Want to Earn Some Extra Money?
- Survey Junkie: Earn up to $50 per survey with one of the highest-paying survey sites on the web. Join Survey Junkie Now
- Swagbucks: Make money watching videos, taking surveys, shopping online and more. Join Swagbucks Now & Get a $5 Bonus
- LifePoints: Quickly becomming one of the best survey sites out there. Earn up to $10 per survey in a short time. Join LifePoints Now For a 10 Point Bonus
- MobileXpression: Earn free money (passive income) just by leaving an app installed on your phone. Join MobileXpression Now & Get a Free Gift Card in One Week
Hey struggling college student, are you trying to figure out some ways on how to save money in college?
College is one of the best times of your life.
You don’t want money stresses to hold you back from this memorable time in your life.
What are some ways on how to save money in college?
Should you create a budget?
Have you had the itch to start saving money but don’t know how to get started?
You realize the benefits of saving money, like:
- Growing your savings account
- Building an emergency fund
- Stocking your bank account for your transition to the workforce when you graduate
- Paying for school
- Reducing your debt
- Learning to be financially independent
But, you wonder how you can actually get there?
These questions and more will be answered in this article.
Make sure to bookmark so you can come back to it later!
25 Ways On How To Save Money in College
These are going to be broken down by a DO’s and DON’TS. Take a look.
1. Do Earn Extra Money By Filling Out Online Surveys
If you have a smartphone and a few minutes to spare throughout your day, you could be earning some easy money by filling out online surveys!
There are many different apps that will pay you to simply take a survey through their smartphone app.
Sound too good to be true?
Try these few apps out for yourself and watch the money start to roll in! These apps include:
2. Don’t Stress Out
Don’t stress about college life or money.
Stress can actually make you sick.
It has an impact on your physical health and mental health.
Getting sick means a trip to the doctor or emergency room, which can be expensive.
So, avoid stress if you can.
College is a fun time.
Set reasonable goals.
Meet those goals.
Rinse and repeat.
3. Do Watch Your Spending
This can include:
- Eating out
- Extracurricular events (like football games, etc.)
- Going out with friends
- Night life
- And, more!
Track your spending habits and create a budget.
Start using a budget app, like Mint.
Must Read: 13 Money Management Apps to Try This Year
4. Do Take Advantage of Campus Amenities
Take advantage of these.
This can include:
- Basketball courts
- Other sports courts
- General store
A lot of these are totally free, as a part of your admission with the college you attend.
This goes back to taking advantage of all the student perks you can.
My sister went to school for over a decade and today she has multiple degrees and her dream job.
She didn’t miss a beat during her school years, claiming as many student discounts as she could, including restaurant deals, half price discounts, discounted software, Amazon prime and more.
Don’t miss out.
5. Make Money By Investing Your Change From Every Purchase
College students are going to spend money, there is no secret about that, but are they saving money? I know, “How can I save money if I barely have any?”
Before debit cards and Apple Pay were so popular, most college students had to use cash for everyday purchases. This made setting aside your change at the end of the day easy as most would just throw it into a piggy bank when they get home.
With debit cards, this is much harder due to the fact that you never see the actual money being spent and have no physical change left over. That is where Acorns, a smartphone investing app, comes in.
Acorns takes your spare change from every debit card purchase and invests it into stock options of your choice. This helps build a savings account and help make you extra money without having to even think about it.
6. Save Money On Your Grocery Bills
Moving out on your own also means having to do your own grocery shopping. Unless you are lucky enough to have your parents pay for it, that grocery bill will be coming out of your pocket.
Many college students quickly learn just how expensive this can be during their first trip to the grocery store.
Years ago, college kids would opt for cutting out coupons and saving money instantly on their food purchases. With the advancements in technology, apps like Ibotta, Shopkick, Makeena, & Fetch Rewards, allow you to earn cash back on grocery items, straight from your cell phone.
Similar to coupons, you can see which items are being promoted for cash back and click to choose them. Once you check out, simply scan the barcode and your receipt and your savings are deposited into your account.
Once you reach the $20.00 threshold, you can redeem your cashback through Paypal or an assortment of different gift cards.
7. Get Cash Back When Shopping Online Using A Shopping Portal
It’s hard to not find a college student who is not taking advantage of the convenience of online shopping. With delivery times becoming faster and the lower cost of brick and mortar stores, online businesses have become wildly successful.
Wouldn’t it be nice if you got to earn cash back on your online purchases just for shopping? You guess it! There are smartphone apps for that!
Swagbucks – Swagbucks is a large site that offers many different ways for users to earn Swagbucks, their currency that can be traded in for cash or gift cards. Through their many different partnerships with major retailers, consumers can access shopping portals that allow anywhere from 1-10% cash back on purchases on the site just by using the portal.
Ebates – eBates is another site that allows its users to earn cash back from filling out surveys, watching videos, and most importantly, using a shopping portal. We have seen some offers extend up to 30% cash back on eBates from various companies.
TopCashback – The last on our list, but certainly not least is a site called TopCashback. This site is another shopping portal offering big cashback rewards from large companies. You can also find up to date coupon codes as well!
8. Don’t Be Careless with Credit Cards
This is a big mistake in college.
You are new to money and learning the ropes with finances.
You can fall into credit card debt really easily.
My Personal Story of Falling Into Credit Card Debt as a College Student
I was a junior in college and I had just transferred to a new university in a big city.
I was promised free Subway in exchange for a credit card application.
Subway is a chain restaurant that serves submarine sandwiches, if you aren’t familiar.
I remember the person hosting that Subway stand telling me, “don’t worry you won’t get approved.”
But, I did!
And, I actually qualified for 2 credit cards.
I promised myself that I would only use one and I ended up using both and maxing out both cards before I graduated.
So, thousands of dollars in debt for a free Subway sandwich.
Don’t make the same mistake I did.
Credit cards are a neat way to help you build credit.
They are revolving debt and a mix of debt, revolving and installment loans (like personal loans, auto loans, etc.) are great for building up your credit and helping you earn a strong credit score.
There’s a smart way to use credit cards to reach that goal.
Take a look at these suggestions:
- Set up automatic payments on your credit card to ensure you pay on time, every time
- Ask for a credit limit increase twice a year (which helps lower your debt utilization ratio)
- Keep your account open
- Keep balances low
- Use for purchases that you can afford to pay cash for (small buys like gas, groceries, etc.)
More on this: Using a Credit Card to Build Your Credit
9. Download A Money Managing App
To save more money, you will need to start managing your money better. This means looking at what you are spending your money on, cutting out unnecessary expenses, and budgeting your money.
While you could look at your bank account statements for hours and try to sift through your expenses, many college students have the time or patience to do so.
You can easily let a smartphone app do the heavy lifting with an app like Mint. Mint is an all in one money managing app designed to help you take control of your finances.
This app can help you set budgets, pay your bills, and check your credit score to keep your money managed and help you develop better financial habits to become more frugal.
10. Take Advantage Of Reward Programs & Email Lists
While you are shopping online making some cash back on your purchases with one of the portals above, make sure to sign up for the company’s reward program and email list.
Many large retailers offer incentive programs that reward you after a certain amount of purchases or dollar amount spent. This can be an easy way to rack up points or get a free meal.
Always check your email as well as companies love to send out coupon codes or promotions through email which could mean big savings for your next shopping trip!
11. Find The Best Deals On Gas With A Fuel Saving App
Let’s face it, gas prices are never what we want them to be, but that doesn’t mean you can’t save money on your next fill up. With thousands of gas stations all over town, the prices at each are not going to be the same.
This means you can take advantage of the competition of the lowest prices and fill up where gas prices are the cheapest. We know you do not have time to run all over town to find the lowest price, so we are going to give you a little insight on a handy fuel app you can use.
Trunow is one of our favorite apps as it not only lets you find the lowest priced gas in your town, it also give you cash back on fuel purchases and allows you to find money saving deals on snack purchases at the gas station.
You can even help update prices for an extra bonus! That’s right, you can save money and make money all in one app doing things you normally do.
12. Save Money On Dining & Events By Taking Advantage Of Promotions
As a college student, it may be hard to get out and enjoy a nice dinner or activity without worrying about overspending. To keep yourself sane during those crazy final weeks, you will want to find some kind of activity to relieve some stress and treat yourself to a good time.
How can you do this if you are on a budget you ask?
That is where apps like Groupon and Living Social come into play. These apps allows you to get cashback, save instantly, and even get free experiences with group buying. Choose from restaurants, events, retail items, and many more deals.
The best part is, whenever you need to get an oil change, do some shopping, or look for something to eat, you can always check these sites for the best deals to save big!
We have even seen these sites offer a promotion where you can share your deal, and if 3 more people buy it, yours is free!
13. Do Cook at Home
Cooking at home is a must do to save tons of money.
Cooking can be fun, allowing you to explore your creative side and make delicious, nutritious meals.
Save even more money with these cooking hacks:
- Buy staple ingredients that you can use for multiple recipes (like onions, garlic, pasta, rice, beans, etc.)
- Scan your receipt with Ibotta for cashback
- Buy fresh produce that’s in season
- Shop farmer’s markets
14. Make Extra Money Selling Your Unused Items
Now that you know a few ways to save some money that you may have otherwise spent, let’s look at a surefire way to make some cash. The easiest way to make money is to either work more, which you most likely don’t have the extra time for, or sell your unused items using an app on your phone.
Simply find out what you are not using anymore, snap a good clear photo of it, upload it to an app like 5 Miles or LetGo, and wait for a buyer.
These apps act as an online marketplace that allows users to sell items to other users. You can find or sell just about anything on these apps so be sure to check it out if you are about to make a purchase and would not mind a second hand item.
Life Hack: You can also make some extra income finding cheap items for sell on the app, buying them, and reselling on the app for a higher price. Many people do this for a living and have great success with it.
The only downfall of this is that you will have to meet up with the person selling this item so always take a friend with you and meet in a very public place.
15. Find Coupon Codes To Save On Online Purchases
If you are an avid online shopper or even just starting to shop online, you know how easy it is to breeze through the checkout process. In fact, that is why many people choose to shop online, for the convenience.
What many don’t know is that there could be coupon codes available for you to use on your purchases that you are making, and you don’t have to be on a special mailing list to get them.
You can find all of the latest discount codes for most online stores by checking out RetailMeNot, the internet’s favorite coupon code site.
This site offers coupon codes, cash back deals, and much more to help its users save money on their purchases everyday.
By working with thousands of the top retailers, RetailMeNot is able to offer exclusive deals through their shopping portal that allow you to save hundreds and even thousands of dollars a year.
16. Do Buy Used Everything
Lastly, buy used to save money.
Used products costs a lot less than new items and a lot of times you’ll get comparable quality.
When I was a college kid, I bought used as much as I could, like textbooks, apparel, electronics, and more.
Here are some more examples of used products you can buy to save money:
- Electronics (like MP4 player, computer, tablet, cell phone, etc.)
- Linens (like curtains)
For used apparel, head to your local consignment store or thrift shop.
You can also find used clothes at flea markets.
I’ve personally shopped both stores and they have a huge variety for men, women, and kids.
You can even find brand new clothes (with tag) on these sites for a big discount.
Used electronics are a great money saver.
I recently purchased a used tablet that’s just 2 years older than the current model, but 5 years newer than my previous tablet and I got it a fraction of the price.
Places to Find Used Electronics
A lot of the marketplace websites like those shown above are great for finding used electronics.
You may even be able to get a warranty included!
Used books are a total must as a college student.
Why buy new?
This was my bread and butter as a college student.
Me and all my friends would always ravage bookstores looking for the used version of the textbook we need.
Head to local and campus bookstores or save money with borrowing books from the library.
My first furniture purchase was for used furniture.
I got an entire living room set for under $400, including tables and curtains!
Used furniture can be found at yard sales, rummage sales, thrift stores, and furniture outlets.
Online, look at neighborhood groups like Nextdoor, Facebook Marketplace, Facebook groups, and Craigslist.
Lastly, linens are one of those goods that you may think to buy used but you can save a ton of money purchasing used linens, like curtains to furnish your home.
17. Get Cashback + Save Money At Your Favorite Local Retailers
As a college student, you are going to need to do some type of shopping throughout your stay on or off campus. This can range from outfitting your dorm, shopping for groceries, or even getting new clothes for the changing seasons.
If you are spending your hard earned money, it would be nice to get some of that back or at least save a few bucks here and there.
You can do just that, plus earn cashback just by visiting a store with Shopkick, a shopping rewards smartphone app. Simply use Shopkick when you visit your favorite storefront or online shopping store and earn “kicks” in a variety of different ways.
These kicks can then be used to earn cash back of gift cards to use at major retailers.
One of our favorite features is that you can earn kicks just by visiting the store and you can earn bonus kicks from scanning the barcodes of certain products. This means you can spend your lunch breaks or free time browsing stores and making money.
18. Do Embrace Free Activities
Free activities are totally underrated.
There are so many free events that fly under the radar.
These will probably surprise you:
- Music in the park
- Walking around campus
- Citywide festivals
- Campus events
- Sports events
- Movie marathons at home
- House parties
- Free museum days
Consider embracing a no-spend weekend, too.
Try this, one weekend a month or more, if you can and explore one or more of these activities above.
19. Become A Mystery Shopper To Earn Extra Income & Get Free Meals
What if I told you that you could be making extra money and getting free meals by simply shopping with a retailer and giving your feedback on the customer service?
That is exactly what you can do with being a mystery shopper. While most people think a mystery shopper is some type of undercover private investigator, they are usually a normal person with a smart phone.
With a variety of apps available in the app store for mystery shopping, the possibilities are endless. We have seen great success with Field Agent, a smartphone app that is designed to help you earn extra money by completing small tasks to help restaurants audit their stores.
Most jobs do not require a purchase and will require you to simply take a photo of a display or check a price of an item. These tasks pay our anywhere from $1-$20 depending on the the difficulty of the task.
20. Get Cashback From Purchases By Scanning Your Receipts
We have already determined that college students have to shop a lot during college whether it’s frugally or not. By using one of the methods above, you can easily save money on the front end or receive cashback on the back end.
Now, there is a new way to make even more money using something you probably already through away – your receipt.
Now I know what you are thinking, how could I possibly make money with something that shows how much money I spent? Apps like Ibotta want this information, and they are willing to pay for it too.
Simply use the app to take a photo of your receipt and buildup a cash back rewards stash that took virtually no extra legwork. If you are going to be getting a receipt, you might as well get something for it right?
21. Do Study and Get Good Grades
You might wonder how studying and getting good grades helps you save money.
If you get good grades, study, and pass your classes, that means you won’t have to repeat that class.
Repeating classes is super expensive.
You are paying to retake the class.
So, it’s like you’re double paying for the same class.
This is why studying and passing your class is super important.
It also means of course, less time in college and the faster you can enter into the workforce.
22. Avoid ATM Fees With Free Money Transferring Apps
With the amount of after school activities, lunches, football games, and many other events where you will be using cash or splitting bills, ATM fees can start to stack up. Not only that, but finding an ATM that is in a convenient location can prove to be quite difficult as well.
Save both time and money by avoiding those ATM fees with money transferring apps. College students all over the world are starting to make the shift to apps like Cashapp and Venmo to transfer money to their friends and family.
With no fees, you can transfer bill money, pay back food costs, or even gift a few bucks for a birthday at the click of a button.
One of the smartest ways to use these apps is having a parent and student use it to transfer money in case you find yourself in a situation where your card gets declined or you need a few extra bucks to get by.
23. Ensure You Are Paying The Lowest Prices For Food
Now that you know you can save money before shopping for groceries, earn cash back with your purchases, and even use your receipts to earn some extra money, it’s time to look at how much you are actually paying to begin with.
If you can find lower prices, your savings will be even bigger each trip to the grocery store.
Using an app like Shopper will allow you to easily create better budgeting for your meals and you can even find recipes to fit your financial situations.
This app also shows you coupons and savings from top brands and retailers to ensure that you are getting the best deal possible when you go to make your list. Combine this with some of the above apps and you can be saving more money that you could have imagined.
24. Take Advantage Of Your Student Discounts
One of the biggest perks of being a college student in a college town is being able to use your student discount to get deals on everyday purchases.
Many local restaurants and stores offer discounts for students that can help you save hundreds or even thousands each semester.
To help you find these great deals, RoverTown displays deals and discounts near you to keep you up to date on where the savings are. This is a great app to keep on your phone when you are trying to decide where to eat!
Here are some more examples of student discounts that you might not be taking advantage of:
- Apple products
- Adobe products
- Amazon Prime
- Jiffy Lube
- Hancock Fabrics
- The New York Times
- The Wall Street Journal
- J. Crew
- Sam’s Club
- Banana Republic
- Charlotte Russe
- Sally Beauty Supply
- Kate Space
Also take a look at these 100+ stores where you can get a student discount.
25. Track Your Spending Habits With Wally
Budgeting is key whether you are a college student trying to live more frugal or even just someone who would like to take control of your finances.
While most people use the word budget and say that they are sticking to it, most don’t know where to start, let alone manage one. That is where Wally, a personal money management smartphone app, comes in to help you out.
This app connects with your credit or debit card and tracks your spending habits with each purchase you make. It helps you set up budgets to ensure that you are reserving the right amount of money for each budget and making sure that you do not spend outside of your budget.
This not only helps you save money, but it also helps to build better financial management skills that will help you in any financial situation.
26. Find Free Parking Around Campus
It is no secret that one of the most dreaded things about college is the parking. Either there are not enough spaces, or the parking pass is expensive.
Add in the unsuspecting cost of parking outside of campus at adjacent lots and metered parking spaces, and you can quickly rack up an expensive parking expense throughout the semester. Not only that, you lose valuable time driving around and searching for a free spot.
Parkopedia, a smartphone app that shows you the exact locations of parking spaces, is changing the game when it comes to parking near campus.
Simply input where you will be going and what time you expect to be there and Parkopedia shows you exactly where spots are located. It even features an easy to use map and lets you know how long it will take you to walk to your destination.
This is also a great app to use when going to out of town football games or other college events!
27. Avoid Eating Out & Find Budget Friendly Meals
As a busy college student, fast food becomes a staple in your diet as it is quick, convenient, and relatively cheap. This comes with several drawbacks such as the foods being unhealthy and becoming expensive over a long period of time.
All of those cheap meals over time will add up and you will quickly realize that you could save hundreds or thousands of dollars a semester by simply cooking at home for the week ahead.
If you are like many college students, you may not have much experience cooking outside of microwaving some Ramen noodles. This can make meal prepping or cooking in general quite intimidating.
Thanks to Big Oven, you can easily find recipes, plan your grocery list, and learn how to use up your leftovers, all from a convenient smartphone app.
This app features over 500,000 recipes to fit any budget style and is an easy way to start to learn how to cook for yourself. Meal prepping can help save you money every day while you get a healthier variety of foods.
28. Earn Money While Walking To Class
Unless you bike to class or are skilled enough to use one of those hover boards that are all the rage, you will most likely be doing a lot of walking in your college career.
While this is great exercise, and you may love to watch your steps increase on your smartwatch, wouldn’t it be nice if you could make money from simply walking?
With a new app called Sweatcoins, you can easily earn money while walking to class. This app works by counting each step that you take which will turn into “Sweatcoins”. This app specific currency can be redeemed for all sorts of discounts and gift cards.
This is a great app to have in combination with many of the above apps to get the most bang for your buck throughout the day.
29. Make Money Selling Your Old Text Books
One of the most dreaded parts of any college student’s life is having to rent or buy textbooks. College textbooks are not cheap and are usually unavoidable by many students.
Once you are done with the semester, these textbooks become basically useless unless you can find someone who is willing to buy them from you.
Bookscouter, an online marketplace for college books, allows you to sell your textbooks for instant cash. By using 42 different buyback vendors, you can easily find a potential buyer to offer you top dollar for your books.
Even better, you can find used books at rock bottom prices to save money at the beginning of your semester. This eliminates the need for you to pay full retail for new books by offering slightly used books for much lower prices.
30. Earn Cash Selling Photos
In this digital age, just about every college student has a smartphone with a camera that takes high quality photos. I am willing to bet just about everyone who owns a camera has some sort of photos on their phone that they are quite proud of. Why not get paid for these photos?
With Clashot, a smartphone app that allows you to sell your photos, college students can make easy, extra money by simply taking photos and uploading them to the app.
This app connects photographers with potential buyers to help you get money for these quality photos. If you are going to be taking photos, why not make money off of them? You can easily turn this into a little side hustle by snapping photos everywhere you go.
31. Don’t Live Alone
Embrace this lifestyle.
It’s a great way to save money.
You can split the rent, split the utilities, food cost, and more.
I was watching a video recently where this millennial described how she paid off $40,000 in a year, following her graduation.
One of her tricks was living with roommates.
She even went a step further and got a roommate for her room.
So she paid a whopping $250/month, which is truly unheard of for rent.
She continued this way of living after college, which allowed her to save heaps of money.
If you’re up for going the extra mile, you might want to take a look at these extreme ways to save money.
32. Don’t Eat Out
This one is a no-brainer.
Eating out is expensive.
It is a lot more cost-effective to cook at home.
This one can be tough to navigate with a busy college lifestyle but if you truly want to save money in college, you’ve got to do it.
Here are some ideas to help you save on food costs in college:
- Meal Prep
- Pack Snacks
- Cook in batches
- Freezer cook
- Crockpot cook
- Cook family style
- Split food costs with roommates/friends
Meal Prep for Saving Money
Meal prep means preparing your meals in advance.
This saves time and saves money.
This is how I do it in my household.
Every Sunday is meal prep day.
I do grocery shopping the day before usually so, Sunday, the house is stocked with all the ingredients to start prepping meals.
After that I’ll crank out 4 to 5 meals, cook them, and store in meal prep containers for easy lunches and dinners all week long.
I also prep snacks.
This means portioning out and packing snacks for the whole house.
Meal Prep Ideas for Lunches/Dinners
- Turkey Taco Lunch Bowls
- Honey Sesame Chicken
- Chicken Fajita Lunch Bowls
- Grilled Veggies and Black Beans
Meal Prep Ideas for Snacks
- Trail mix
- Fruit/yogurt parfaits
Here’s how to start meal prepping for beginners:
Step 1: Plan out your meal
This means picking your menu for the week, making a grocery list of all ingredients, making sure to survey your kitchen stock first so you don’t overbuy then, do your grocery shopping trip.
Step 2: Buy the ingredients
Go to the grocery store, list in hand and buy your supplies.
Don’t shop hungry.
Don’t shop if you’re in a cranky mood.
Make sure you have enough time.
Shop alone, if it helps you.
Give yourself a reward for doing the grocery trip.
If you’re like me, you hate grocery shopping.
Any time I have to do something I don’t want to, I attach a small reward at the end of it, as motivation to help me through that task.
Like, a small ice cream cone or a Starbucks coffee, a hot bath, going to bed early (yes this is a treat), and more.
Step 3: Start Cooking
This might feel overwhelming.
You will likely be cooking multiple meals at once.
If you’re doing this right, it’ll take a few hours to make a handful of meals for the week.
Step 4: Prep It
Once all meals are cooked, next you will portion out meals into individual servings.
You can use meal prep containers like these ones and store them easily in your fridge.
When you’re hungry, grab a container and you’re good to go!
Recommended reading: 10 Meal Prepping Tips for Beginners
Packing Snacks So You Never Go Hungry
This is a big help that is often forgotten.
Pack snacks for yourself.
Buy snacks in big batches.
You will save the most money if you are a member of a warehouse store like Sam’s Club or Costco.
Portion out the snacks into individual servings and have one or two on hand always in your purse, bag, or backpack so if you’re hungry, you won’t be tempted to buy food on the go because you’ll have your own!
Mastering the Art of Batch Cooking
You will fall in love with batch cooking!
It goes hand in hand with meal prep.
Whether or not you decide to pursue meal prep, batch cooking is still a money saving strategy you should use always.
You cook all your meals at once and eat them all week long.
This means you don’t have to cook new meals daily.
You won’t have to worry about cooking hungry.
When you’re ready to eat, there’s no waiting, you’ll have a prepared meal ready and on hand.
Freezer Cooking to Save Time
Freezer cooking means you’ll be cooking food for the purpose of freezing so you’ll have cooked food ready and frozen, ready to reheat and eat, right away.
Resources for freezer cooking:
Crockpot Cooking for Easy Homestyle Eating
Crockpot cooking is cooking your food in a crockpot.
You’ll get delicious, homestyle-tasting food that will make you drool.
Crockpot cooking is not just for the winter season.
Enjoy crockpot food all year long.
Why Do People Love Crockpot Cooking?
It’s easy, fun, and requires little work.
You basically just throw all your ingredients into a pot, set the time and let it cook.
A lot of working professionals will start their crockpot in the morning, at the start of their day, go to work and when they return home, they have a pot of hot food ready and waiting for them to eat.
Here’s how you do it:
First, invest in a good crockpot.
You’ll want to make sure it’s a good size, big enough to feed you and your family (or roommates).
Make sure it has different heat settings (like low, medium, high) and if you have one that has a timer, that’s a bonus!
Next, plan out your meals.
Make sure you have all ingredients on hand.
Then, follow the instructions and cook your meals.
This is perfect to pair with meal prep, batch cooking and/or freezer cooking, too!
Cooking Family Style Saves Money
Cooking family style is a great way to save.
Cook a big meal for your entire house (family or roommates), eat, and enjoy!
Try circulating this task with all your roommates.
Split the costs of the meal for even more savings.
Splitting Food Costs to Drastically Reduce Your Food Budget
If you are living with a roommate, split food costs.
This is much cheaper than buying your own food.
Give this a try.
You don’t have to live like a broke college student to save money.
And, you don’t have to wait until after graduation before you start your savings journey.
Saving in college comes with so many perks including helping you live a more fruitful lifestyle, feel secure in your purchase and money decisions, pay for school while attending, minimize and eliminate debt, and save for the future.
Living a More Fruitful Lifestyle
You can live more fruitfully while saving?
Yes, you can!
Saving does not mean you have to go without.
You are just making wiser decisions with your money.
And saving in college means you can grow your savings account, save for big purchases like a car or vacation, and more!
Feel Secure in Purchase Decisions
Feel confident, secure, and good about your spending habits.
You are paving your way through the financial world and learning from your experiences.
When it comes to money, peace of mind is everything.
Nothing beats feeling confident about your money situation.
Pay For School While Still Attending
This is a goal many people have and a lot of folks reach that achievement.
How cool would it be to fully pay for your studies before you graduate.
It can be done and saving is something that will help get you there.
Minimizing and Eliminating Debt
Lastly, saving in college means you can minimize and/or eliminate your debts:
- Auto loan
- School loans
- Credit card debt
- And, more!
Knocking down your debt while still in school is an amazing way to get a good leg up after you graduate.
You do NOT want to be strapped with debt as a new graduate and starting to save money while in college will you aid in helping you meet that goal.
Lets recap these 12 money-saving strategies to save money in college:
- Bringing your student I.D. with you everywhere
- Be smart with credit cards
- Live with others (family or roommates)
- Avoid eating out
- Get a job or side hustle
- Keep stress to a minimum
- Watch your spending habits
- Take advantage of campus perks
- Cook at home
- Embrace free activities
- Study and get good grades
- Buy used when you can
There ya go!
What are some ways on how to save money in college that you’ve come up with?