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 Tips for Budgeting Effectively in  



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Tips for Budgeting Effectively in College

Apart from tuition and books, living away from home during college can be expensive. As a student, you should develop a budget and stick to it. College life can still be fun and manageable if you are careful and smart with your money.


Food

You may find that your biggest expense while going to school is actually food, which costs more than anything. First year college students who live on campus are generally required to purchase a meal plan. If you are forced to pay for it, then you should definitely take advantage of it! Why pay for food when it is already paid for?

The next best thing you can do is to get a small refrigerator and buy your own food. If you eat a lot of snack foods, buy them in bulk versus the convenience store or vending machine. Those of you who enjoy coffee and bottled water can also buy that in bulk. Buying a $3 cup of coffee and a $1 bottle of water can be very expensive on a Writingassignment daily basis. Learn to cook simple meals on your hot plate in your dorm room. If you can boil water, then you can cook a lot of simple meals. Plan to go to the grocery store once a week and stick to your list. Don’t waste money on extras that you don’t really need.

Get a Job

College life is not cheap and many parents are surprised at how expensive it is for students to live on their own – even in a dorm room. Many students will have to get a part time job while they are attending school to pay for the necessities and food that they need on a daily basis. This will make a dramatic difference in the cost of living while at college.

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