When people talk about the college experience, a few of the things they probably have in mind are partying, late night study sessions, and meeting lots of new and interesting people. However, on top of all of that is something else even more fundamental to the college experience: debt. That’s right. College is expensive! Not only does it a cost a lot, but it seems to be getting even more expensive every year. Tuition isn’t the only thing that you’ve got to worry about, either. You need to be quite concerned with how much you’re spending in other areas. How can you manage to avoid racking up insane amounts of debt while still enjoying your college experience?
The key is going to be controlling your costs in a number of different areas. Unless you can keep a handle on those, you’re not going to be able to hang onto your money for very long. You’ll soon find that you have to take out more loans or go to ask mom and dad for more cash! That’s not the situation you want to be in. This article is here to help you out. Let’s take a look at what you need to do in order to avoid early financial ruin.
Quit Eating Fast Food All the Time
We understand that part of the college experience is eating a ton of crappy, junky food. That stuff tastes delicious, especially when you’ve had a bit to drink! However, the more that you rely on fast food for your entire diet, the more trouble you’re going to have. Not only in terms of your health, but also in terms of your bank account! Think about it: that food costs a lot more than what it would cost you to prepare your own meals. Quit eating out so much and start cooking in your dorm or apartment. You’ll be able to save a ton of money that way.
Stop Buying New Textbooks From the School
Every student needs to stay up on the textbooks that they need for class. However, that doesn’t mean that you need to head on down to your university bookstore every time you need to buy a book! They’re only going to sell you overpriced new textbooks. Even their “used” books cost way too much money. Skip the links and go home to get on the Internet instead. There are tons of booksellers online that will get you those texts on the cheap. You can save a bundle every single semester just by buying your books over the Internet!
Use Public Transit to Get AroundHaving your own car is fun and all, but it also costs a lot of money. Not only do you have to pay for insurance every month, but you also have to pay for gas. That stuff is expensive! If you’re driving everywhere, you’re probably going to be wasting a ton of money on gas. Cut that out. Chances are, public transit will do just fine at getting you where you need to go. Take a look at the bus schedules and buy a fare pass that will last you for a while. It’ll be a much simpler and cheaper way to get around town.
Partying is a Waste of Time and Money
Going out to bars and getting wasted might be seen as a big part of the college experience, but it’s also a huge money pit. Every time you go out to party, you’re potentially wasting tens or even hundreds of dollars. That’s rent and food money! Quit throwing it away on experiences that you won’t even remember in thirty years anyway. It isn’t worth it. Instead, save your money so that you can enjoy activities which will leave more lasting memories. You don’t need to black out to be able to see that this is a good idea!