The Simplest Steps To Surviving On A Student Budget

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Everyone knows college is expensive! These days, the average college graduate, leaving the school, has a debt of over $28,000. A student is supposed to manage tuition, extra fees, textbooks, parking and all the other college stuff and still save some for living expenses. Often, students tend to use their student loan to fund their basic expenses while in college. But they forget that these expenses add up to their debt which they have to repay someday. The article covers the simplest steps to surviving on a student budget. Before taking up a student loan, one should know the different types of Student Loans first.

The Simplest Steps To Surviving On A Student Budget

The Simplest Steps To Surviving On A Student Budget

Find the right location

Haven’t decided which school to go to, yet? Well, then here’s an advice- Don’t just look for a school’s tuition and fees alone. Add up the cost of living in the town where your college is located. Cities like New York City will obviously shoot your living expenses through the roof, so select a university or college in some cheaper area. And if you look closely, some of the best colleges happen to be in areas with lowest living cost.

Looking around for a room

Different colleges have different rules related to living accommodations. While many require you to live on the campus during freshmen and sophomore, some aren’t bothered where you live. If living off campus is your idea, it is a cheaper option but you gotta look around for the ideal living space.

Sharing a small apartment with a roommate is an old college tradition. It not only saves a huge amount of money but also opens up new social circles and relations. Btw do you know How To Throw A Kickass Party On A Budget?

Be careful to get the right meal plan

Surviving on a College budget

A number of colleges these days are offering different meal plans at different price points. In case you’re on campus for long days, look for the right meal plan that fits your budget. But remember these meal plans and their costs vary from college to college.

A wise thing to do is not to buy a large meal plan that you are not going to actually use. Try to consume the cafeteria meals you’ve bought or else it’s a waste of money.

Making your own meals

It’s not that hard to cook some small meals for yourself when in your room. Obviously, you don’t need to make special delicacies nor you need to live on those toxic Ramen noodles to save money.

Simple breakfast of two hard boiled eggs, a toast and a glass of juice is enough to get you going for those morning lectures. Or keep some cans or frozen veggies in your freezer and then pop them in the micro for a fast meal. Look for basic preserved ingredients as they are cheap than the fresh ones.

Buying books and other supplies

college library

A laptop or a desktop is a must to do your class assignments. But you need to understand that buying a new one is not that important. Look for a second-hand laptop or desktop for $500 or less and take care of it to last your whole college career.

When it comes to books, get used ones as often as possible. Or you can also look for e-books online or book rentals. But the most obvious advice of them all would be to get a library card made.

Using your Student ID for student discounts

Your student ID will be the key to get a discount and save money. A number of retailers and local businesses in your college town offer decent discounts to students with an ID. Your student ID can be used to save money at clothing stores, restaurants, at movies, and several other places. Make a list of all local stores and restaurants that offer discounts.

It’s one of the many benefits that you can use after paying thousands in your college fees. Having a cash rewards credit card is also beneficial. Check out the Chase Freedom Unlimited Reviews  to know more.

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