Being a student is much extremely expensive than it should be. Your studies mean that you are unable to work full time, but they cost thousands of dollars a year – thanks to textbooks, tuition and more! That’s making it difficult to handle, let alone save it as a student. The good news is that there are a few easy ways students can spend less, earn money, but still have a nice life. This post lists how to save money as a student in different ways. College is likely to be the very first time living away from home, and with all that new-found freedom, combined with a lump sum of cash deposited into the bank account at the beginning of the year, there comes the urge to spend your money just as you want. We don’t even have to remind you though that this is a bad idea.

University is expensive and there are endless opportunities to spend your hard-earned income or student loans. By making some small changes today, you can save yourself a lot of money over time. While it definitely isn’t an easy path, surviving on a student budget is, of course, entirely feasible – all it takes is some financial savings. To help you see yourself during the academic year, here are some easy peasy ways to save money as a student.

Credit cards aren’t as cool as they would seem

You will apply for another form of debt when you turn 18 – a credit card. A credit card means that you simply borrow money from the bank and plan to repay it at the end of the cycle. When you’re studying, credit cards are better avoided – if you don’t have a salary, you’ll really struggle to repay the debts. This means that the interest will rapidly build up, leaving you owing to serious cash.

Get Student Discount

One of the biggest perks of being a student is the sheer amount of discounts and student incentives that are on offer to you from an abundance of retailers. Get to know which high street stores offer the biggest discounts and you can save money on all of your essentials, such as study materials, clothes, food, toiletries and more. Getting to know your student discounts could save you a fortune!

Buy second-hand books

If you’ve been given a long list of books you’ll need to read as part of your course, the first thing you need to do is review which books you’ll need to purchase now, and which ones you can look at later. Find out if any necessary books are available for borrowing in your library, or if related sections are available for free download online. If none of those efforts bear fruit, try to find them second hand.

Work hard, play hard!

Have a part-time job. While going to school you might think it’s impossible to function, but you’d be wrong! About 4 out of 5 college students work part-time while attending college / university, according to The Huffington Post.Take surveys online. These are provided by some websites and you might earn extra cash, gift cards or even airline miles!

Don’t have a car on campus? Just because you’re allowed to have a car after your fresher’s year doesn’t mean you need one. Try taking the bus or asking for rides from friends. Gas these days is too expensive to spend money on it before you absolutely have to.

Avoid impulse buying.

Most college students have a limited income, so it’s very important that they watch their spending to avoid financial pitfalls. In fact, most of us, college student or not, are tempted throughout our day-to-day lives to make impulse purchases of things we simply don’t need and often can’t afford. But being a full-time student puts an even tighter noose around our pocketbooks, However, by incorporating some simple, money-saving strategies throughout the school year, even college students on a limited income can find themselves spending less money.

Check around to get the cheapest student account

Every year, banks are providing a variety of enticing incentives to draw students. Before diving head-first into the first deal you see, make sure to make an effort to find out and compare the best student bank accounts on the market. An interest-free overdraft will definitely be one of the main goals when choosing your student bank account should be an interest-free overdraft – having one makes for a reliable back-up when faced with any sudden, unexpected or emergency costs.

Stick to your budget

Take out the amount of cash you need for the week and leave your debit card at home in a safe place, not in your pocket. It’s easy to reach into your wallet and grab a dollar or two for a cup of coffee or a scone but, at the end of the month, these small purchases will add up to big problems with your budget.

Trick yourself into saving

Create a budget. One of the best pieces of advice we can give anyone trying to reduce their spending is to create a budget and stick to it! We often don’t realize just how much money we need every month to cover our basic living expenses until we actually take some time to write them down. Click to learn more about creating a budget.

Leave your credit cards back at home. If you’re going somewhere with your friends where you’re going to be tempted to spend more than you should, make it hard to get access to your money. That way, when you see the new pair of shoes, you ‘re not going  to spend money you really shouldn’t spend. Walk away from impulse purchases. We can’t stress this one enough. Buying items on impulse can really hurt your budget and your ability to save money. To stop making an impulse buy, take a day or two to think about it. If you really decide to want the object, make sure you’ve got the money to pay for it and don’t put it on your credit card.