It seems unreal to save money while studying in college. Still, you’ve just typed these words into the Google’s search bar and are reading this article at the moment. That means that you believe in such a possibility. And you’re doing right. Set aside any prior opinions you might have about the savings in your situations and you’ll see more opportunities.

1. Develop a realistic budget

Calculate your monthly income and expenses. If you spend more than you have and often borrow some cash, you need either to exclude less important purchases or consider how you can get the needed sum of money.

Stick to your budget. Write down your expenses for a month and see whether your finance plan works.

2. Cook your own food

Given the cost of eating out and ordering in, you’d better save it for special occasions. Learn to cook. Make lunches for yourself in advance. It’s cheaper, healthier, tastier, and just as quick as any food you can buy at the drive-thru.

Find simple and healthy recipes on the net or in the cookbooks. Buy products at the supermarkets offering student discounts. Low-income stores offer cheap and quality groceries.

3. Max out your student discounts

It’s common for companies of all types to offer special rates for students. From tech gear to clothing, you can save on almost anything. Take your student ID wherever you go.

The number of places you can get money off at is seemingly endless. Don’t let all those discounts inspire you to overspend. Remember about your budget.

4. Get a part-time job

Working a few hours a day is a fulfilling way to make a bit of extra money. Try to find an on-campus job. This way, you’ll save on transportation. Working at your school’s library is a nice option. It’s usually quiet in there, so you can write your essay and get paid at the same time. Check all the current vacancies and present your candidacy for those the most appealing.

5. Freelance

This kind of work has the most flexible schedule. You can earn money by tutoring. hires people to tutor students who need help with their homework via the net.

Are you good at academic paper writing? Find a job at the essay writing service like Are you able to design and/or code? You can be a freelance web designer and/or developer. No matter what your skills are, you can make some cash using them.

6. Buy and sell used textbooks

This is a wise way to save on this spending item. Use Amazon and eBay to purchase your textbook at a much cheaper price compared to what you would have to pay for the new prints. This is where you can also sell the textbooks you don’t need.

7. Fix your living situation

Consider house sharing or apartment sharing. Split the cost of rent and utilities between a few people. It can save you a lot of money each month. Choose a responsible roommate you can communicate with. You need someone who will listen to your concerns without starting an argument or giving a dismissive response.

8. Use public transport

While driving a car or a bike may be tempting, gas and parking can pile up into real money. Public transport is your friend while you’re a student.

Many cities have public buses and a subway system with small fees. Besides, your student’s status allows you using some public transportat for a reduced price or even for free. And riding a bike or walking will only keep you fit!

9. Saving on the actual course fees

Visit the financial aid department and find out any scholarships you’re eligible for. If you’re lucky, you’ll be provided with some financial assistance. Even if you're already enrolled, there’s no reason to stop looking for an aid. Many scholarship programs give students the opportunity to apply each semester.

10. Get creative when it comes to your leisure time

Many students take it as going to movies, bars, concerts, and other wallet-draining events. Consider some alternative inexpensive activities:

  • stay at home and practice your hobbies
  • host a video game, movie or poker night with friends
  • plan a weekly basketball game at a local court
  • check Groupon for “Things to Do” in your area, you’ll discover lots of options for $15 or so.


Even if you won’t have some savings after graduation, spending less will reduce the whole sum of money needed for high education. You might pay less than others for your course, living, food, textbooks, and other things. You might avoid getting in student loan debt after college. But the biggest advantage of this approach is that you’ll learn about personal finance. This is something that will be useful for the rest of your life.