Being a student can be difficult when you have little money to do anything besides buy in takeaways and cheap beer. However, believe it or not you can survive as a student without going totally broke, and today we are going to list a few ways you can do it:
Get a credit card – research the best credit cards for students and you will be able to make it to payday with a little extra money in your pocket. It will also benefit your credit rating after you have finished you study and decide to apply for a mortgage.
Do community service – if you can show that you are a useful member often community and that you care about the people who live in your area, you are much more likely to be accepted for a scholarship!
The cost of college – before you leave for college you need to know how much it will cost you to live. This will help you to save up for a few months before you move into your dorm and at least give you a head start before you get a part time job for the year.
Start as soon as you can – get saving as soon as you can! The moment you get your first paycheck in high school, put some money to the side for your college fund and this will allow you to live comfortably for the first few weeks and months that you study.
Ask for gifts – rather than asking your parents and other family members for a new pair of shoes, try asking for money towards living expenses or even money towards a holiday at the end of the year so you can celebrate your semester.
Learn to manage your time – as a student you are probably pretty familiar already with the concept of procrastination, but this also applies to your finances. By managing your time correctly and devoting your time to study, you will not have to repeat any classes or drop classes, which in turn will save you some money.
Federal Work Study Program – you can work part time in order to earn the funds for your education. This is a great way to keep you busy and make sure that to stay financially stable during your study.
Research scholarships – make sure that you take the time to research what scholarship options you have and learn about the types of scholarship available to you, you could find one which suits you perfectly. It will save you a huge amount of money on study and put you on the path you need for your dreams.
Get cooking – one of the best ways that you can stop yourself from going broke during your time living in your dorm is to learn how to cook. Take some time at the weekend to learn some basic recipes that you can make throughout the week. Foods like pasta and soups are always helpful to have on hand when you need them! It will stop you spending all your money on meals out and takeaways.