13 Back-to-school Tips for College Students

As back to school season approaches, parents and students need to be prepared for the challenge of budgeting and saving money. Take a look at these 20 saving tips for students in college:

  1. Buy from the manufacturer. If you plan to buy a computer or laptop for college, it’s a good idea to buy directly from the manufacturing company to get the best price.
  2. Don’t forget to negotiate. Take advantage of your status as a student to get a lower rate. It’s always worth a try to ask for a discount as many merchants are willing to give a special price for students.
  3. Check your inventory. As soon as you receive your list of things to buy, check your own inventory first to make sure that you do not buy items or books that you already have. If you have siblings or friends who went to college, ask if they have a book or an old item in your list so you won’t have to make a new purchase.
  4. Ask for hand-me-downs. Are you going to live in a dorm or will you be moving in an apartment near the campus? Instead of buying furniture for your place, ask your relatives if they have old furniture that they want to get rid of.
  5. Buy only what you need. Before buying everything on your list, choose the most important items first. You might not really need to buy everything later.
  6. Compare prices online. Use the internet to check out prices from different sellers. You can find websites that offer free comparison tools that lets you see prices of one item from various shops online.
  7. Use coupon codes. Visit websites that offer online coupons and vouchers. Find coupon codes that you can use to purchase only schools supplies that you need.
  8. Deliver to your dorm. If you will be staying at a dorm, consider shipping your online purchases directly to your new place so you can save baggage cost.
  9. Do-it-yourself. Some skills can literally save you hundreds of dollars such as troubleshooting a computer, fixing furniture, altering clothes, etc.
  10. Go easy on your student credit card. If you plan to use your college credit card to purchase school supplies or things, make sure that you don’t max out or exceed your credit limit. Most importantly, see to it that you will be able to pay your credit card balance in full to avoid interest rate charges.
  11. Buy second hand. Find second-hand books, tools, furniture, and gadgets that you might need for school to save money.
  12. Get informed. If this would be your first time to buy a computer system, it’s a good idea to ask opinion from an expert such a computer technician or a gadget specialist. This way, you can be sure that you will be purchasing a computer system with the right specs and at a reasonable price.
  13. Upgrade, instead of buying. If you already have a laptop or a desktop, consider upgrading it instead of purchasing a brand new system. You can save a large amount of cash with this option.

     

    Samantha Wilson is a consultant for credit cards for students. For years she has written credit cards for students articles that would help build student credits.

     

     

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