As a college student, it can sometimes feel like your pockets are riddled with holes. Most expenses are necessary but cutting the ones that aren’t isn’t as difficult as it may seem. Like most big projects, it's all about knowing how to use your resources to your advantage.
If you haven’t done so already, create a budget. Thankfully, you don’t have to do any of this manually – there are websites that do it for you. I use Mint.com, which is helpful because it links right to your checking account, sends weekly updates by email and, best of all, it’s FREE. There are options for adding budget and saving goals and the site breaks down your spending so you can see what’s going to entertainment, food, school and the like. Once you have your budget squared away, half the battle’s already won!
Despite your best efforts to prune expenses, perhaps you still feel like your university always has its hands in your pockets. The price of textbooks can be a shock once you get your syllabi and if your professors direct you to the university bookstore, you’ll almost certainly be spending more money than you need to. Amazon Student is always a useful option for textbooks and free shipping but there are also some great sites where you can get books used: I use BetterWorldBooks.com and HalfPriceBooks.com a lot. Think about renting books as well, perhaps for the core classes you would never use again. Half.com is a good resource because it links up to your university – sometimes even right down to your class – to help you find what you need for less.
Check around your college town to find out if any business offer deals for students who present their IDs. Restaurants, grocery stores and even locally-owned businesses often participate in such deals – it’s good PR, after all – and if you truly can’t curb your shopping urges, try visiting thrift shops and consignment stores.
Saving money won’t happen overnight – it’s an ongoing process. Starting tweaking in increments and you’ll have those pocket holes mended in no time!
Mary Steffenhagen is a junior at Concordia University of Wisconsin who is majoring in English with a minor in business. She hopes to break into the publishing field after graduation, writing and editing to promote the spread of reliable information and quality literature; she is driven to use her skills to make a positive impact wherever she is placed. Mary spends much of her time making and drinking coffee, biking and reading dusty old books. In an alternate universe, she would be a glassblower.