28 Tips to Save Money in College

College can be expensive, but it doesn’t have to break the bank. There are plenty of ways to save money in college and stretch your budget. These tips will help you save on everything from textbooks to food.

To save money in college, you must first figure out how much you already have.

Taking stock of your monthly income and monthly bills may seem like a no-brainer, but many college students don’t take the time to do this.

1. Open a Free Checking Account

Many college students opt for a free checking account. A free account is a great way to avoid fees and keep track of your money. Plenty of banks offer free checking accounts with no minimum balance requirements.

If you are a student, you may be able to get a checking account with no fees. Banks typically offer this account to students who maintain a certain Grade Point Average (GPA).

2. Use a Student Account With No Fees

Taking on a part-time job is a great way to earn extra money. But finding a flexible enough job to work around your class schedule is essential. Many college students work as bartenders, servers, or retail associates.

3. Get a Flexible Part-Time Job

Late payments can damage your credit score. If you struggle to make ends meet, consider setting up auto-payments for bills. Autopayments make it so you will never forget to pay a bill.

4. Do Not Rack Up Late Payments

5. Avoid Overdraft Fees

It’s essential to keep track of your spending. Link your checking account to a budgeting app. A budgeting app will help you stay on top of your finances and avoid overdraft fees.

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