Tips on Saving Money
- How can I save money as a college student?
As a college student, every dollar counts. Be smart about what you spend money on, and always ask yourself, "Is there a way I can do what I want to do by spending less?" You are likely to find out that in many cases, the answer is Yes.
- How can I stop overspending?
You may not be able to increase your income immediately, but you can always tackle your expenses. If you are spending too much, first identify where you are spending your money. Is it on gas? Is it on clothes? Once you identify WHERE you are spending money, you can develop strategies on how to spend less.
- How can I save money on gas?
The most obvious ways to save on gas are to drive less, share rides with family and friends, use public transportation, and consolidate multiple trips into one. You can also save money on gas by making your car more efficient by removing unnecessary items from the car and trunk that may be weighing the car down. The excess weight causes your car to use more gas. You can also look for the cheapest gas stations in your area on sites like aaa.com.
- How can I save money on car insurance?
There are certain things that are in your control -- such as driving safely, avoiding tickets, and avoiding accidents. A good driving record will keep your rates lower. There are other things you can't control -- your driving history, your age, your type of car (after you have purchased it). Shop around on the web for the best pricing.
- How can I save money on groceries?
There are many ways to save on groceries. Often free newspapers have coupons on the weekends that can help you save money. Sign up for a preferred shopper card at the grocery store to take advantage of discounts. Don't buy things simply because they are on sale. Buy items you need, especially when those items are on sale. You might also consider buying essentials -- like soap, detergent, and toilet paper -- in bulk so that the cost per piece is lower.
- How can I save money on food and still eat healthy?
Often times, the least expensive food is the worst for your long-term health. Think of fast food. However, some of the best food for you is also the cheapest. Think of fresh fruits and vegetables, water, and salads. Eating inexpensively -- but healthy -- is a worthy goal that will serve you well in the long-run.
- How can I save money on lunch?
Making a sandwich at home with ingredients from the grocery store is a lot less expensive than buying a lunch everyday. And there's a good chance it will be healthier too!
- How can I save on coffee?
Do you like to drink coffee? Do you have a favorite coffee shop that you stop by regularly? Think for a minute how much money you spend weekly on coffee, and then think about how much money you could save by buying a coffee maker and making coffee at home. The savings will be staggering.
- How can I save money on water?
Bottles of water can cost between $1-2 a piece. If you buy one a day, you could easily spend $300-$400 a year on water. You can save a lot of money buy buying your own reusable bottle or canteen, and possibly a water filter like a BRITA, and filling up your water at home.
- How can I save money on rent?
You might consider living at home with family members if possible or living with roommates to save money.