Every now and then I go through Yahoo’s Shine page, they usually have great post by users and other professionals that I like to read through. Like for instance the other day they had an article entitled 8 Ways to Stretch Money as a College Student. In all the tips were general tips:
- Take advantage of campus activities
- Use student discounts
- Buy used
- Host group events
- Look for other alternatives
- Watch sales
- Walk, bike, carpool or ride the bus
- Cut back on utilities
They may be general but they are relatively good tips. For my situation I’m not sure. Campus activities? Well I would have to be on campus in order for that to be worth my time going to campus. However, even when I live on campus I didn’t go to a lot of activities mainly because they didn’t have many activities and then the ones they did I wasn’t always interested in them and sometimes those suckers cost the same as going to the a matinee movie. I’m not the type to go clubbing so that never entered the scene. Student discounts are awesome things, just saving a dollar or two at a movie theatre is worth it. Back home the Harris Teeter gave a 10% discount for those with student i.d.s, I haven’t been able to find any Harris Teeter here in Greensboro that does the same thing. Which makes me sad, I’ve asked two and they all have said they are some that do it but we don’t. How sucky is that?
Depending on what you are buying, buying used is a great tip. Things like textbooks, previously viewed movies, previously played games, and sometimes furniture. Now you are never going to see me say buy used clothes, mainly cause my germ phobic self would never ever do something like that. Granted I’ll take a shirt or something from my mom or sister, because their DNA is just like mine. Never buy a used mattress; in fact I’ll go as far as to say go to a reputable mattress store to buy your mattress. A good mattress can last you five or so years. As well as pay for itself with the hours of good solid sleep you’ll get on it. I spent $600 on my mattress; it’s a semi firm pillow-top. I love this sucker, it’s one that doesn’t have to be flipped like older mattress, and I have turned it once. But I sleep like the dead on this thing. My mom loves it, my brother loves it, and even my sister who I bought an $800 mattress loves it. The only other thing I would say buy new if you can is electronics. There are a lot of people who would think the opposite but now a day you can electronics for cheap if you know when to buy. Plus with new electronics you get the added bonus of the store warranty and then the company’s warranty. Electronics are fickle things and I would rather be safe with a warranty and a place I can take it back if it doesn’t work, then waste money and to pay for another item.
Look for other alternatives; they were talking about off name brand things, like Harris Teeter brand cereal versus General Mills. Another good tip that you need to be wary of. Some times the items are the same, they taste the same, they look the same, and the chances of them being made by the same company is great. However that’s not always the case, for example I went on a Trix binge early this semester. I couldn’t get enough of them. But one day I was in Wal-Mart noticed their brand Trix-like cereal, it was cheaper and in a bigger box. Took it home and was sad for a week. It didn’t taste the same at all. It was way too sweet and there was an off putting taste in general to it. However Target’s brand Cinnamon Toasties is the same as the original Cinnamon Toast Crunch but cheaper, the only problem is that the cinnamon doesn’t stay on the cereal once you put milk on it. But I can deal with that. I must point on sometimes with a good coupon and sale one can get a national name brand for cheaper than a knock off. Watch those sales and clip the coupons. Take an hour or so on Sunday to clip and look through the flyers. There are several websites that do that for you. I’ll put up some links of the ones I like. They look through the flyers on Sundays and Tuesday (when the grocery store flyers come out) and do coupon match ups. Letting you know what’s a good sale.
I think number 7 is a no brainer, same as with number 8. Those tips have been nearly beaten to death and most college students know of them.
Like I said in general great tips but I think the greatest tip would be: knowing where your money is going. Think about saving more than spending and you should always have money to fall back on. But don’t be afraid to have a good time, every now and then one should go out and celebrate, treat your self to something, or splurge. I never was one who liked those people who wouldn’t do anything because they were to busy saving money. And then complain about not being able to do something. Saving and budgeting doesn’t mean the end of life. College is the time of experiences and that’s what is really important just don’t go over board on anything.
