Being in school, be it high school or college, can either be an exciting time or a stressful period for anybody. Apart from having to deal with school work, being broke and surviving on a shoestring budget is a reality for most students.
So, is it possible for a learner to enjoy a comfortable life without messing up their finances?
Absolutely! And this article has all the necessary tidbits of information to make sure any student can survive on a tight budget and still have some funds in the bank.
Have a Budget
To start, every student should have a budget. This applies to those who work part-time and who rely on their guardians for upkeep. The beauty of a budget is that it helps prevent overspending, which is a struggle for learners who have money at their disposal.
Learners should keep it as simple as possible. But how?
No matter the amount of money someone has, food should be a top priority for any student. It’s hard enough studying tons of classes, and it’s even harder trying to focus when hungry. Every learner should have an essentials list. Take care of it before getting crazy about clothes or movie dates.
Get a Roommate
For anyone in college or university, living by themselves is costly. The best way to save money is by having a roommate. Not only will you be able to split housing expenses, but having someone around to talk and hang with is terrific.
Furthermore, having a roommate allows students to interact and learn new things like brilliant study tips. Discovering https://essaypro.com/essay-help.html for essays, or improving social skills would have never been possible without a roomie.
Cook at Home
Eating out is expensive. For an extremely busy student, it might seem easy to use a food delivery app and have a delicious meal at their doorstep in a couple of minutes. But for someone on limited funds, take out is a luxury they cannot afford.
Not only is making your own food an excellent way to save money, but it’s also great for meal prep. This means that you will have enough for dinner and plenty to take with you to eat between classes.
Dine at the School Cafeteria
For anyone who can’t cook for themselves, the next solution is taking advantage of the cafeteria. The school cafeteria might not have an extensive selection of mouth-watering dishes, but it’s cheap.
For a few dollars, you can enjoy a good meal, which beats incurring a huge check at a restaurant.
Drink Tap Water
Buying a bottle of sparkling or flavored water might seem harmless at first, but it’s an expensive habit that will have students depleting their accounts pretty fast. If you live in a country where tap water is safe to drink, stay away from purchasing bottled water.
For individuals who don’t feel comfortable consuming tap water, check if your cafeteria has a water dispenser and take advantage of it. Apart from the cafeteria, other potential places with a water dispenser include:
Learners who stay close to their school have a better chance of saving money by walking to class instead of commuting. If you are often inclined to taking a cab in the morning, try waking up earlier to make it to class on time. First, you will do that to save money, but with time, you will start enjoying the walks. Take that time to listen to an audiobook or reflect.
Embrace the Outdoors
Exercise is excellent for improving memory and helping students increase their cognitive performance. Some schools have indoor gyms while others don’t. If you can’t access a gym, you can always exercise outside and enjoy the magnificent benefits of nature.
Lack of a school gym should not be an excuse for any student to ditch fitness. The fact that a person can perform outdoor exercises, alone or in a group, without parting away with a single dime is enough reason to get excited.
Just because students are required to use certain books and materials, doesn’t mean they should buy all of them. Books are expensive, and purchasing all of the required ones is enough to flatten out any budget.
For individuals in need of staying up to date with their reading materials, they can borrow books from their friends, peers, or teachers. Using other people’s books will make studying without ruining your budget easy.
Another awesome idea for getting access to books is by studying in groups. In a group setting, it’s easy for an individual to come across someone who has a book they need. Students can form study groups and enjoy the benefits of having access to tons of resources without spending a coin to buy any of them.
Buy in Bulk
Whatever it is that you need to buy, you have to make sure to purchase it in bulk. It’s cheaper to buy a product at wholesale than a single item. Since most learners survive on limited funds, you can buy something as a group instead of each shopping on your own.
Shop at Cheap Stores
Instead of buying products at regular supermarkets or shops, students need to take advantage of dollar stores or discount shops. The brilliant thing about such outlets is that they sell almost everything available at a standard store but at reduced prices.
Such stores might not have the expensive 3-ply toilet paper, but they have a cheaper alternative that serves the intended purpose. So, instead of learners getting crazy about specific brands, they can shop at discount stores and still get everything they need. And since such outlets discount their items, individuals can comfortably shop by themselves and not in a group.
For students who have a massive pile of textbooks, they can rent them out to others in need. For a couple of dollars, you can loan out your books to friends and peers.
To make the most out of this option, keep your books in the best condition possible. No one is going to pay for a book with a torn cover or missing pages. Apart from textbooks, you can loan out your novels, sell essays, or study materials.