Flickr user Daniel R. Blume
Since college students are newly in charge of their finances, some can be extravagant and impulsive spenders, that don’t budget their money well. This can later lead them to financial woes due to their overspending. There are, however, a few students who plan upfront on how to use their cash and thus end up financially stable for the entire period they have at school. There are some ways to save money in college that you can use to ensure that you learn and use proper money management to save and manage more of your money while you are shopping. We can look at 10 ways to save money in college below.
Shop on the right day
Shopping on the right day can save you a lot of money as a student, In choosing the right day to shop, you can watch out for days that have special offers or discounts. Some stores and supermarkets give their customers special offers on specific days. These offers can be at times limited, and so you should be fast to go out and shop when the offer is readily available in order to save on that extra coin.
There are also some stores and supermarkets that offer discounts on their products, and thus they sell cheaper than their counterparts. As a student, you can take advantage of these discounts so that you get to save on the little cash you have. For the best bargains, you can also try shopping later in the day say in the evening. This is when most store owners would want to get rid of the remaining stock before the next day reaches so that they avoid it going bad or getting spoiled. In achieving this, they will have their prices slashed down so you can save.
Use multiple coupon codes strategically
In case a retailer allows you to use multiple coupon codes, you should use them strategically in order to save more money.
Accumulate more coupons with multiple email addresses
Signing with multiple email addresses can be a huge advantage for you as this will ensure that you pile up multiple unique coupon codes. This will help you while shopping to save more money as compared to if you just had one email address. Thus you can use this strategy as a student and make huge saves while in the stores and supermarkets.
Subscribe to newsletters and email alerts
Subscribing to email alerts and newsletters has a variety of advantages. Especially as a student, it can help you save more money. This is because most companies use this as a strategy to reward their loyalists. At times they may decide to reward everyone on their email list coupons to use for shopping. If you’re lucky enough to be on this list, then you will definitely benefit and thus save. There are some stores also that offer a certain percentage of a coupon for just joining their mailing list.
With email alerts and newsletters, you will also be updated on latest offers and discounts on stores and how it can help you save.
Add items to your cart then leave
Yet another strategy you can use is placing your items in the cart and then leaving. This may lead coupons from the store to you so that you are pushed to buy their product. This will work as an enticement, but as well a save for you.
Get discount codes
You can also search for discount codes from Coupon Websites like CouponRetailr so that you can save on the money you have as there are stores that offer the codes.
Create a budget and stick to it
Working on a budget is very important. When you come up with a list of the items that you are interested in purchasing, it can help you save a lot of money. This is because you will only buy what is on the budget when you decide to stick to it.
Get a credit card with cash-back rewards
Getting a credit card that rewards cash-backs can help you save more money. The rewards will help you shop for more items and at a decreased price.
Take advantage of tax incentives for college students
Tax incentives are usually provided for college students by the government to help them live comfortably. You can benefit from such incentives as a student in order save more money.
Choose a bank that offers perks for students
Various banks offer affordable perks for students that help them to save a lot of money. You can take advantage of this in order to make your saving even more.
All in all, there are plenty of ways to save money in college!
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| Lender | Rates (APR) | Eligibility | |
|---|---|---|---|
 |
5.50%-16.12%* Variable
3.99%-15.61%* Fixed
|
Undergraduate and Graduate
|
VISIT CITIZENS |
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5.54% - 15.70% Variable
3.99% - 15.49% Fixed
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Undergraduate and Graduate
|
VISIT SALLIE MAE |
 |
4.63% - 17.99% Variable
3.49% - 17.99% Fixed
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Undergraduate and Graduate
|
VISIT CREDIBLE |
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6.00% - 13.75% Variable
3.99% - 13.75% Fixed
|
Undergraduate and Graduate
|
VISIT LENDKEY |
 |
5.66% - 14.72% Variable
3.69% - 14.56% Fixed
|
Undergraduate and Graduate
|
VISIT ASCENT |
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3.70% - 8.75% Fixed
|
Undergraduate and Graduate
|
VISIT ISL |
 |
5.62% - 16.85% Variable
3.69% - 16.49% Fixed
|
Undergraduate and Graduate
|
VISIT EARNEST |
 |
5.00% - 14.22% Variable
3.69% - 14.22% Fixed
|
Undergraduate and Graduate
|
VISIT ELFI |
