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?