5 Easy Ways to Save Money For College
If going back to school is on your To Do list, you’re probably wondering how you’ll find money for college. But don’t worry—while going back to college can be expensive, there is plenty of help available.
Federal financial aid, private student loans, and scholarships can all help ease the burden. Plus, there are tons of simple things you can do to find money for college in your budget—even if money is tight.
Did you know your refrigerator could help you find money for college?
If you’re like most Americans, a significant portion of your budget goes to food. But there are lots of little ways you can cut back—and those small contributions can really add up when it comes to finding money for school.
Learn to love those brown bags.
If you routinely eat out, try packing your lunch a few days a week instead. Just think—if your average lunch costs $10, you could save up to $50 a week! That’s $2,600 a year!
Give up the daily latte.
When you’re under a time crunch, it can seem easier to stop at the nearest coffee shop drive thru than to take the time to brew a pot of coffee at home. But at $4 a pop, losing those lattes can add up to a lot of money for college!
Leave the convenience foods at the store.
Those pre-packaged dinners can be a lifesaver when your family’s hungry and you’re out of time. But that convenience comes at a price. Consider investing a few hours on the weekend to making freezer meals—things that you can freeze and defrost whenever you find yourself pressed for time. You’ll be amazed at how fast the savings stack up!
Is money for college hiding in your bills?
It might sound bizarre, but by taking a good look at your monthly bills, you might be able to find ways to save money for college!
Cut the cable cord.
If you’re like most people, you probably spend more than a hundred dollars each month for your cable TV. But there are ways to avoid paying that huge fee. Sign up for a mail order DVD service, or invest in a device that lets you watch Internet-streaming shows right on your TV! You could easily cut your bill in half—if not more! That’s good news for adults going back to school.
Budget your utilities.
By signing up for yearly “budget plans,” you can avoid those $300 heating bills or $400 electric bills. Instead, you’ll pay the same (lower) amount all year long. That could add up to hundreds of extra dollars for college!
These are just a few of the ways you can find money for college—without feeling the sting. If you take a good hard look around you, you’ll probably find plenty more!