Friday, 25 September 2009

Money Saving Tips for Students

With the growing expenditure in education, students can easily get caught in heavy loans and debt. Even while studying, part-time jobs, socializing and participating in extracurricular activities, you can still straighten your finances through some money saving tips.

Here are some tips on how you can save money even while studying.

Check out the scholarship grants. Even before you move into your dorm room, check out your eligibility for student scholarships and other grants. Make a list of your finances and expenditure which you are expected to do incur weekly or say month wise. Then plan a budget according to your expenses and stick to it.
Watch out for student discounts. Several establishments offer special discounts on students programs. Take full advantage of those discounts. Also, regularly utilize any particular establishment and you are bound to get bonus cards for being a loyal customer.
Don’t get into the trap of credit cards and debit cards. Make it a point to use cash for your purchases. As you have already set a weekly or monthly budget limit, chances are less for you to exceed your expenditure.
Involve yourself in different activities. Join clubs of interest. The basic idea is to keep yourself busy so that help you stay away from things that you are likely to spend money on when you get bored.

If you follow these simple tips on budget plans, you will be surprised at the amount of money that you will manage to save.


  1. This comment has been removed by the author.

  2. Thanks a lot for sharing useful tips about money saving to really help out with keeping the expenses down.