Tag Archives: money

Changing Your Spending Habits

Filed under: Money/Budget, Tips - Angelina
Tags: , ,

Loni Gibson Blogger Biography

 

 

 

 

Have you ever wished that you just had a little bit of extra money? Of course you do, and you’re not the only one who has. Especially as a college student, some extra cash could always come in handy.

Changing your spending habits could help you save any extra bit of money in your pocket. The thought of having a larger paycheck or spending money from Mom and Dad might help too, but with more money and your same spending habits, you may still be left wishing you had more.

Hold on to your money with these money saving tips:

1. Track Your Spending

Write down every penny you spend, either in your phone or a notepad, to help you realize where all of your money is going. Then you can go back and eliminate unnecessary costs to help you spend less.

2. Stay In

Who wouldn’t rather go out and have fun than stay inside? Sometimes that is not always an option for your budget. You can have fun staying in too, though. Try having a game night, or inviting some friends over for dinner. Sometimes small gatherings can actually be much better memories – and your wallet will thank you.

3. Prepare Food

We’ve all fallen victim to just simply not having enough time to make lunch to bring to work or school, and then we end up buying it every day. That can add up! Even if you spent just five minutes before bed, you could easily prepare a meal for the next day. Daily habitual spending is hard to let go of, but think of how much money you could keep in your wallet!

Hopefully these tips can help you hold on to some cash for just a little bit longer!

What are some helpful ideas you have on how to limit spending?

View Comment | Add a Comment



Credit Card Craze: Tracking Your Spending

Filed under: College Life, Money/Budget, Tips - Angelina
Tags: , , ,

Angelina Bossone Blogger Biography

 

 

 

 

Now that the holidays are over, hopefully your spending has slowed down or stopped for at least a little while. Now is the time more than ever to remind yourself to be responsible with your money and spending habits. It is so easy, especially as a college student, to habitually buy that morning cup of coffee, that weekly pizza dinner, or those drinks down at the bar with friends. It is easy not to think about how much you are spending when you are swiping a piece of plastic.

Here are a few ideas to help you become aware of your spending:

1. Use Cash – Not Plastic

We live in a world of plastic with debit and credit cards. Debit cards can be dangerous since they are linked directly to your checking account. You may not care about how much you are spending because as long as your spending is below the amount in your account you are good, right? Wrong. Just because you have money in your account doesn’t mean you should spend it. I find that when I use cash instead of plastic, I am more aware of my money. When you physically hand over cash, you can see that it is gone and that it is no longer with you. You can also see that the more you hand over, the more you are spending. And when it’s gone, it’s gone, unlike the plastic which is always there to entice you.

2. Limit Credit Cards

Credit cards can be just as dangerous because you think you have a limit that you can easily pay off later. Credit cards are not the same as debit cards. Credit cards contain no value. I do not use my credit card unless I know I already have that exact amount in my checking account that I can pay off right away. I typically only use my credit card for smaller purchases and use it only once in a while. It is not my first method of payment, and it shouldn’t be yours either.

3. Monthly Budget Sheet

It is a huge benefit to write out your monthly expenses and your monthly income. Write out specific details such as how much you spend per month on groceries, bills, dining, entertainment, saving (yes, this should be included), gas, etc and subtract that total from your monthly income. This helps you become aware of where your money is going each month. You can then see if you spent under or over your monthly limit for each category and determine how well you are managing your income. Tip – use an Excel spreadsheet and put in the calculating formulas so it will automatically do the math for you on what your total expenses and remaining income is.

Money is hard to get these days and can be gone in the blink of an eye! It’s okay to have fun every one in a while, but just be sure you are not getting crazy with those credit cards and are aware of your spending!

What are some ways you track your spending?

Add a Comment



How To Un-Spend From The Holidays

Filed under: Money/Budget, Seasonal Celebrations, Tips - Angelina
Tags: , , , ,

Angelina Bossone Blogger Biography

 

 

 

 

If you are like me, you love to go all out for the holiday season and spoil everyone you love with gifts! Sometimes though, I will admit, I spent much more than I should. I can’t help it though! I want to get things for friends and family that I know they will love. However, there could be a plus side – usually, you can reap on the returns!

Cash is always one of the best gifts to give/receive, especially when you are a college student. And I can usually count on getting cash in some form from at least one person, whether it be from my parents, my grandpa, an aunt, or a brother. Of course I don’t expect it and I appreciate it anything I get from anyone.

If I do end up getting cash for the holidays, it instantly goes into my savings. I know Christmas cash usually means instant shopping spree for that thing you have really been wanting, but by saving it I see it as going towards the gifts I purchased for everyone else!

I then instantly feel better since I feel as though I spent less initially. Saving money is not easy to do, especially this time of the year. However, if you think of incoming money as paying off money you have spent, you will gladly hold on to it rather than spend it.

How do you deal with overspending on the holidays?

Add a Comment



On-Campus Job Hunting

Filed under: College Life, Money/Budget, Tips - Angelina
Tags: , , ,

Sylwia Baran Blogger Biography

 

 

 

 

It is almost time to head back to campus. Now is the best time to start job hunting on campus. The great thing about on-campus jobs is not only that they work around your class schedule, they also are conveniently close! The problem most of us have with finding a job on campus is knowing where to look.

1. The Library

College libraries are most often one of the largest buildings on campus, which typically means that they usually have the most job openings for students. Simply go to your college’s library and ask about job opportunities.

2. College Bookstore

The best time to apply for a job at your college’s bookstore is right before the start of the semester  since that is their busiest time. Although often times the positions are only temporary, it is still a great job for students.

3. Dining Services

If you don’t mind the smell of cafeteria food, this is a popular place for student jobs. There are different positions available in your college’s cafeteria: line servers, dining room attendants, checkers (swipe ID cards), etc.

4. Peer-Tutoring

This is a great job for students who did well in certain classes and would like to tutor others in those subjects. Visit the department in which you’d like to tutor and find out if they need peer-tutors. Not only do you get paid, but you’re also refreshing the material for yourself!

5. Federal Work Study

In order to get a work study job, you have to apply for FAFSA. On the application, indicate that you are interested in work study. Not everyone will qualify for it, but if you qualify for Financial Aid, you will most likely qualify for work study. Call your Financial Aid Office on campus to find out if you qualify and how to apply for a job.

The best time to apply for these jobs is early August and/or early January. This is the time in which there are the most job openings. Also check out local shops, restaurants, or gyms.

Tip: If applying in person, always have your class schedule printed out with you. Since on-campus jobs work around your schedule, they like to see your schedule along with your application. 

Have you ever worked on campus before? Tell us about your experience below!

Add a Comment



3 Ways To Cut Down On Spending

Filed under: Money/Budget, Tips - Angelina
Tags: , , ,

Bailey Buckingham Blogger Biography

 

 

 

Summer is coming to an end and you are probably wondering where all of your money went. It’s alright, everyone goes through the summer spending frenzy. I have a few tips on how to get back on track as the new school year and classes are about to begin.

1. Write Out A List Of Bills

This may seem monotonous, but with all the paperless billing and everything being an auto-debit these days, it’s easy to forget how much of your money you are spending. Take a few minutes to sit down and think about all the bills that go out, the average cost of each one, and the date that they go out. When you write it, it gives you a better idea of what time of when your bills are and how much you are spending.

2. Use Cash

It’s so much easier to spend money when you are swiping that plastic card and not physically handing over your money. I have started to figure out a budget for myself per week. I go to the ATM and only use that cash when I’m paying for things. I always have my card for emergencies, but it is so much easier to keep track of what I’m spending.

3. Out With The Old

There are so many consignment shops that will take your old clothes and give you cash right on the spot. I have done it a few times with outfits that I haven’t worn in months, and I knew I probably would’t ever again. This helps me save space and get a bit of my money back for those unused items. A lot of places will take shoes, jewelry, scarves, anything you have in your closet!

These are just a few ways that I have gotten back on track each year after a full summer of spending! Hopefully some of these will work for you! What do you like to do to track and cut down on spending?

Add a Comment