A lot of people say college time is one of the best phases of life. However, this period is not always a sea of roses. After all, there are bills to pay, tuition and various day-to-day expenses can hinder the university experience.
Many students are looking for ways to save money in college so that they do not exceed the limits of the month, do not end up falling into debt, and still save a little when graduation ends.
With that in mind, we have listed 7 tips that will help you reduce your spending without compromising your routine and quality of life, ensuring a quiet mind and away from financial woes.
Make financial planning
The first step for anyone who wants to save on college is to have control over expenses. This can be done through good planning, which identifies the incoming values (earnings) of the month and the expenses – if they are fixed, such as rent and tuition, or variables, such as food.
Remember to list all your expenses, even if they are very small. Even the coffee in the canteen should be on the list!
Use technology to your advantage
One way to facilitate financial planning is to use cost control technologies, which include both conventional spreadsheets, such as Excel, and mobile finance applications.
The second option tends to be more flexible and practical because there are apps that organize and sort your spending according to the records you make with each purchase.
Rethink Your Food
Many students end up spending a lot on food outside the home, especially at college snack bars and restaurants. However, food purchased at the supermarket and prepared at home is much cheaper as well as healthy.
Reuse teaching material
The expensive books and the countless xerox that are needed to accompany classes are often the nightmare of many students. But there are some ways to save money with this material.
You can, for example, check the list of subject readings and go straight to the library to check which books are available. So you do not spend on copies and new materials.
Optimize your transportation
Another unavoidable expense is moving to university, especially for those who live far away from campus. To save money, using public transport is an excellent option.
Look for grants and funding
Some students are faced with a dilemma when they realize that, in fact, the money is not enough to afford college expenses.
This way, the financing can be the exit so that the student can reduce the monthly payment and pay the university with a longer term, even in the period after the training.
Another way to save on tuition is the scholarship program that offers discounts in various percentages, some of which reach 100% of the monthly fee.
But it is important to remember that to be part of these programs, the student must maintain satisfactory income and high marks during the course.
In addition to saving on college, it is often also necessary to increase income. One of the most practical and useful ways to do this is to undertake internships at large companies or to receive research grants for participating in a scientific initiation that pay little upkeep salary