The pressure of always wearing the trendiest clothes, owning the newest cell phone and having an active social life can leave a deep hole in any college student's wallet. However, there are ways to avoid throwing money away every week.
Don’t spend $200 on jeans. Most cities have stores like T.J. Maxx and Marshalls that sell designer clothes for less. So many students put themselves in debt only to say they are wearing True Religion jeans but you can get more for your money while looking just as good, if not better!
Don’t buy electronics as soon as they are released. Although you may be dying to have the latest smartphone, waiting a few months will guarantee you a lower price. Also, there are cheaper smartphones that work just as well as an iPhone; check with your wireless provider to see if you’re eligible for a free or discounted upgrade as well.
Don’t make a habit out of eating at restaurants all of the time. Bills from Olive Garden and Red Lobster can add up quickly so many students become best friends with fast food dollar menus or decide to only dine out at nicer places on special occasions like birthdays. If you have a meal plan, figure out what dining halls serve the best food and if your dorm has a kitchen, it can be cheaper (and healthier!) to make your own meals. It can be fun cooking with friends and trying each other's recipes, too!
College tuition and fees are enough to put a student in debt. By cutting down on expenses for your social life, you'll still have a great college experience but without a great deal of financial stress.
Jessica Seals is currently a senior at the University of Memphis majoring in political science and minoring in English. At the University of Memphis, she is the secretary of the Pre-Law Society, the philanthropy chair of the Phi Kappa Phi Student Council and a member of Professional Assertive United Sisters of Excellence (PAUSE), Golden Key Honor Society, Alpha Lambda Delta Honor Society, Sigma Alpha Lambda Honor Society, and Black Scholars Unlimited. She also volunteers to tutor her fellow classmates and hopes to attend law school in the near future.
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