How to Budget as a College Student
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*THREAD*
*THREAD*
1.) Actually create a budget.
This seems self-explanatory, but it needs to be said anyway.
Do a deep dive into your finances. How much money do you have coming in every week/month? What are you spending your money on that you need vs don& #39;t need?
This seems self-explanatory, but it needs to be said anyway.
Do a deep dive into your finances. How much money do you have coming in every week/month? What are you spending your money on that you need vs don& #39;t need?
What are some non-essentials that you can afford to keep spending money on, and which ones are only a burden to your finances?
Be as detailed and as honest with yourself as possible!
Be as detailed and as honest with yourself as possible!
2.) Use cash for majority of your purchases.
Although we& #39;ve entered a very electronically-run society, using cash can help you cut your spending habits drastically.
Yeah, you& #39;re spending money when you use your card, but something about swiping makes money seem limitless.
Although we& #39;ve entered a very electronically-run society, using cash can help you cut your spending habits drastically.
Yeah, you& #39;re spending money when you use your card, but something about swiping makes money seem limitless.
However, having the money actually leave your hands can make you much more aware of what you& #39;re spending in the moment, causing you to spend less!
3.) Take advantage of shared subscriptions.
Almost all of us have a couple of family members or friends that have an Amazon, Spotify, Netflix, or other paid account.
Sharing these accounts can make a small but mighty difference when it comes to saving a few extra dollars.
Almost all of us have a couple of family members or friends that have an Amazon, Spotify, Netflix, or other paid account.
Sharing these accounts can make a small but mighty difference when it comes to saving a few extra dollars.
If you& #39;re someone who maybe doesn& #39;t have a lot of loved ones who use these platforms, try making use of student discounts!
Usually, these platforms have an option for you to use your school email and get money off go your subscription plan.
Usually, these platforms have an option for you to use your school email and get money off go your subscription plan.
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To check out two additional tips, read this blog post and join the email list for equally helpful content!