Saving money and cutting corners while in college

August 20, 2012

As a student, you know how difficult it can be to live on a budget, even with online scholarships helping you curb the cost of tuition. While you might be able to make up for the money lost in the future with a degree and a high salary job, you may need to find ways to pinch pennies sooner rather than later.

There are many ways that you can save money while you're in school rather than relying on college scholarships. The Federal Student Aid website recommends commuting to your campus rather than living at school. Doing so can save you thousands of dollars each year on housing costs.

Another way to save cash while you're earning your degree is to buy items used. Whether it's textbooks or furniture for your living space, going for used items instead of new can help you keep money in your wallet.

Finally, make it a point to shop smart at the grocery store and everywhere in between. Buy generic brands and opt for making dinner on campus rather than going out, which can save you a boatload of cash each week.

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