University is frustratingly expensive, whether you study in school, or online, such as this MSN in administration from Bradley University. It’s made more difficult because you’ll struggle to work without neglecting your studies, and to make university worthwhile, you need to do well. Otherwise, you’re just wasting your money. There are some simple ways to save money while you study. You may still need to take a part time job, but hopefully this will leave you with enough time to focus on being a success and following your dreams.
Planning your meals for the week, and writing a list before you go shopping, can save a lot of money. In fact, food generally is a great place to save as it is one of our biggest expenses. Try cheaper alternatives instead of buying brands, cook all your meals from scratch, and in bulk, freezing extra portions, and avoid eating out where you can.
Save on Bills
Look at your utility bills. Companies don’t often reward loyalty, and you may find you are better off switching. Also, look at things like your phone and internet costs; could you manage with a smaller package?
Switch it Off
Simple things like turning your lights off when you leave a room, switching devices off instead of onto stand by, and washing at a lower temperature can save a lot more than you would imagine over the course of a year. Another great thing to do is turn your thermostat down a degree or two. You probably won’t even notice the difference.
Walking instead of using public transport or driving is a really simple way to save money. It also has the added bonus of keeping you fit and getting you some fresh air. If you want to step the fitness up, why not run or cycle to places instead?
Obviously, to save money, you need to have money. However, saving even small amounts regularly can quickly start to add up. Set up a savings account and an automatic bank transfer of whatever you can afford every week. In no time, you’ll have a small fund to help out in emergencies.
Join the Library
Instead of buying expensive course textbooks, join a library. You’ll also save money when it comes to reading for pleasure.
Buy Second Hand
If you do have to buy books, try second hand first. A lot of students sell their textbooks on eBay when they graduate. Recent graduates are likely to have current, or at least recent additions, but check that it is what you need before bidding. Clothing and homeware are also easy to buy second hand. Charity shops are a great place to start.
Remember to always check to see if you are eligible for any grants, bursaries or scholarships. Many people worry that if they study online, they won’t be able to get any financial assistance. This isn’t the case. Speak to a financial advisor at your school if you aren’t sure, or need any help applying.