22 Ways to Save Money in College
By Alison at University Language
Updated on Friday, August 28, 2015
Save money in college with these 22 fast and easy cash-saving tips. After all, college money management doesn’t have to be a drag! These simple suggestions will help you save money and still have fun.
1. Buy Second-Hand
You never know what original piece you may find at second-hand stores. Plus, you can refer to your Salvation Army finds as “vintage,” making them that much cooler.
2. Organize a Swap Party
Sick of your old clothes but trying to save money in college? Organize a clothing swap with friends where you bring old clothes you don’t want to swap for something that’s new-to-you.
3. Learn to Sew
Instead of ditching that cardigan because it’s missing two buttons, learn how to sew the buttons back on. It’s easy. I promise!
4. Take Care of Your Textbooks
If you keep them in good condition, you can resell your textbooks and get some of your money back. No doodling! And go easy with the highlighter.
5. Don’t Buy With Credit
Yes, credit cards serve a purpose, but only in an emergency. If you use plastic to pay for common items you’ll have an emergency with your finances. Remember, if you can’t pay for it in cash, you can’t pay for it.
6. Organize Potlucks
To both save money in college and eat well, organize weekly potlucks with friends. Everyone brings one homemade dish to share, and then you all swap leftovers so each person has one container of each dish to get them through the week!
7. Use Your Meal Plan
If you’re already paying for a college food plan – use it! You’ll save money by not spending your cash on food elsewhere.
8. Buy Meals Off-Peak
Know a restaurant or grocer that sells sandwiches and salads at a discount after 6? Be their best customer.
9. Drink Coffee at Home
If you’re trying to save money in college, it might be time to rethink that extra-large triple-shot mocha you buy every morning.
10. In Emergencies, Eat Oatmeal
It’s more filling than ramen noodles, and just as cheap and quick to make. (Plus it’s better for you.)
11. Recycle Your Cans
Yes, it’s good for the Earth, but recycling can also be good for the wallet. Return your bottles and take advantage of the extra change!
12. Ditch the Magazine Subscriptions
Another earth-friendly tip that will help save money in college: Don’t bother paying for magazine subscriptions – it’s all online anyway.
13. Avoid Brand Names
Save money in college by avoiding expensive brand-names and buying generic brands when purchasing items like food, soap and detergent for when you do your laundry.
14. Buy in Bulk
Buying items like toilet paper and canned goods in bulk from discount stores can save you money in college over the long run.
15. Find a No-Fee Bank Account
Hunt down the bank with the best student banking offers. Many offer special student checking accounts without any monthly fee.
16. Find Cheap Ways to Call Home
Find inexpensive ways to call home, like calling cards or free online video services like Skype to save money on phone calls in college.
17. Get a Roommate
If you live in off-campus student housing, save money in college by living with roommates to help split costs of rent and electricity.
18. Save Your Change
Keep all of your loose change in a jar. You’ll be surprised to find how fast it adds up!
19. Walk Everywhere
If it’s possible, don’t pay for public transportation. Walk or bike instead. It’s a good way to save money in college and to stay fit!
20. Cut Back on Bad Habits
Drinking and smoking are bad for you – and they’re also bad for your bank account. Cut back or quit!
21. Get a Job
Find student work in college to bring in some extra cash to offset expenses.
22. Find Free Stuff
Find free events like concerts and exhibits that you enjoy. You can save money in college and still have a blast!
Follow these 22 tips and rein in your spending. With a little practice you can save money in college!