5 Easy Tips To Save Freshman Year of College
You made it! After all the planning and savings, your kid is packing up for college. As planning becomes reality, there may be quite a few unexpected costs coming your way.
Here are 5 easy tips to help you save money for your freshman and beyond.
No need to stand in line at the campus bookstore. You can save up to 90% by renting the same textbooks. Grab your syllabi and grab textbooks for less on Chegg.com. Not only will you save money, you can take advantage of a free trial for Chegg Study to ensure your child’s semester is a successful one. Your student will benefit from expert Q&A specific to his/her textbook. Get your free trial here.
Review Meal Plans
Campuses offer affordable meal plans for the cafeteria but will your student use them. Have a picky eater? You may save money if your student can cook basic meals off the hot plate.
Ditch the car
I know this may break your student’s heart but it may be the best thing for your peace of mind and wallet. Colleges ensure that everything a student truly needs is within walking distance on campus. Not only is this safer, but you save on parking, gas and insurance. (See our 9 reasons to leave your car at home.)
Always ask for student discounts
From stores like J. Crew to movie tickets to local restaurants, you and your student should always be asking for student discounts. You can save up to 20% with a student i.d. Be sure your student is taking full advantage of these discounts.
Create a budget
Now is a great time to teach your student the value of a budget. Many times, the first year of college may also be the first time your child oversees his/her money. Create a budget and discuss the value of tracking weekly. There should be consequences for going outside the budget but also make sure it is realistic. Check out these college-friendly budget apps.
Did we miss any of your tips? Please share in the comments section below.