We all know that college is expensive. We are talking extremely expensive. There is tuition, books, room and board, food…….and it all adds up very quickly! Check out these tips to help you (and your student) save where you can!
Books. Instead of paying premium prices at the bookstore, head to Bookrenter or other online sites and simply rent the books. You can also look into downloading ebook versions as well at a fraction of the cost. You can find new, used, rental and even ETextbooks at Amazon as well!!
Live at home if you can. I know, that might sound pretty extreme, but hear me out. Don’t live there rent free. Perhaps you (or your student) could offer to cover the electric or gas bill. That helps mom and dad and also sets the wheels in motion for responsible living once college is over.
Avoid credit cards. That sounds so simple to do, but it can be difficult for many students. Companies and stores are always waving these offers in front of you, taunting you with rewards and deals. Sure, they might help pay for that pizza you want at midnight and have not case. However, they can easily pull you in and make you graduate under not only a mountain of college loan debt, but also credit card debt. Adopt the mantra – cash or nothing.
Watch for organization fees. College is about forging friendships and networking. While it can be great to join sororities, fraternities and other groups, but they can cost money. Look for those with little to no membership fees. You can still get involved and make friends and not spend a fortune.
Plan some evenings in. When you want to hang out with your friends, try renting a moving and ordering in a pizza. It is much less expensive than going to the theater followed by burgers and drinks. Not only that – you can all easily split the cost which saves you even more!