Debt-free Graduation: Clever Money Saving Methods

When you started your life at university, you were probably appalled at the amount of money you had to spend in order to get your degree. Sure, it wasn’t money straight out of your pocket as much as the money you’re going to earn in the future – but it’s still going to be a sour amount to pay back.

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That’s why students are increasingly looking for ways to save a bit more while they’re studying and avoid the other debt traps the best they can. It won’t be easy, that’s for sure, but there is a good reason behind the term ‘poor student’.

Put up with being a bit poor for now and live for less so that you can enjoy your working life a lot more when you’ve finally graduated. Here is a handful of excellent ways to live comfortably even though you’re on a strict budget to make the journey a bit easier on you.

First: Have fun for less

Eating, drinking, and going out are definitely the biggest expenses for most students – apart from their accommodation, of course. It can be really tough to decline every offer of going out and having fun, though, and you should certainly budget in a bit of wiggle room for those trips out once in a while.

The secret to putting up with a student life without spending all of your money on drinks and takeaway is to learn how to have fun without spending so much money.

The point is, after all, to hang out with your friends and have a blast together – so why on earth should we have to pay an entrance fee and leave our money behind at those big, greedy takeaway chains?

While it may be the death of fast food if every student followed this advice, you should make a habit out of cooking food together with your crew and having fun together without spending so much money.

Have a look at this article for some more tips, by the way, and make some plans for the weekend right away.

Next: Ditch the car

If you live in a big city, you certainly don’t need a car to get around. While the cost of fuel is high enough, there is also the insurance to pay, those regular car issues to fix, and general maintenance as well which you could have avoided by just relying on public transport.

Not living in a big city, on the other hand, makes it a bit difficult to get by without having a car. You can still make the ownership a bit easier on your bank account, though, by buying it second-hand and making sure that you’re getting one that is low on fuel and that’s known for being durable.

Have a look at these motor trade trends, by the way, so that you know more about the vehicles on the market at the moment. That way, you’ll be a bit more educated before you have to pay up.

By learning to cook food at home and make it delicious without having to spend too much money on it, you’re also taking care of your health. Become familiar with cheaper cuts of meat, fall in love with pasta, get to know herbs and spices in order to make it delicious, and you won’t ever miss that takeaway again.