Going through a whole year of college just to make ends meet can be a stressful experience that affects your mental and physical health, as well as your grades.
Avoid the stress with these tips and keep more cash in your pocket.
1. Save through budgeting
You’ve read this before, and with good reason. Budgeting is important not only to save but also to ensure you always have enough to pay for tuition and facilities.
Money on a debit card can seem a bit unreal. It’s important to consider and plan how much you’re going to spend at each location.
2. Buy old textbooks
Textbooks are expensive, there’s no denying that. Most people only use them for one semester and then throw them away – but not all! Buying and selling used college textbooks is a great way to not only make some money back, but save some as well.
Consider looking on social media for groups where students buy and sell their textbooks.
3. Save with the student discount
If you didn’t start clipping coupons as a student, now is the time to start.
Sites like Student Edge and Uniday are great for students looking to save on great deals. Unidays has deals on everything from Dominos pizza to your latest Microsoft Surface.
Remember that as a uni student you should always bring your student ID with you – you never know what student discount the store might have!
4. Save by cutting subscriptions
Subscription services are great for getting services without spending large amounts of money up front, but they add up when you pile up monthly expenses. One way to save is by reducing subscription services that you don’t use as often. Alternatively, some services offer student discounts (e.g. YouTube). You may also be able to use programs like Microsoft Office for free with a student membership.
5. Save by pooling funds
Tackle costs together and make life easier! You can pool money with friends for meals, events, or even transportation. Then there’s television: most allow multiple accounts – pay individually for a service and share with friends if you want several different services.
6. Sign up for a high-yield student savings account
When using the above saving tips, you need to find a place to stash your earnings. With a high-yield savings account, you can grow your money in ways you wouldn’t typically find in an overnight savings account.
Looking to open a high-yield savings account to make the most of your money? Check out and compare some of the best high yield student savings accounts on Mojo.
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