Why You Should Save as a Student?

[Spencer]

Books and Learning Materials: You can use your savings to purchase books and materials that make learning easier for you, if you're on scholarship or self funded your budget might not cover these materials, but with adequate savings you'll be able to afford them easily.

Entertainment: With adequate savings you can go out with your friends to the mall for example or to a concert, this doesn't mean you must go out everyday but it can make for a good lifestyle.

Emergency : Emergency is also another reason why savings is important, with enough savings you can take care of emergency situations.

 

[Highs]

It helps to save as a student mainly because it fosters good habits of handling money from a youthful age. They help one to deal with the dress situation regarding emergencies such as fixing a car or paying a hospital bill without requiring to borrow. You don't even want banks running after you ti get their money, they will frustrate you. Saving also is useful in the sense that it helps you to establish effective ways in controlling your expenditure, which in turn helps in relieving you of the stress that may arise as a result of fear on the issue of money.

 

[good-guy]

There are a few tips you can follow as a student if you want to save money. However, saving money as a student is a really difficult thing to do as you may have a limited resources.

Pursuing student scholarship programs is also one if the best ways to save money. This can help in many ways.

Apart from that, you can also opt to get a part-time job as well. This can help you earn extra money and help you create a budget. Since you will be earning extra money, you will also be able to save extra cash as a student.

 

[Mika]

It is well known fact that students should save but the main question is how? With the rising cost of living, rising cost of education and lack of jobs and income opportunities how can students save? Well, I see a lot of people suggest students should not waste money on entertainment and parties. But we need to understand these things are important to keep your mind from going insane. You need fun in life.

 

[Spencer]

There are a few tips you can follow as a student if you want to save money. However, saving money as a student is a really difficult thing to do as you may have a limited resources.

Pursuing student scholarship programs is also one if the best ways to save money. This can help in many ways.

Apart from that, you can also opt to get a part-time job as well. This can help you earn extra money and help you create a budget. Since you will be earning extra money, you will also be able to save extra cash as a student.

A scholarship program can help students to save money on tuition payments and textbooks, it also help students with living costs, all of these can help reduce the cost of the study, there are a lot of scholarship programs abound that you can start applying to, whether im school or offline.

You can also get an on campus job for example as a waiter or a shop attendant, even though the payment isn't much but it can help towards saving you some expenses like food or some piece of clothing.

Or you can start a YouTube channel documenting your journey.