In college most people follow the stereotype of “broke college student”, and if you are like me then you know that being broke in college is not all fun and games. Below are some ways that can help you to get past those “broke college student” ways.
- Saving money: when you have a job you will likely get paid every two weeks or so, it is important to pay yourself first and save a portion of that paycheck. This will eventually add up and can be switched into an emergency fund to be used for unexpected expenses.
- Budgeting: Whenever you get a paycheck it is important to make sure that every dollar you get has a job. This means that you will be able to control where your money goes and not go over the amount you had planned to spend.
- Being frugal: When you are in college it is really important to be frugal with the money that you do have to spend. When you are making a purchase be sure to look at the different options available and make sure you pick the one that gives you the most for your money.
All in all Monarchs it is important that you follow these tips and tricks to get out of the “broke college student” lifestyle. Also, there is a plethora of information online about ways to grow your wealth as a college student and ways to make your cost of living go down!
