Financial Management Tips For Students On Campus

Students in the higher institutions are always whining about
being "broke", "cashless" and the rest. And then, one would
wonder what keeps creeping into the pockets and purses and
parting with their money.
Leaving without parents and guidance in school may not be
easy especially when one is a spendthrift. Few weeks from
resumption, accounts are on minus and
debts are increasing.
I bring to you, money management tips you need as a student.
-LEARN HOW TO BUDGET: Put down what you need. If you
can do without it, rule it out
brother.
-OPEN A BANK ACCOUNT: Trust me, bank
accounts make people save. No one will
ever want his/her bank account to be dry.
-LEARN HOW TO COOK: Eating out takes a lot of money. As a
student, you should not lead
an expensive life except of course your parents give you all of
all their salaries.
Learning to cook will keep you out of joints and eatries. This is
a major way of saving money as a student.
-BUY IN BULK: Buy your ingredients, food stuffs, toiletries,
beverages in bulk and you
will definitely have some discount.
-TAKE ADVANTAGE OF YOUR STUDENT ID CARD:
Many ventures give discounts to students on presentation of
their ID cards. What on earth stops you from carting your ID
with you? What stops you from demanding a discount as
student?
-BUY SECOND HAND CLOTHES: Don't crucify me! Yes, you
can purchase second-hand
clothes. It does not kill, it's just being frugal.
When your wardrobe gets drab and you have just little, make
use the available. They can be fashionable.
-SELL YOUR HOBBY: If you love washing
clothes (it can be a hobby), let other students pay you to wash
their clothes, If you love writing, let them pay you to write, if
you love singing, let them pay you to perform at their parties.
-GET SKILLFUL FRIENDS: Your friends should not be totally
useless. Have friends that are
skilled in braiding, cutting hair and the rest of them.
Complement them, get them to do thing for free.
MSN