College costs aren’t what they used to be, and students in college need to do whatever they can to save money when they’re enrolled in school. Nationwide Bank did a study on the spending habits of college students, and the average student needs to budget very carefully if they want to be able to afford everything they need. Twenty-six percent of a student’s budget goes towards room and board, and 19% goes towards tuition and associated fees. A whopping 40% goes towards discretionary costs for technology, entertainment, clothing, and cosmetics.
College can be very expensive, even with financial aid and scholarships. Everything from textbooks, transportation, food, entertainment and supplies, these all cost money. Learning responsible financial management will prove to be important during college years and beyond. College students can avoid creating a large amount of debt by looking for ways that they can save money. If you want to avoid accumulating a huge debt, it is important that manage your money and expenses in a responsible manner. To help you out, here are some ways to save money while attending college.