I cringe every time I watch my bank statement go down. Money, funds and bills are scary things! As students, calculating what we spend our money on isn’t an easy task. Many of us have an enormous amount of things to pay for- college, books, gas, rent, car payments, food, clothes, etc. The Wu Tang Clan was right when they said “Cash rules everything around me.”
I have a peculiar obsession with “stretching a dollar;” I’ve been called frugal many times- which I consider a compliment. But still, I feel guilty when I spend money on things I’d survive without-like getting my hair highlighted (robbery!). To make up for some of the fun (but unnecessary) things I spend my money on, I go to great lengths attempting to save money in an effective way.
You don’t have to be cheap to be smart with money. Us college students can save an extra dime without sacrificing quality, and without sacrificing(too many) guilty pleasures.
1. Technology, man!
Yes, I AM that person who follows CVS, Amazon.com, and local grocery stores on Twitter. I don’t do this for laughs- I do it because they tweet discounts on a daily basis, and let’s confess that we’re all online more than we’d like to admit, so these savings will be on your brain- leaving you the hassle of remembering discounts.
2. There’s an APP for that-
Although I’m that weird college student you know who gets the free phone whenever it’s time for an upgrade, most of you have iPhones, Droids,etc. Lucky you, savings-wise: The ShopSavvy app will scan barcodes on certain products, providing pricing information and even locations with better prices This app is SO worth it that I’m jealous that my phone is from the Middle Ages and not 2012.
3. A little goes a long way.
Having a savings account is not only a potential life-saver, it’s also far less complex than it sounds. Anytime you receive funds (get a paycheck, $ gift, etc), just set aside a small amount each time and put in savings. It adds up.
I hope these ideas can help you with saving money. Remember, life is unpredictable, and saving money is much less painful than (dare I say it?) getting over your head in debt.
How do YOU save cash? Do you use any finance apps? Have you ever used social media to keep in touch with your favorite store?
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