When it comes to financing and money management, everyone wants to know one thing, how to get more money in your pocket. You might not have an interest in day trading or the stock market, but applications such as Acorns and others mentioned here might spark your interest and give some insight on how to make some extra money with some small investments.
Financial investing might not interest you, and if that’s the case, there are other ways to save some money that are far less risky and require less time.
Save Money on Books
Shop around for your textbooks. The campus bookstore is not the only place to buy them (or the best). You can actually download your books at a fraction of the cost. This is a great option since many classes change their editions every few years, and you’re most likely going to sell them back for a fraction of what you paid.
Fastweb and Scholly are just two of the many apps available that allow you to build a personalized profile to search for scholarships. As you know, scholarships and grants are a great way to reduce your costs for tuition. They can subsidize, or in some cases, cover all of your college expenses.
There are billions of dollars in aid out there, you just need to know where to find them.
Monitor Your Credit
Although you might not be thinking of applying for a credit card, buying a car, or making a large purchase right now, it’s always a good idea to monitor your credit score. Apps like Credit Karma can not only help you keep track of your (hopefully rising) credit score, but they also monitor open debt. It’s a convenient place to see all credit card balances, card offers, and any debt or accounts you have in default.
Making a conscious effort to raise your credit score now will be an invaluable asset for your future.
A budge can be hard to make and stick to. Luckily, apps like PocketGuard and Prism are great tools to help make the process easier. With the right tools, you can set a budget for groceries, bills, and fun money and actually stick to it!
You’d be surprised how much money you can save when you stick to your budget.
Stay on Task
With a different project due every day, study groups, football games, and a hectic class schedule, it’s hard to keep everything straight.
Luckily, you can download apps like ZenDay to help keep you organized and on the path to success. No need to reference your syllabus daily, all the information can now be found in one place.
Take on The World
College can be stressful, but it doesn’t have to be!
Now that you’re armed with the tools you need, hopefully, you can save some money and reduce your stress.