College is one of the most interesting parts of one’s life. Friends, parties, road trips just to mention a few. Most higher education students live a cheap and expensive life at the same time, and this ends up not so well for most of them. If you are one of these students, and you want to take charge of your personal finance, then read on
Keepan eye on your bank account…literally.
Do you know those mornings after a long night out of spending and having fun that you are afraid of looking at your bank account? I know you do. This is one of the mistakes that most students do. While your out, keep an eye on what things actually cost, and once in a while check
2. Order most things in bulk
Of course, this only applies to certain things. We don’t mean order your pizza in bulk. But for stuff like alcohol, it is much cheaper to order in bulk since most times you get a discount. I know of a friend who used to do this, and believe it or not, he saved big while at school, and he always had drinks in his dorm. That’s still a plus.
3. Always plan ahead..when you can.
Planning is as important as saving. As the saying goes, if you don’t plan, you plan to fail. Try
4. Give yourself some slack.
Saving can be a bit daunting
5. Watch the friends that you keep.
This is not so much on savings and finances but more of a general rule of life. One wise guy once said, if you hang out with four broke guys, you will be the fifth. The friends you keep are very important. Surround yourself with supportive, uplifting, successful and focused people. This will make you want to be like them, and in this way you get all the good traits. If you hang out with drug dealers, you will end up on that path one way or another. So, choose your friends very wisely.
6. Read more
This one is a tough one for those who don’t like reading. Try read at least a book or two every six months. You will learn a thing or two.
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