College is often your first foray into the real world. For many it is their first time living on their own and their first chance at being truly independent. While this sense of independence can be exhilarating it also comes with a great deal of responsibility. One of the responsibilities you will find yourself faced with is that of maintaining your finances. If this worries you, have no fear! We have some suggestions on how you can stay on top of your finances while at college.
Student discounts
Students are lucky, in that most people understand that while you may technically be independent adults you may not be financially secure. They also understand that students have many expenses ranging from tuition fees to living expenses, and so, many places offer student discounts. Restaurants, clothing stores and even bookshops often have student discounts that you should definitely make use of. You will likely save a couple of dollars and this can easily add up! If there is no sign on student discounts always inquire! Your campus may also offer subsidised rates at affiliated bookstores or food outlets that you should take full advantage of. Especially if they offer discounted library membership – this will definitely come in handy!
Start saving
It is never too early to start saving money. While this may seem pointless in college understand that it is highly likely that you will leave with not just a degree but also, very likely, with a mountain load of student debt. Maintaining savings is one sure debt reduction strategy. You really should plan ahead so that your debt reduction strategies are in place when you leave. Other ways in which you can save money is to look into your weekly expenses at college and cut down on unnecessary items. For instance, if you are on a college meal plan but could possibly cook for less at home then make the switch. Similarly if you have access to subsidised housing on campus rather than renting your own place, then look into that as yet another way to save some additional cash.
Stick to a budget
Even as a student it is important to live within your means. Create a weekly or monthly budget debt reduction, at http://thinkmoney.com.au/debt-reduction/. Avoid impulse purchases and spending on unnecessary food and drinks. While occasional treats are okay or spending money on travelling or gaining new experiences, avoid wasting cash on things like coffee, stationery and clothing that you could easily buy for less or do without.
In this day and age it is relatively very hard to find anyone who is actually going through life without a single drop of debt to pay off. These days loans are a necessity. Not all jobs pay well and to live of your dreams and stay happy and content we have to resort to some form of borrowing money. But to the conscious individual the fact that they have debts will forever linger on at the back of their mind until they finally settle it. Having debts often limits your choices of living as you want to keep your debt to a minimum low. So let’s see how to pay off your debts and live debt free.
If you like most working adults have a dream to one day move away from the rat race and start up your own business but do not have enough money saved up to do so, consider starting up a small business that does not require too much of an investment. One dream of most people is to start up a small restaurant in your town however, most of these people think about the cost of renting out a small place and the initial deposit that needs to be placed and feel discouraged.
Are you planning to buy or sell property in near future? Are you aware of the facts and details that you will need to keep in mind before, during and after the deal? If not, then the following content can prove to be a step by step guide for the entire process of buying and selling the property. If you will keep in mind the following things that need to be mandatorily done, like hiring any conveyancing service, in any property deal, then there are minimal chances of any litigations or any other legal problem in your property deal.