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Savings for Students
Is it possible to save money while in school?
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[QUOTE="Stunna, post: 320862, member: 96305"] Yes, it is very possible to save money while in school. Here are a few tips that can help you do so Creating a budge will help you to save money, it's important to have a clear understanding of your income and expenses. Create a budget that shows all your monthly costs, such as tuition, rent, food, and entertainment. You also have cut back on unnecessary expenses know areas where you can reduce your spending, such as eating out less, using public transportation instead of driving, and shopping for sales and discounts as the case may be. Look for ways to earn get an extra income,in some cases working part-time, freelancing, or starting a side hustle will really be advisable. Try to avoid taking out loans with high-interest rates while in school, such as credit card debt. If you do need to borrow money, look for low-interest student loans or scholarships that is easy for you. Plan for future expenses in time ,start thinking about future expenses, such as rent, utilities, and transportations, and also endeavor to set aside money now to help cover those costs. You can save money while in school and build a strong foundation for your financial future. Make your own food at home ,cooking your own meals instead of eating out can be a big money-saver in this situation. Try to plan your meals in advance, buy groceries in bulk, and take advantage of student sale discounts to buy things at cheaper amount. Also the library is a great resource for books, movies, music, and more. Instead of buying online books or paying for streaming services. [/QUOTE]
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Is it possible to save money while in school?
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