Universities are expensive, so here are several ways on how to save money during college.
Almost every university student is looking for ways on how to save money during college. Even for the students lucky enough to have mom or dad pay tuition or have a full scholarship, there’s never enough cash to pay for unexpected expenses or entertainment. So short of eating ramen 20 times a week and never going out, here are some ways you can save money during college, yet keep your social life.
Learn how to Cook
Going out to eat is fun and offers great food, but it’s also expensive. You can save a little bit of money by cooking an extra meal or two each week. You can even make sure you cook extra food to produce leftovers which can save even more money.
But by going out to eat less often, you’re afraid your social life might suffer? You can find additional socializing opportunities by cooking to compensate. For example, you can learn how to cook by taking cooking classes, where you can meet a lot of new people. There’s also the opportunity to invite a friend over to cook with you. This can make an especially fun but low-cost date, where you can learn a lot about your romantic partner and create great memories.
Get a Roommate
As soon as your college allows, move off campus and find an apartment or home you can rent that has two or more bedrooms. Then, find roommates who will help pay the rent. This can provide huge savings on your living expenses. In most locations, going from a single to two bedroom apartment is not going to result in double the rent. But by getting a roommate, you can cut your monthly rent in half. And having roommates can improve your social life, giving you an opportunity to meet people you wouldn’t otherwise as a result of your roommate introducing you to his or her friends.
Don’t Drink as Much Alcohol
The next time you’re out with your friends where alcohol is available, think about drinking less. For some college students, this may be a good idea, regardless of the cost savings. With others, having one or two fewer alcoholic drinks can save a nice chunk of change, but still give you the opportunity spend time out and about, socializing. For even more cost savings, avoid alcohol altogether and drink soda, water or another low-cost beverage instead.
Use Your On-Campus Gym
If you attend a college that offers free use of workout amenities, use it and avoid paying a gym membership at a private club or gym. Even if it’s not free to use your gym, there’s a good chance you have to pay for it no matter what, since it’s a mandatory fee. And if your on-campus gym fees are optional, see if they’re cheaper than joining a private gym; they probably will be.
Look into On-Campus Healthcare Services
If you’re a dependent, you probably have health insurance through your parents. If not, you may be able to buy health insurance through your school. Depending on the specifics of your health insurance plan, as well as the fact that you’re a student, you may be able to receive basic medical care at your on-campus clinic for a lower price than a private clinic. Routine visits, physicals and vaccinations may be cheaper on-campus, but you’ll need to do some research to confirm.
Join On-Campus Clubs and Events
A lot of college clubs and events are free to join and they offer an excellent opportunity to not only enjoy a particular activity, but also meet new friends. Examples include intramural sports, hobby groups and community service organizations.
It can take time and practice to learn how to save money during college. If you need a bit of wiggle room, a title pawn can help. Call or visit your nearest Title Tree store to find out whether you qualify.