College helps in feeding you with the fundamentals of money management and savings – who wants to graduate with a humongous amount of debt suspended on their head! But to save right, you need to lay the groundwork well – be smart with budgeting and curb unwanted, expensive habits to fight the demons of debts. Watch out these 4 handy tips that will help you on your great endeavor of SAVINGS:
Decided to give the frugal life a shot? Budgeting becomes a savior. Write down all your monthly income sources, including pocket money, savings, rewards and what not, and then calculate an estimated expense you might spend during the month. Planning in prior helps!
Do you really need to give your clothes to the laundry every week? Is it a need or a want? Or how much you are likely to spend on a romantic date with your special one? The more you spend your time on campus, the better you get to distinguish between your wants and needs.
If you go by the survey, you would find 70% of undergrad students carry at least one credit card. Though college is a great time to build one’s credit portfolio, like getting an accommodation, buying a bike or even landing on a good job, it accrues a massive amount of debt, if not paid enough attention.
The latest edition of that biology book is out and your teacher wants you to buy that immediately. But this prompt buying session may pose a trouble in the lives of students living on a tight budget. So, better borrow secondhand books from college seniors or download iBooks from Kindle or something. Providence is needful at times!
Now that you know the tricks, it’s time to implement them. To spice it up, get your hands on YUP Card-a privilege student’s discount card to enjoy multiple restaurant coupons Delhi at fabulous discounted prices.
