You can manage and even gain while spending your money as a student.
Also, know that there’s a difference between being cheap and having spending savvy. There’s nothing wrong with living within your means, rather than beyond.
Below are 10 good steps, to help save your money as a student.
1.Write Down Your Budgets
Writing down your budgets is a great way of tracking your finances. Simply writing down how much you have spent will enable you to work out if you are spending too much money it also helps in keeping irrelevances away from budgets.
2 CONSIDER PHONES
Consider more basic phone packages and plans or plans that include unlimited texting with free incoming calls
3. Go to class. You’re paying for it and skipping is like throwing money out the window!
4.Having
Emergency money is a highly rated tip which we recommend. It’s always
good to have emergency cash which is not part of your budget. This way,
if you ever have any issues or emergency situations, then you have that
allocated amount to help you through your situation. On the other hand,
you would be saving this allocated amount if you don’t spend it!
5.Open a savings account that earns interest. Credit unions have fewer fees and are great for students.
6.Writing
down your costs is a great way of tracking your finances. Simply
writing down how much you have spent will enable you to work out if you
are spending too much money.
8. Reviewing
your bank statements every week will enable you to work out how much
you are spending per month. This then allows you to decide on whether
you want to increase your spending or whether you want to decrease your
spending. Either way, this will help you manage your finances properl
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