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New Year, New Start to Saving

December 21, 2007

by Paulina Mis

Wind, rain or shine, college tuition bills always safely make it to your mailbox, or the inbox.  Even if you’re struggling financially, there’s no need to give up. Whether you’re having trouble keeping your spending in check or are hindered by college bills, things can be better. The new year is coming up, and you deserve a new chance, a minty fresh start. Students looking for a way to save should follow this advice to get things right in '08.

1. Look for scholarships. Applying for scholarships is a great way to save for college. It doesn’t cost to apply—don’t listen to anyone who suggests you should pay—and the rewards tend to be large. Try conducting a free scholarship search to find scholarships and grants you may be eligible to receive.

2. Avoid magazines and websites with appealing products. Oftentimes students will be unaware they’re in need of something until they see it in a magazine. If it’s out of sight, it’s out of mind. Marketers have a way of making whatever it is that catches your eye look more amazing and necessary than it really is. The best way to avoid their evil traps is to stay out of their way.

3. Skip the details at restaurants. I can’t tell you to skip the restaurant thing. Going out for dinner is just part of the student culture, and if you can’t eliminate it, be smart about it. If you skip the appetizers, lose the dessert and trade in water for a soft drink, you can cut your bill in half.  Those that go out to eat for the company more than the food can also go straight for the appetizer and stop there. They tend to be oversized anyway.

4. Watch your phone plans. For some reason, students always seem shocked when an insane phone bill comes in the mail. If you know you’re a chatterbox, you should plan accordingly. Get the same plan as the people you chat with most, start a family plan and watch the texting.


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