.

“I can only go buy fun stuff, and limit myself to what I buy, when I receive an A on the exam. If anything under an A, I can not treat myself”

When you don’t get that A, it’s okay! Save your cash and go for the item after the next exam.

Thinking about finances is a great way to flex your self-discipline and responsibility muscles. You’ll become a better leader and adult!

Until next time, have a great day!

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