When it comes to maximizing every dollar, then this article is for you. With a simple and well-planned change in your way of budgeting, you can save a bundle of cash right now.
Campus life is just an experience of its own. There is so much to be done, but the wallet fails you. Weekends are the worst; it’s like everyone has something fascinating to do except for you.
The spoilt kids hang out at exquisite joints while you struggle to survive. Dad says he can’t send more cash until the end month and mum’s payday is nowhere near. You have to figure a way out.
Thankfully, tech nerds have addressed this need by creating money-saving apps. Many young adults have smartphones; downloading those apps isn’t a biggie.
How are they advantageous? Financial management is an invaluable life skill. You arrange priorities so that the most significant bills are settled, even retaining extra in case of an emergency.
For instance, when you’ll have a family, will you be on a drinking spree with buddies while the children lack food? Also, one learns how to maximize the cash, whether meager or abundant.
So which are these tech innovations that salvage your coins? The following are the 6 things you should do to make sure that you don’t spend too much when you get to college:
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Groupon
Are you a bargain hunter? Then this app is a must-have. By using this platform, get up to 70% off for specific products or services.
This company is popular for its coupons and codes that make consumers eligible for discounts. The prices for goods are less in comparison to stores; hence one saves money.
Specific eateries and shops could be recommended by the app so that you can have less trouble in figuring out which is an affordable café.
Ibotta
This company has partnered with over 250 retailers to enhance the shopping experience as well as saving funds. These include convenience stores and online platforms in the likes of Amazon.
Earning points is as easy as using the app during purchases. All you need to do is save the coupon on the phone and then buy the products and scan receipts as proof.
Alternatively, why not enroll in royalty offers for businesses linked to Ibotta? This also increases your points. Eventually, you might get your money back.
Those few simple steps could have a significant effect on your finance. Try it and see whether things will improve.
GasBuddy
Have you ever woken up to the news of the increased fuel prices? Being an important commodity, some businessmen seize the opportunity and hike prices.
As a campus student, it might not be necessary to own a car. Nonetheless, if you drive to school, that’s an added expense. This is where GasBuddy comes to your rescue.
The app locates nearby gas stations that are affordable. The search is refined such that it’s possible to select your preferred service provider, mode of payment and fuel type.
Are you an adventurous person? GasBuddy calculates an estimate of the amount of fuel to be consumed when on thrilling trips. This is of great help during budgeting.
Coupons.com
This is a platform whereby individuals get printable discounts. From groceries to beverages and household items, just enter the required information in the displayed fields.
Getting some bucks off during sales undoubtedly adds weight to Mr. Piggy bank.
OfferUp
Many sellers are aware of students’ spending habits. That’s why they’ll set up near campuses. The proximity of service providers makes it easy for them to be located by consumers.
OfferUp links the customers to sellers. When in need of certain items, browse the catalog and view available business selling the goods.
After selecting the preferred one, contact them, and ask for deliveries at designated meeting points. Using the app enables you to compare prices so that you can get quality products at lower prices.
Honey
With access to thousands of websites, searching for affordable prices of goods just got simpler. Results come at lightning speed showing how different companies have priced their merchandise.
As you navigate through the pages, look out for coupons that guarantee price reductions.
Shopping doesn’t have to be stressful if Honey is available. Amazon shoppers will benefit since Honey works closely with this famous e-store.
More Tips to Make Sure That You Don’t Spend Too Much When You Get to College:
1. Have a Tight Budget
It is important to make sure that you stick to your strict budget. Most students (especially first-timers) have a tendency to stretch themselves to meet their needs.
When this happens, they are left with no room for any more expenses and, consequently, no allowance for anything else.
This could be very detrimental to your school’s success, so make sure to learn to limit yourself from now on.
2. Know How You Can Save
You should have a clear idea of how you will use your money in college. You can always use the money you get from loans to start up your own business or even save your child’s education.
At the same time, you should set aside money for unexpected occurrences like a car accident or medical emergency.
Knowing how you will be spending your money will guide you in learning how much to allocate for your classes.
3. Make Your Dormitory a Green One.
If you want to minimize your electricity consumption, invest in an energy-efficient light fixture. It is easier to control, but it also reduces the amount of electrical energy used by your room.
Another useful money-saving apps for university students is to replace incandescent bulbs with compact fluorescent bulbs. These bulbs last up to 40 years when used as regular light fixtures.
They are much more affordable than standard incandescent bulbs and will have little to no effect on the air around your room.
As you can see, there are many useful features that these apps for university students offer, and they are all relatively inexpensive.
You don’t have to spend a huge amount of money just to make sure that your students can handle their finances appropriately.
It takes you to get a little creative and implement the most effective money Saving Apps for University Students right away. It will definitely help simplify their financial plans without compromising their security.
Summary
Parents being the major providers of upkeep money, students look for ways to get more for less. To learn more saving traits while in school, check Bugis Credit.
Even spend-thrifts feel the crunch when all their money is depleted and the semester is barely halfway. Proper management of funds will help you avoid stressors like debts as you try to live beyond your means.
Innovative products such as money-saving apps are useful not only as a student but also in after-school life. Instead of bugging your parents all the time, why don’t you be smart and start using these apps?
